jaxxy:



The lesson: If persons or a buyer sends u money and comes back for refund (especially immediately) full or partial u must send it back to same account only or else notify authorities about it just Incase. No cash or 3rd party account for refunds.

How do you know the sender's account to return it to. Is the sender's account available to you on the alert. There's no way he's knowing that till he gets to the bank to check. The only logical thing to do us to insist on transferring it to an account. That way the destination of the fund will be traceable.

People are really smart when it comes to doing bad things.

dearie:


How do you know the sender's account to return it to. Is the sender's account available to you on the alert. There's no way he's knowing that till he gets to the bank to check. The only logical thing to do us to insist on transferring it to an account. That way the destination of the fund will be traceable.

That still puts u in a situation if it went to another fraudulent account rather than the original account it came from. Why the original account can’t be used is already a huge question and red flag. It cud be innocent in sm case tho.

karnivorous:
old story new one pls

Omini knowest, oya abeg tell us new story!!

Awon eyan ni Craigslist ( Craiglist warrior)

Yodexy:
It is a very old yahoo boys scam. It doesn't even work overseas again.

It goes like this, you buy a credit card details from a hacker. Then you check online for small companies, lets say a limousine hire company.

Tell them your people are coming for an event and you need a car.

They give you a quotation like $1900 and you immediately pay more than the amount. Like $3500

Next thing, the guy who owns the company starts to message you about the overpayment.

Then you say your it was a mistake by your account officer.
Next thing you ask him to wire $1500 to you and keep $100 for his troubles.

Funny enough most times, they think they've made a quick buck.

Until their bank calls them in for a quick chat.

Kendumazy:
That's why you need to run that your small or big company just like a way standard organization runs it when it comes online fund transfer. Best way to deal with that is give 7 to 12 business days for any refund and its to be transferred to the account you got the payment from. If the sender is giving you another account details, just talk to your bank to help you reverse the payment as you have no knowledge of such transaction.

best solution.

That is the reason why you need to install CCTV CAMERA in your office,when such people come,the CAMERA captures everything both communication and movement.

bishopkay:
Imagine this scenario and it happened real life so don't think it's some fairy tale.

Three men visited a car stand. They asked for the pricing of a 2013 Toyota camry and the seller told them the price (say 5 million naira).

They asked him for his account details and after 2 days, they transferred 3 million naira into his account.

Immediately after the transfer, they came to him and told him they are sorry but they couldn't complete the cash; so the car dealer should give them 2 million -five hundred thousand naira and keep the other five hundred thousand naira on it as fees for inconvenience on his part. The car dealer happily did that and was happy he got 500k as fees for doing almost nothing.

Fast forward to 3 days time, he had his car stand invaded by F-SARS and anti kidnapping squads. They asked if he was the owner of the account and Nabbed him immediately He admitted to ownership of the account; then it dawned in him what was really happening.

The guys were kidnappers and they used his account to recieve kidnap ransom making him culpable in the offence. He paid them cash with no trace and they made It look like the 500k was his own share of the loot! Now he is in very deep trouble but it could have been avoided.

That's it people, stay safe and be very careful. Don't go looking for quick cash or commissions without doing your DD. Let wisdom guide you always and don't be greedy!

I'd be grateful if mods could move this to FP so people can learn this latest format from the men of the under world.

Nice piece of info...though it's actually not a new phenomenon. However, lessons could be learnt from this.

1. Those saying he should have returned it to the sender are not being realistic because the sender's account number is not indicated on the alert or narration, so how does he do that without going to the bank.

2. Accepting the #500k for his troubles was too cheap a ploy to fall for. He should have been suspicious especially for not doing anything to warrant it.

3. Since it can come under any guise...never pay out cash in situations like this. By so doing, the trail terminates with you and you make yourself the final traceable destination for the proceeds of the crime. You don't wanna be that stupid.

4. We have had instances someone will be at the ATM and ask to transfer to your account to withdraw from it since his daily withdrawal limit is exceeded.

5. They have different formats. The rule is never to pay cash, once you transfer you keep up the trail and that atleast proves you are not the eventual beneficiary of the proceed. So the authorities can extend it to the account you send to.

6. The best rule is to report to your bank or don't touch the funds in your account. You can claim ignorance if the funds sit pretty in your account without you touching it...but instead of doing that you can as well report it to your bank and ensure you have an evidence incase the bank feels there's no erroneous posting from its end, but then don't touch it.

7. In summary...the most important lesson is not to terminate the trail by giving cash. Insist on sending to another account.

Some people are just mad when it comes to cooking up format habaha any one can fall for this I swear the person wey cook this format na accomplished criminal Na blacksite the person suppose dey dwell

tgmservice:
No p

If the Nigerian police force can do proper interrogation and investigation he will be released
because it is neva his fault he is just a car dealer but we all know the NPF are daft

.

My dear brother, police procedure is roughly the same world wide and human nature is not so different too.

A friend is doing long time in jail in America for receiving $5k in his account which turned out to be part proceeds of fraudulent funds of total $500k.

