Is it possible to talk the seller directly or by phone? An ad is posted in which the scammer is posing as a seller. Often the advertised property is offered at a very attractive price. Interested customers try to contact the seller regarding the ad, only to discover the phone number is not correct or doesn't exist.
The prospective buyer only is available via email communications, and not reachable by phone. The reasons typically are "I'm deaf, I've been in an accident, I've been sick, I'm on a business trip, and therefore only reachable through email."
Once the seller has this money in hand, there can be many excuses why the boat has not been delivered. In some cases, the buyer is asked for additional payment for transporting the boat. Once the seller has received this payment, he will disappear without a trace.
A shipping company should handle the transportation and be trusted with the finances. A correct business address on the homepage? That's provided on a secure site.
Caution - the whole company is probably purely virtual. Professional looking websites are built quickly - and deleted just as quickly.
You receive an email with a forged sender [URL ]. In most cases you will be asked to send your user information.
Here are scammers at work. By disclosing your login information, a foreign third-party receives access to your account, and thereby starts fraud on your account.
[URL ] will NEVER ask you your login information. If in doubt, please contact our support team support @ [URL ]
You offer a boat for sale. An overseas buyer responds. The buyer offered to buy the car without having seen it before.
You receive a check that is well above the purchase price. The buyer apologizes that he has accidentally sent the wrong amount, and asks you to send the excess amount by Western Union.
When you cash the check at the bank, the amount will be immediately credited. However, after being reviewed by the bank, which may take some time, the check is canceled because it is not covered. In the meantime, you have refunded the excess amount back or you have made this transaction via Western Union or similar institutions.
Once your money has been paid to the receiver, it is irrevocably lost.
The Rip Deal is a fraudulent currency exchange transaction. The scammer uses many different tricks, all with the same goal; to cheat their victims out of their money.
How a Rip Deal transpires
The scammer will typically display an ad (eg, boat ad) to lure in their victims. Most currency exchange scams find their victims in this manner.
After contact, a meeting is arranged - usually abroad. At this meeting, the fraudster steers the conversation to currency exchange or cash transaction.
The victim is offered an exchange for Euros or vice versa US Dollars. Sometimes the scammer pretends his has also been a victim of black or laundered money, which is his excuse for why the currency exchange must be done secretly.
There is virtually no limit in the scammer's mind regarding the fraudulent currency exchange.
How to spot currency exchange scams