Why Inheritance Scams Are Still Happening
We are living in a world that can have many different drawbacks that change our lives forever. Many people fall for various con artists and scammers, the most common of which operate through the inheritance scams that made thousands lose their money. In this article, we will share some information with you regarding these scams.
How It All Starts
They get to you through an email or a letter, stating facts about certain so-called “relatives” that had passed away and you’re the next of kin. They reel people in with vast amounts of money, like 20 or 30 million dollars in inheritance money that is left in your name. Sometimes they try to match names to make it seem like you are related and this was some long-forgotten, distant relative. These con artists are smart and go to great and entirely believable lengths to prove to you that they are for real, but sadly, they are far from being legit.
The Real Deal
The only way you could get the inheritance money that is not a scam or con game is through the different inheritance loan providers. Loan consultants at Probate Advance point out that you don’t have to wait long to get probates cleared, enabling you to get your money much quicker. Sometimes people can’t wait for the courts to award the money, so they opt to receive a considerable amount that they’ll get as a loan. This is legit, and you would be able to pay it all back after you finally get awarded the money from the courts, but anything else coming from those other scams shouldn’t be taken seriously.
No matter how convincing it is, there will always be a small detail that can give it all away. For example, they could mention a part of a country that doesn’t exist or a particular establishment that isn’t there. Pay close attention to these small details because later in their long scheme, they would ask for your money for duty fees or something similar; it would be something small compared to the millions they promised you and it’d make people take the bait. It’s a terrible way to get people to pay up and get deceived, and many still fall victim to it these days.
Things to Consider
Be wary and recognize the red flags; it’s essential to know that if something is exaggerated to tens of millions of dollars, then it’s not true. It’s known that legitimate law firms use business emails and not Yahoo or Hotmail, and any offer for payouts is simply a fraud. Take a closer look at any documents you receive too, because most of it would have bad grammar, spelling mistakes, or would just be badly written. So be smart and be safe.
When something is too good to be true, then chances are, it probably is. You need to be smart when you read these false offers and promises for something you simply won’t get. A lot of money has been lost over the years because of these swindlers, and that’s why you must pay extra attention and make sure you aren’t getting scammed.
Inheritance Scams: How To Report
Warn your family and friends about the inheritance scams by sharing it on social media using the buttons provided. You can also officially report the potential scammers to the Federal Trade Commission using the link below:
How To Protect Yourself More
If you want to be the first to find out the most notorious scams every week, feel free to subscribe to the Scam Detector newsletter here. You’ll receive periodic emails and we promise not to spam. Last but not least, use the Comments section below to expose other scammers.