Interpol has warning and tips on non-delivery scams

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scam alert: Interpol has warning and tips on non-delivery scams - Times of India

Non-delivery scams are those where fraudsters collect payment on the promise of delivering goods that never happens. Such scams usually carry high-pro

timesofindia.indiatimes.com

Interpol has warning and tips on non-delivery scams

Non-delivery scams are those where fraudsters collect payment on the promise of delivering goods that never happens. Such scams usually carry high-profit margins and cybercriminals execute such a scam in a very sophisticated manner.

Considering the rising cases of non-delivery frauds, the International Criminal Police Organization or INTERPOL has issued a Purple Notice to its 194 member countries about these scams. INTERPOL has also issued five things people should know about these non-delivery scams including how they can avoid falling for them.

These crimes are well planned as they involve a wide-range of people and groups. Criminals usually set up a genuine looking website, salespeople, intermediates and bank accounts. Also, these scams involve more than one country to complicate the entire investigation process.
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Interpol issues warning and tips on non-delivery scams

Considering the rising cases of non-delivery scams, the International Criminal Police Organisation (INTERPOL) has issued a warning and five tips to avoid falling for them. Typically in these scams cybercriminals collect money for delivering goods and never show up. These scams are usually...

timesofindia.indiatimes.com

Interpol Alerts:

Financial crime – don’t become a victim!

Follow some common sense rules to reduce your chance of being a victim of financial crime.

www.interpol.int

Non-delivery fraud
In non-delivery fraud, criminals promise victims highly sought-after goods, accept payment, then never deliver. While the principle is simple, the fraud scheme is often sophisticated. Criminals can adapt a well-established modus operandi to suit any product, whether it is medical equipment, puppies, office supplies or electronics.

5 reasons non-delivery scams work

Here’s how you can avoid becoming a victim.

www.interpol.int

 

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Please take heed of these. These are not your typical 419 scams, they are something different altogether. South Africa has a very active group of these criminals. They are quick to spoof real companies, even register companies at the CIPC, many times with fake addresses.

It starts with pets, goes through to drug scams and extortion, even selling babies in adoption scams, on to cars, boats , trucks, bulldozers and spares, onto paper, chemicals, agricultural produce and other types of commodities. Of late masks and other CovID related items are used, even ventilators.

A businessman from Pretoria nearly lost a fortune in a $233 million scam where he had to pay 1% deposit last week.