Police and FBI couldn't trace the real criminals so they turned on the recipients, my friend and a white woman who actually received about $500k.

Interestingly, the white lady was coopted as prosecution witness while the African was branded the accused and eventually sentenced to multiple decades jail term!!

So, police is shitty world wide!!

Kendumazy:
That's why you need to run that your small or big company just like a way standard organization runs it when it comes online fund transfer. Best way to deal with that is give 7 to 12 business days for any refund and its to be transferred to the account you got the payment from. If the sender is giving you another account details, just talk to your bank to help you reverse the payment as you have no knowledge of such transaction.

Nice one. Flesh and blood did not reveal this to you.

If only people stop to think about God’s judgment. God is angry with the wicked everyday.

karnivorous:
old story new one pls

And it happened as expected. I know i must find this kind of comment. Smh

If should contribute to this;
I must say this story no add up

If cash in hand
Who will count such amount to someone as a refund.
Cus the man wouldn't run an errand to cash out for them..

If transfer
Is it not mobile transfer?
Let them trace the last destination the money land..

when huge amount is involved; also blind with greed, I think this is the outcome....

1Sharon:


A proper business man will not accept such a large amount for inconvenience.
A few thousand naira as a tip is appropriate

You're a very wise and smart fellow. Thumbs up to people like you.

bishopkay:
Imagine this scenario and it happened real life so don't think it's some fairy tale.

Three men visited a car stand. They asked for the pricing of a 2013 Toyota camry and the seller told them the price (say 5 million naira).

They asked him for his account details and after 2 days, they transferred 3 million naira into his account.

Immediately after the transfer, they came to him and told him they are sorry but they couldn't complete the cash; so the car dealer should give them 2 million -five hundred thousand naira and keep the other five hundred thousand naira on it as fees for inconvenience on his part. The car dealer happily did that and was happy he got 500k as fees for doing almost nothing.

Fast forward to 3 days time, he had his car stand invaded by F-SARS and anti kidnapping squads. They asked if he was the owner of the account and Nabbed him immediately He admitted to ownership of the account; then it dawned in him what was really happening.

The guys were kidnappers and they used his account to recieve kidnap ransom making him culpable in the offence. He paid them cash with no trace and they made It look like the 500k was his own share of the loot! Now he is in very deep trouble but it could have been avoided.

That's it people, stay safe and be very careful. Don't go looking for quick cash or commissions without doing your DD. Let wisdom guide you always and don't be greedy!

I'd be grateful if mods could move this to FP so people can learn this latest format from the men of the under world.

Whoever falls for such is not thinking straight whatsoever. ..........

It is greedy dull person that falls for this kind of scam. Nobody can forfeit a huge amount just like that for you. Secondly you cannot make a transfer to me and expect me to withdraw cash and give you. I must transfer it back to you. Somebody doesn't have money to complete a car payment but he can just forfeit 500k

Kendumazy:
That's why you need to run that your small or big company just like a way standard organization runs it when it comes online fund transfer. Best way to deal with that is give 7 to 12 business days for any refund and its to be transferred to the account you got the payment from. If the sender is giving you another account details, just talk to your bank to help you reverse the payment as you have no knowledge of such transaction.

Brain jam brain your head get oil

MegaStarr:


You're a very wise and smart fellow. Thumbs up to people like you.

Why do I sense sarcasm?

Kendumazy:
That's why you need to run that your small or big company just like a way standard organization runs it when it comes online fund transfer. Best way to deal with that is give 7 to 12 business days for any refund and its to be transferred to the account you got the payment from. If the sender is giving you another account details, just talk to your bank to help you reverse the payment as you have no knowledge of such transaction.

You can also raise a bank draft in favour of the account the money was sent from.

Foolishmasses:
Awon eyan ni Craigslist ( Craiglist warrior)

That year

Kendumazy:
That's why you need to run that your small or big company just like a way standard organization runs it when it comes online fund transfer. Best way to deal with that is give 7 to 12 business days for any refund and its to be transferred to the account you got the payment from. If the sender is giving you another account details, just talk to your bank to help you reverse the payment as you have no knowledge of such transaction.

may your days be long

to be sincere Nigerians are among the smartest in this planet!!

wink2015:


@bishopkay

Very good information!

BUT WHAT DO YOU MEAN BY DD?

You said and I quote "Don't go looking for quick cash or commissions without doing your DD?

What is DD?

DD means due diligence

Kendumazy:
That's why you need to run that your small or big company just like a way standard organization runs it when it comes online fund transfer. Best way to deal with that is give 7 to 12 business days for any refund and its to be transferred to the account you got the payment from. If the sender is giving you another account details, just talk to your bank to help you reverse the payment as you have no knowledge of such transaction.

You are right . However, the freebie spirit and get rich-quick tendency will not allow so many people to think straight in times like this .

Don't give and don't take

Really

But I thought banks have transfer limit

Some people sit down one place everyday and what they think of is how to scam somebody. They take prestige from it... Very unfurtunate country

1Sharon:


Why do I sense sarcasm?

No sarcasm. It's the plain truth.