CiBT 5000$ lottery?

Question

Um,

This is scary but true, today I got a check for 4,800 bucks from some company called CIBT, Inc. It said lottery winner on top. At first glance I thought the check was some kind of loan check or void, just sample, but the check is good, ready to sign. But again, I don't know anything about this company CIBT or when I entered these sweepstakes. It says at the end, congrats.

It has a number that says call to confirm you have received your prize. But it says nothing about loan, refinance, etc.

What should I do?

Answer 1

Be careful, this sounds like an advance fee fraud.

Generally what happens is that you deposit the check, and then the check clears. The number you call will tell you that you need to send them part or all of the amount to pay whatever, taxes, fees, etc. You withdraw the money and send it. Soon, the bank contacts you and tells you that the check bounced or was fake, and guess who has to repay the bank - you do.

If you cash the check, don't withdraw the money. Wait and see what happens, and don't be surprised if the bank later alerts you that the check was fake, and the funds withdrawn.
Bring the check to the attention of the teller or even the bank manager when or if you decide to deposit it. This way you won't be accused of anything if the check is a fake.

If you call the number, don't be surprised if they ask you to forward fees or other money, which, legitimately you don't have to do when winning a prize. The only money you should owe would be taxes, and those you pay directly to the IRS.

You can do a little online research on 'advance fee fraud' and 'prize claim schemes' to inform yourself about these issues, they are becoming more and more prevalent.