How a Veteran CEO’s Retirement Was Nearly Wiped Out by a Sinister Scam – and What You Must Know to Protect Yourself
John’s explanation was that, since the money was sent to a deceased person, the money had to be returned so they could adjust the account information. That could be done by sending them a completed EFT (Electronic Funds Transfer) form, copy of Peter’s death certificate, and other information. “After our bookkeeping department makes the correction, we will return the money to your account, ma’am.”
(EDITOR’S NOTE: This is a common tactic that foreign scammers use. They convince you to send money, saying they’ll send it right back to you. That makes no sense whatsoever but you’d be shocked at the number of people who fall for it.)
