Yesterday, the BBB and Western Union announced a new initiative in which both organizations have partnered to assist people avoid being defrauded. According to the news release issued, “Consumer fraud is a serious problem in North America. According to the Federal Trade Commission and the Canadian Anti-Fraud Centre, consumers reported losing more than $1.5 billion to all types of scams in 2011.”
As our readers are aware, we have highlighted various types of fraud including sweepstakes, foreign lotteries, the grandparent scheme, overpayments, etc. Many of these fraudulent schemes involve the wiring of funds to scammers, which in many cases, involves the wire transfer of funds across borders.
To learn more about this new initiative between the Better Business Bureau and Western Union, visit www.bbb.org/scamstopper.
For more information regarding various types of schemes and other offers, visit www.evansville.bbb.org or call the Tri-State BBB at (812) 473-0202 or toll-free (800) 359-0979.