What Are Scam Victim Compensation Scams?

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What Are Scam Victim Compensation Scams?

Post by Roxy »

Scam victim compensation scams target people with the notion that the person may have already been the victim of another scam in the past. For this type of scam the scammer will promise a large amount of money as compensation for having already been scammed in the past. The scammers may also talk about having recovered a large amount of funds from other scammers too, which they claim will be distributed to a large number of scam victims such as yourself.

Many scam victim compensation scams also involve the scammer claiming that they are making contact from some form of government or law enforcement agency like the CIA, FBI, International Police, the United Nations, etc. Or sometimes they may even say they are from a government entity which is completely fictitious and non-existent. Click here to read more about Government Related scams in general.

Other scam victim compensation scams involve a scammer claiming to be a banker or from a bank and wanting to arrange payment of “recovered funds” from a "scam artist". These fake payments may be offered in the form of money transfers via Western Union, Money Gram, or sometimes via a so-called preloaded ATM or credit card.

Another form of the scam victim compensation scam will involve the scammer claiming to be someone who was also scammed in the past, but then claim that they have already been able to receive financial compensation for being scammed. In these instances the scammer acts as if they wish to share some wonderful news and advice with you about how they were able to successfully receive a large sum of money as compensation for being scammed. The scammer will then go on to tell you to contact another fake person (perhaps a barrister, lawyer, banker or someone else) and provide a fraudulent email address in order for you to also be able to collect your share of the so-called scam compensation money. In these instances though you are normally dealing with only one scammer who is acting behind all of the various fictitious personas being presented.

Of course all of these scam victim compensation claims are completely fraudulent and fictitious lies and which are just another type of scam offer.

During the course of the scam the scammer may also provide a so-called online banking website (with login details) in an attempt to prove that the funds truly exist and are safely sitting in a bank account awaiting payout. In all cases these websites are always fraudulent/fake bank websites owned and controlled by the scammer and the money that they are showing within the bank account are fictitious funds in a non-existent bank account.

The scammer will eventually ask you to send some money before any of the money being promised can be sent out to you. This is a type of scam known as Advance-Fee Fraud. Advance-Fee Fraud is best described as an offer of money, merchandise, services, employment, or even romance, but where the victim is asked to pay a fee in advance to obtain whatever is being promised to them by the scammer. The main scam strategy of all advance-fee fraud scams is to try to persuade the victim to send money, and then continue to send more money to the scammer, as many times as possible, until the victim eventually runs out of money and/or goes into debt as a result of losses from the scam. And in the end, the victim never receives any of the money at all being promised by the scammer.

Please click here to read more about the psychological techniques used to deceive people with Advance-Fee Fraud scams. The following article on Wikipedia also explains more about Advance-Fee Scams in general: Wikipedia Link

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