What Are Money Transfer Company Scams?

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Money transfer company scams involve the guise that you have a large sum of money owed to you, which may be stated as being for a myriad of different reasons, but which has been or needs to be transferred to you using a money transfer company like Western Union, Money Gram, Ria, PayPal, TransferWise, Bitcoin, etc.

In all cases though these scams involve a type of fraudulent criminal practice known as “Advance Fee Fraud”, a.k.a. “419 Scams”. If you are not yet familiar with these two terms then the following article on Wikipedia can help you to understand more about how most of these types of scams operate: Wikipedia Link