A company sent me an email stating that they will pay me to use my UK bank account to receive funds from their customers and then transfer the funds to them. Is this a legitimate business operation?
2006-10-24 00:01:32 · 44 answers · asked by Anonymous in Business & Finance ➔ Careers & Employment
no it's money laundering.
You will go to jail if the police catch you.
Just think about it why wouldn't they do it them selves, they are paying you for the risk involved.
Think about it, they want your bank details so that they can take all of your money and use the information to create new accounts, so you end up with vast debts. It will be you who is stuck with the repayments.
Never give out your personal details!
2006-10-24 00:03:27 · answer #1 · answered by Heather 5 · 2⤊ 0⤋
No. It's a scam. It works on the principle that UK banks have two methods of clearing a bank cheque - "sight of" and "vendor authentification". When a bank cheque or postal order is credited to your bank the receiving bank - i.e. the bank where you hold your account - will "sight" the cheque - examine it for obvious signs of tampering or forgery. They will then clear the funds to your account. They will then send the cheque to the issuing bank - the "vendor" who will check it against their records to ensure it is authentic. If it isn't, they bounce it.
The scam you are being invited to participate in depends upon the simple fact that "sight of" clearance takes three to five days and "vendor authentification" takes six to eight weeks. In between these times you have access to a bundle of money in your account that technically and legally speaking does not exist, because the cheques you credited on behalf of the scammers were beautifully forged and will easily pass "sight of" clearance. When they hit the issuing bank, though, they are found to be forgeries and are rejected. Some bank officials (prinicipally in Nigeria) are in on the scam and sell blank bank cheques to the scammers, which is one of the reasons the forgeries are of such a high standard.
Now for the sting in the tail. If you read the mountain of bumpf you signed when you opened your account you will find you are responsible for any bad debts generated by the account. So, you get a forged bank cheque for, say, £25,000. It clears in five days. You keep your 10% and send the £22,500 to the scammers. Six to eight weeks later you get a terse note asking you to drop in to see your bank manager for a full and frank discussion of your bank account, which is now £22,500 in the red.
Don't think for a second that you are the exception and this is really your way to untold wealth - it's a straight trip to the bankruptcy courts and possible criminal charges. This is a very real threat - one couple in the US lost over $380,000 and stand to lose everything, their house included.
Mark the emails as spam and forget about it.
2006-10-24 00:20:34 · answer #2 · answered by ANGUS 4 · 0⤊ 0⤋
A scam. The check will eventually prove to be a forgery but probably after you have withdrawn the money and sent it to him. Once the Bank determines that it's a forgery, it'll be your account that they re-debit. Go to the police. If he questions the delay, stall him by saying that you're having problems as you don't actually have a checking account.
2016-03-28 05:56:44 · answer #3 · answered by Anonymous · 0⤊ 0⤋
no way! This is a scam that was on watchdog or one of those type of programmes. They end up conning you out of money, can't really remember the details of how they do it sorry. If they were a legit company they'd be able to get their own bank account
2006-10-24 00:09:30 · answer #4 · answered by athenajm 2 · 1⤊ 1⤋
no absolutely not. do not ever give your banking details to anyone who emails you with such a request. these requests are spam mail and their intention is to steal money from you not give you money.
Delete the email straight away and any others asking you to accept money or telling you you have been left money in a will. if this is the case you will not be told via email. a letter in the mail would be sent to you from a solicitor. be careful out there.
2006-10-24 00:14:05 · answer #5 · answered by Anonymous · 0⤊ 1⤋
This is a scam, hit the junk button or spam button or whatever button it is that you hit when its junk mail since its nothing but a scam. You should NEVER be asked for your banking info or any other personal info in a legit business deal.
2006-10-24 00:12:29 · answer #6 · answered by sweetgurl13069 6 · 0⤊ 0⤋
Hey, sounds like a great idea! You could become rich from doing next to nothing! If you're not going to take up this once in a lifetime opportunity, then forward the details to me, I'll do it!
Oh, wait, time to take my medication.
2006-10-24 00:10:31 · answer #7 · answered by John Conway 3 · 0⤊ 0⤋
NO NO NO NO.... Noone should be requesting to use your account or money from your account. Money Laundering is very illegal. Just delete the email. I bet they are saying they will pay you like £350000 for the use of it. Yeah right B**locks
2006-10-24 00:03:50 · answer #8 · answered by shevlad2004 2 · 2⤊ 0⤋
Whoooo, don't be naive, once they get your bank details they'll clean you out. Don't you dare send them, it's the oldest con in the world.You certainly won't get anything back from them except a headache.
Don't you read the newspapers ??
2006-10-24 00:04:57 · answer #9 · answered by tucksie 6 · 2⤊ 0⤋
Hi, it sounds a bit like money laundering and I would never give my bank details to anyone that you are unsure of.
2006-10-24 00:15:10 · answer #10 · answered by savage 1 · 0⤊ 0⤋