#LINKEDIN STOCK SCAM 600 CONTRACTS PROFESSIONAL#
#LINKEDIN STOCK SCAM 600 CONTRACTS SERIES#

We encourage you to report scams to the ACCC via the report a scam page. If you think you have provided your account details, passport, or other personal identification details to a scammer, contact your bank, financial institution, or other relevant agencies immediately.

Remember there are no get-rich-quick schemes: if it sounds too good to be true it probably is.

If you think it’s a scam, don't respond - scammers will use a personal touch to play on your emotions to get what they want.

Do an internet search using the names, contact details or exact wording of the letter/email to check for any references to a scam – many scams can be identified this way.

#LINKEDIN STOCK SCAM 600 CONTRACTS PROFESSIONAL#

Seek advice from an independent professional such as a lawyer, accountant or financial planner if in doubt.It is rare to recover money sent this way. Avoid any arrangement with a stranger that asks for up-front payment via money order, wire transfer, international funds transfer, pre-loaded card or electronic currency, like Bitcoin.Never send money or give credit card, online account details or copies of personal documents to anyone you don’t know or trust.The scammer offers to meet you in person to verify the proposal, but this rarely eventuates.

Fees may initially be for small amounts but you will be asked to make further larger payments.

#LINKEDIN STOCK SCAM 600 CONTRACTS SERIES#

You are asked to provide your bank account details, copies of identity documents as verification, and to pay a series of fees, charges or taxes to help release or transfer the money out of the country through your bank.You are provided with fake bank statements, birth certificates and other documents if you question the legitimacy.The size of the supposed inheritance may be very large, sometimes many millions of dollars.

The offer looks convincing and may use official-looking letterhead and logos, but will usually contain spelling mistakes and grammatical errors.

They may even ask you to pose as the next of kin to an unclaimed inheritance.

You are contacted out of the blue by a scammer posing as a lawyer or banker and offering you a large inheritance from a distant relative or wealthy individual.

If you provide this information you may also leave yourself open to identity theft. If you make a payment, you won’t receive the sum of 'inheritance' money promised to you, and you won't get your money back.Īs part of their story to prove your relationship, these scammers often also seek personal information such as identification or birth certificates. You may be introduced to a second or even third scammer – posing as a banker, lawyer or tax agent – to 'help facilitate the legal and financial aspects of the transaction'.

In some cases you may be invited overseas to examine documents and the money. They may even send you a large number of seemingly legitimate legal documents to sign, such as power of attorney documents. Scammers will go to great lengths to convince you that a fortune awaits if you follow their instructions. About Scamwatch Expand submenu for 'About Scamwatch'.News & alerts Expand submenu for 'News & alerts'.Scam statistics Expand submenu for 'Scam statistics'.Attempts to gain your personal information.Types of scams Expand submenu for 'Types of scams'.

Linkedin stock scam 600 contracts