English  :  Chinese
首页 关于赛雅 新闻中心 产品中心 在线留言 人才招聘 联系我们
Welcome to Selectech Electronics Co.,LTD,Your power source for Network and Communication,Power plug and Adaptor products,ODM/OEM are welcome
News
   Industry News
   Company News

Tel:0086-755-83234282
Fax:0086-755-28168816
Website:
www.electronic-supplier.com
E-mail:sales@selectechcn.com
T M:   点击这里给我发消息   Sale one
          点击这里给我发消息   Sale two
SKYPE:
MSN:   Sale one
              Sale two
News > Fraud Case Study 18 - Western Union payment Fraud

Fraud Case Study 18 - Western Union payment Fraud

Case Description:

I'm trying to do a deal with a supplier. I have told him I won't pay until I receive the goods. I can understand that he won't send the goods without payment because he could be afraid I will take the goods and refuse to pay. Therefore, he has come up with an idea.

I pay for the goods using Western Union and enter his address but use someone else's name (e.g. one of my friends or family members). He will then send the goods as I obviously have the required amount of money. When I receive the goods, I can change the name on the Western Union payment form to his name so he can collect the money.

Will this make the transaction safer?

Analysis of this case:

1. Money transfer services, such as Western Union, are fast, easy and convenient ways to send funds to people you know. They are not designed to be a payment method for doing business with a stranger. If you don't know the person you are sending money to, this payment method is the same as sending a cheque to someone. They can cash it anywhere without restrictions.

2. Be cautious if a supplier tells you that they will only accept money transfer as their payment method. Most legitimate sellers will accept more than one form of payment. Be suspicious if a supplier tells you how to "safeguard" your purchase by putting the name of a friend or loved one on the money transfer documents. Also be careful if they ask you to establish a "test question." Changing the name or adding a test questions will not protect you from a fraudulent seller.

3. Anyone can pick up the payment whenever they show either

a) proper identification or

b) a money transfer number (MTCN).

All a fraudster has to do is complete the "To Receive Money" form and give it to the Agent with their ID card or the correct MTCN. The agent will give them a receipt. When they sign the receipt, they can take the money without a problem.

4. Western Union does not offer an escrow service or any type of "purchase protection." In other words, once you send your money, there is no way to get it back. Remember, Western Union is a service typically used to send money between two parties that know each other.

copyright © 2007-2009
www.electronic-supplier.com online services. all rights reserved
Selectech Electronics Co.,Ltd Without Authorized Prohibited reprint, copy or create mirror
Address:E-605,Yuetong Building,Meilong Road,Longhua,Shenzhen,Guangdong,China ICP:粤ICP备09101820号.