inheritance scam

Fake inheritance scam strikes again

Fake inheritance scam strikes again

Although for many of us, fake inheritance scams are a regular occurrence, and result in nothing more than a swift departure into the “Deleted” email box, it seems that many people of retirement age are still parting with their savings, in the hope of securing a “surprise” – and non-existent inheritance.

It was recently reported in a Bedfordshire newspaper that a number of vulnerable and elderly people across the county and in Cornwall, the West Midlands, Essex and Lincolnshire were conned into paying out a total of £300,000 during a recent scam, concocted by a number of men from London and Essex.

Sending letters to individuals, notifying them of a fictional $ US 10 million held in a Hong Kong bank, several victims were interested enough to travel to London, where they were told that the money was held in a bag which had been blackened.  The bag was not shown, but some of the alleged money was – blackened, of course.

Assured that the money would be valid once it had been cleaned, the victims were then asked to pay for the cleaning fluid or to have the money passed through a special “cleaning machine”.  Of course, once the funds had been received, the inheritance never materialised.

Although investigations are still continuing, nine victims have so far been identified – one man even parting with £150,000.

If you want to know the truth about how reputable heir hunters really work, contact the IWC Ltd team for further information.

Beware of inheritance scam

The public is being warned about a new inheritance scam, whereby some homeowners have received letters from fake executors of a fictional will.
These letters, who claim to be sent from a Japanese or Chinese bank, acting as executor, state that they are trying to trace long lost relatives of a deceased individual who made a large investment before their death.
They go on to say that no next of kin has been found to date and so the recipient of the letter will become the sole beneficiary of the investment which usually runs into millions of pounds, suggesting that the funds be split between the bank and the person.
This is a particularly cruel scam, offering false hope to many at a time when many families are facing particular financial hardship. Remember that this is a criminal offence and should be reported to police. The public is also being advised to never send an organisation any money without first carrying out significant research to validate their real existence.

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