Post
Topic
Board Service Discussion
Topic OP
online escrow scams?
by
epiclux
on 12/04/2022, 20:27:17 UTC
Lately i hear about escrow scams !!! normally i use it with my clients !! but few clients telling me its not safe any more .

According to the Internet Crime Complaint Center, many of these frauds originate in Eastern Europe in former communist countries

Sometimes scammers set up a third party to receive funds or merchandise.

The fraudster sends an e-mail to an unsuspecting job seeker who has posted a resume on HotJobs, Monster, or a similar site. The e-mail may indicate the job seeker is perfect for a “National Accounts Manager” position acting on behalf of a group of “independent distributors, well-known in Europe selling electronics,” who want to enter the U.S. market. The job seekers use their bank account to receive funds and wire proceeds from the “large equipment sales” to the “company headquarters” overseas, usually in Latvia, Estonia, Romania, or Cyprus. The job seeker then keeps 8% of the transferred funds as his commission.

Other job seekers are recruited and paid to forward merchandise to con artists. This job seeker, hired as a middleman, forwards the package overseas. The scammed seller receives nothing for the merchandise.

Or the buyers itself received  what they want and  then report that they hasn't especially with documents or accounts details

Is there other site safer than escrow ?