You might be amazed to see this content, you might be very curious right now to know why scammers are searching deeply for US citizens; whether you be a US citizen or nay, you must grasp this stealth information now and help share it across the world because this scamming strategy would soon extend to other countries- that’s if it hasn’t. Have you ever been asked about your bank account details by a social media friend you’ve never seen before, have you ever been encouraged to open an account with an online banking platform for transactions, do you have a social media friend just me recently requesting to pay someone else with tee through your account; then you need to read this very carefully and make sure you miss no point.
The Secret you need to know.
This is a effective strategy used by fraudsters on people and it is one of the fastest, most convincing and smooth ways they have swayed people of their money putting them in so much pain. It was gradually explained this strategy in segments.
1. Familiarity stage.
This is the first stage of every scamming process whereby the scammers start a chat with the victim or target. They are usually very descriptive at this stage— telling you all about them (which are all lies) and inducing you to also tell them all about you too. They can also be very emotional in some cases to win you over for the next stage. Take note that during this stage, they gather information very vital to know whether you’re the right target for this strategy. That’s why you can encounter someone on social media who chats with you for a while and suddenly stops and doesn’t even reply to your chats again…this is simply because the required details for that particular fraud strategy weren’t possessed by you. Expect questions like this in this stage: what’s your age, what’s your occupation, how much do you earn monthly or weekly; for crying out loud, I don’t see any reason why someone who I just met on social media should ask me such questions – I would simply warn the person to stop the scam, then I report the account and block.
2. Pre-formation and setting stage.
At this point, they begin to tilt the chat towards achieving their aim. With this strategy, fraudsters can defraud a person in less than three weeks or maximally a month and that’s why they quickly enter this stage. The first stage barely lasts for two weeks which is their determinant period to weigh their present victim.
These fraudsters at this point explain to their victims or clients either a business transaction or any money-related issue they had done with a friend, worker or colleague and they need to make some payments to the person for his or her services. They can also choose to say that they wish to acquire something very daring them but due to some issues at hand, they can’t dispense fun funds at that moment. I know presently, You are wondering how possible they can achieve scamming you with this strategy right….what you will be seeing now will marvel you.
3. Reveal the necessary information.
After they have succeeded in dishing out their well-cooked story to the victim(knowing that their story has kept their client or victim in suspense of their agenda and at this point, the person might block them), they unleash the next step which has hit down 95% of their victims. Someone might be expecting to hear that they asked for monetary assistance — but nay, at this point they tell you that they will transfer the money to your bank account to that you would help them send the money to the destination. It sounds great right? That sounds convincing to anyone who hears about it because they would believe that they aren’t the ones sending the money so even if it is a scam, the scammers would lose but unfortunately this is the beginning of tears.
People hardly think outside the box at this point “why would a person choose to pay someone through me for any reason whatsoever…”, and “can this be real”. But even after thinking, one might not even be able to decipher the game being played. So people at this point quickly give in and are willing to help because certainly the scammers usually promise the victim a certain percentage or an appreciation amount due to the money involved is usually huge in account; about $10,000 and above.
3. Your vital details under siege.
Once the person accepts, the fraudsters directly the person to open an online banking account for a safe and fast transaction. They convince the person with worthy reasons why that is necessary and as long as the victim fell for the lust of the money in stage 2, the person would also accept this and open the online banking account. Once the account is created, the person would then send the account details to them so that they could start the transaction. Once they receive the details, they assure their victims to relax and expect. The money enters the victim’s account between 3-4 working days.
Take note: This is most effective for U.S citizens although they’ve started spreading to other countries.
4. Receiving and moving of funds.
After the stipulated days mentioned above in stage 3, the money will be received in the victim’s account and the victim will be given a bank account( the desired description of the scammer) to send the money to. Once the victim sends the money out to the given bank account, that’s the end…they’ve succeeded in defrauding the victim.
What actually happened…
I would explain what happened; immediately after the victim sent the details of the account, the fraudsters went into a disintegration process with their various viruses and hacks into the online banking platform. They use the victim’s sieged details to apply for a loan. They usually achieve this aim then the money would be received by the victim. The victim wouldn’t know the source and thinking it was from them, sent the money to their providing bank account. If the whole money was $20,000 then they end up leaving about $2000 or even lower and that’s the end of the chat.
Do not accept to open any online banking account for transactions with anyone on social media or someone you have not seen before whether you’re a U.S citizen or not. In this strategy, the victim is put into the bondage of paying a long time loan.
Note: whether the victim sends the money to the provided account or not, it doesn’t affect the fraudsters because it’s already the victim’s loan; so the fraudsters have nothing to lose. Beware!