There are many stories of lottery winners who win money, only to be left in poverty a few years, or even months, after they collect their earnings. But, now, there is a more insidious lottery scam that is taking people’s life savings.
This lottery hits most people from their e-mail address. This scam does not originate in Nigeria, but in London. Once the recipient responds to the e-mail, the fraudsters talk of the money they already won, but there is always an administration fee.
The ‘real’ lotteries do not have fees. They also do not award prizes to people who did not buy a ticket, or fill in a registration form.
Many households in the UK are desperate enough to gamble on the slight chance that the lottery is for real. Unfortunately, victims do not speak up from embarrassment.
The administration fee is rarely charged by the company, but by a ‘government levy’ or a legal fee needed to claim the money.
The scam set up is very advanced. The fraudsters put people in touch with a London-based Lawyer who will help you. Many people take out a personal loan or borrow the money on their credit card.
He will arrange the government levy, and uses the same terms as the fraudsters. He will attach his fee to the top of the government and legal fees.
Near the end, the fraudsters walk away with £3,500 that the consumer has begged or borrowed. This type of scam traps the elderly, and the poor, who have not had financial training. They borrow money in the hopes of eliminating their debts.
No comments:
Post a Comment