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An inheritance scam is a specific type of scam that uses the tale of a person who is now deceased and has left their estate to the intended victim of the scam. The scam usually begins with an email or letter telling the person that they are a distant relative of someone they never heard of. That person recently died and the law firm sending the ...
Aug 10, 2022 · Hold on a minute. The FTC has been getting reports of people getting letters in the mail from a law firm. They are, they say, looking for the heir of a multi-million-dollar inheritance. And they think it might be you. (Spoiler alert: it’s not.) Here’s what they offer: they’ll split the inheritance between you, their law firm, and some ...
It doesn’t exist at all. It’s a scam. Here’s what to do if you get one of these letters: Don’t respond. Keep your money and information to yourself. Never send money or information to a stranger who promises big rewards. That’s always a scam. Pass this information on to a friend. You probably throw away these kinds of letters.
Sep 25, 2024 · Inheritance size: Inheritance scams often alert heirs that their supposed inheritance is questionably large, sometimes containing millions of dollars. Fake addresses: Many scammers will tell you the name and address of the bank where your supposed inheritance is being stored. If you look up the address online, your search will likely reveal ...
Sep 6, 2023 · The FBI, which lumps inheritance scams with lottery and sweepstakes scams, says it received reports of losses totaling nearly $70 million for the category in 2022. Inheritance scams have been around for a long time, though criminals are always coming up with new twists. One common version is the bank executor scam, which works something like ...
Dec 12, 2022 · Inheritance Scams: Red Flags to Prevent Fraud. Inheritance scams commonly involve an individual claiming to be the executor for the estate of a ‘long lost relative’ who the victim hasn’t met. They tell the victim that they are entitled to a large inheritance from the estate. However, in order to receive it, the victim must give personal ...
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Feb 19, 2017 · Scam Alert: Anatomy Of An Inheritance Fraud Letter. I am an author, speaker and journalist. This article is more than 7 years old. My wife received a letter from Canada the other day. It was ...
