I BECAME VICTIM OF THIS LAST WEEK FRIDAY. THE TEXT CAME IN AFTER BANK HOUR ABOUT 4:45P.M THANK GOD I COMFIRMED MY ACCOUNT BALANCE OTHERWISE THEY WOULD HAVE GONE WITH MY TOKUNBO HIGHLANDER JEEP. PLS DEAR CO-DEALERS BEWARE OF THIS NEW TREND. GOD BLESS ALL!!

Why not post the content and the sender of this SMS so everyone would understand what the CAVEAT is.

Kind regards.

To be fore warned, is to be fore armed! Chikena!!!

More Details pls,

a word is enough for the wise

Who have ear, let him hear!

These yahoo-yahoo boys/men are becoming Hi-Tech by the day

This warning should be taken seriously by everyone not just car dealers. One only way to prevent falling victim is by keeping your account balance only to yourself. When someone knows your account balance, the person can deceive you into believing he/she has paid into your account. Alternatively verify transactions by checking up your balance via ATM

viperman:

These yahoo-yahoo boys/men are becoming Hi-Tech by the day  

using a personalised bulk sms site, scammers can write something like this


sender   ECOBANK

             Transction id 4522120001


             unit id 52300

            deposit

          N6 000 000 deposit in your account no xxxxxxxxx

deposited by xxxxxxxx

same in your bank format, tell me you wont fall.  a cruk asked me to do this for him some time agao, never knew why but refused, now i know

I have done 2 separate transactions with people using bank transfer.

The reason why people do that is because of the risk associated with carrying money all around the city.

What I told people that I have bought vehicles from in the time past is for us to go to their banks together and they either withdraw the money or they speak with their account office for their balance.

NO MATTER THE TYPE OF TRANSFER INVOLVED, YOU MUST GET TO YOUR BANK AND CONFIRM.

A normal alert is supposed to show you your previous balance/amount deposited/current balance, so unless the crook knows your previous balance,it shouldnt work on you. . .like this

Credit Alert
AcctNo: 12357532356xxx
Amnt: 50,000.00
Details/Depositor: 12134/CDP by Mark Smith
Balance: 75,876.21
Time:09-Apr-2010       13:34:32



So please dont fall easily for that trash if your current balance aint displayed. Nevertheless, confirm from the bank, either by yourself or an account officer if you have one, 

I'm getting wiser. Thanx for the tip.

the only way out is to confirm from ur bank, fraudsters can adapt any bank message format and use it 2 defraud unsuspecting citizen.its been happening 4 some time now,hence Zenithbank of recent design a means where u can re-confirm thru sms.

hope our banks are reading this thread

Something similar was published in one of the newspapers a while ago. Same tactics.


According to the trader, the conman approached the trader that he wanted to buy lots of cartons of beer. The trader was very happy as she had never made that much sale in one go.

After negotiations, the conman collected the woman's bank account number telling her he was going to the bank to make payment. About an hour later the woman got a transaction alert on her mobile phone for the amount negotiated N1.5m. At the same time, the conman sent a truck to the trader's store to clear the goods.

Happy for the sale, the trader proceeded to her bank on Monday morning, and that was when she discovered that she had been duped.

^^^^^ You are right. It's been in vogue for sometime now.
One's best bet now is to go directly to the bank to confirm jare.

thanks 4 thes info

It is just a cheap trick. Thought notifications normally add up with d money paid in? D question is how will they know ur current balance?

A word is enough for the wise.

ayusman16:

It is just a cheap trick. Thought notifications normally add up with d money paid in? D question is how will they know your current balance?

  Forget abt been smart, anyone can fall for this trick xcept if you are aware such thing is going round. Consider yourself been offered your asking price without the con-artist bargaining for it and you have no ATM for your account. They can even provide a real teller as evidence of payment. What will you do? Lets beware

The veracity of an SMS alert should be easy to verify. Once it's received you go online and log in to view your account balance on the website of the bank. Also you should receive an email alert as well.

^^ grammer grammer, grammer no be my language

Siena:

Any samples of these fake transaction alerts? Just so dealers and buyers know what to look out for.

Will check if she still have the text msg on her phone but i doubt it cos the texts reminds her of that BAD DAY she taught she won a Jackpot. lol

they used that alert stuff the steal a crvof about 3.3m from some car dealer that i know, their alert will never show your new account balance that how to know the fake alert,

why the panic, its a simple equation, when you get an alert please make sure the alert states your current account balance. i bet the scammers can't get your current balance , so you will know its a straight red flag, so be careful guys  

It beat me how someone will fall for such crap without seeing ur total balance? Except of course in d instances where someone thinks he had gotten a very good deal and is eager to conclude d deal, Na Naija we dey. We need to be sharp at all times.