Financial Safety

Fake prepayments and fake invoices

Fake prepayment scams are also currently popular. Scammers offer a product on social media or through selling websites, and ask the buyer for advance payment, but do not deliver the product. These types of scams work well for products which people are in need of, like wood pellets, briquettes and firewood, and are offered at a particularly good price. The victim, wanting to save money, replies to the offer and is caught out by the scammers. Fake prepayments are similar to fake invoices, which are issued in the name of a company. This company may really exist, but the company’s true bank account details are replaced with the scammer’s details.

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