Tuesday, May 10, 2005

More on Postal Money Order Scam

This article from the Herald Tribune states that the origin of most of the counterfeit money orders is Nigeria, however they are also coming from Ghana and Eastern Europe. Many of the victims are being initially contacted by fraud e-mail, or in chat rooms and being duped into internet schemes, involving on line fraud.

Because the people cashing these items are generally regarded as victims and the criminals are overseas, it makes prosecution of these crimes difficult. Lately, I've suspected that everyone involved in this isn't as innocent as they let on. It is now being proven that people are knowingly cashing these items and thus far, 160 arrests have been made since October by the Postal Inspection Service. The key to arresting these people is proving that they knew what they were doing in order to establish intentional wrongdoing.

This might not be hard to prove in some instances. In a lot of cases noted, the dollar amount paid far exceeds the worth of the product being purchased.

If a deal sounds too good to be true, it probably is. Quite simply, the government seems to be getting aggressive in going after this. These schemes rely on greed and getting involved in them could have consequences.

Link, here.

Please note that the newest form of check fraud is coming from Qchex.

Link, here.

Counterfeit items originating from this company are showing up in a lot of internet scams.