Canadian Personal Finance Blog

Personal Finances and Consumer Concerns, essays, stories, examples and how to articles with a distinctly Canadian Point of View

Archive for May 8th, 2006

Money Laundering?

Monday, May 8th, 2006

I found someone posted on our companies internal newsgroups (yes, we still have Newsgroups how “Retro Internet” can you be?), a question about an e-mail they received. An excerpt from this e-mail was:

…The work we are offering is very easy to handle and it will not take more then 2 hours of your daily time. In order to start working with us, you need to have or be willing to open a bank account. You will use this account to receive the payments from our clients. The payments will be processed by you, based on the contract you are signing up with us. Your work with our company consists in receiving payments from our customers to your account and forwarding these payments to our main office or to one of our regional affiliate departments, based on the customer and/or agent location…

So, at best this is a scam to steal money from you, at worst it is a front for money laundering, either way, it is not something to get involved in. Now I get inundated with Spam offers of how I am going to make a million dollars by sitting on my fat ass, selling herbal viagra, etc., etc., and frankly if I had a nickel for every one of those, I might just be a millionaire! In this instance if you are offered something unsolicited by someone you don’t know, IGNORE IT, or better still report it as spam, or report it to the FCC (if you are a US Citizen), since it is most likely a misuse of data links.

You make money by working hard, having a plan, saving your money, and cutting your expenses. You are not likely to get rich on a scheme, unless you are the one running it, in which case, may your keyboard explode and the a,s,h,o,l and e key lodge in your face.

Come on people, remember what mother said, if it’s too good to be true, it probably is.

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