Money transfer scams are very common these days. Almost everyone who has an email address receives emails claiming that the recipient has won a lottery worth $1000000 or something or that this amount has no heir and would be transferred to the recipient of the email. Such phishing cases have only increased with time and the common people unaware of the tricks fall into the traps of the scammers.
Some people lose their savings while others lose their living by believing in these tricksters. These days, due to the availability of more channels of communication, they have begun using all channels possible to find their prey. I have received such messages on social networks like Facebook and LinkedIn as well. One should only approve requests for connection or inclusion into one’s network for known people.
To avoid being a victim of money transfer scams, we should totally avoid any email, message or notification that suggests that we are being awarded money; remember that money is earned, nobody gives it to you just like that. Secondly, report any suspicious persons or messages wherever possible. If such an email is in your inbox for example, report it as spam and block the email addresses that send these emails.
The leading money transfer operators like MoneyGram and Western Union are often used by scammers to fulfil their purpose. One must be careful never to send money to anyone except when the recipient is known and the purpose is apparent.