| FAQ |
| New To 777f |
| Buying |
| Selling |
| Using My 777f |
| Resources |
| Online Security |
| Contact Us |
|
Frequently Asked Questions
|
| What are some common types of fraud? |
With the Internet, many types of fraud are possible. Some common ones are:
- Bank Transfer (Scam Mail)
Usually, such scam mail originates in Africa. Now it comes from other countries as well. Often, victims of this scam receive an introduction letter via email. In such a letter, they are usually told a story about a wealthy person (for example a rich businessman or government official) who has died. The letter then asks the receiver to provide a bank account where the deceased's money can be "safely" deposited with a promise to pay 20% to 30% of the deposit as compensation. To see an example of this scam mail, please click here.
- Standard-Looking Company Invoice (aiming to get your personal information)
Some criminals may ask for a standard-looking company invoice, which often includes a bank account number, when they make contact with you. After you provide this, they may attempt to withdraw your funds or purchase samples at the expense of your good name and the reputation of your business. Do not provide sensitive information, such as a bank account number or corporate registration, without taking prudent steps to determine the credibility of the party or parties with whom you are dealing.
- Credit Card
Be very careful if a prospective business partner you meet through the Internet informs you that they can send you payment only by check or credit card. If you accept such payment methods there is a risk that the checks may be forged or that the credit card numbers might be been stolen. Wire transfers and letters of credit issued from a bank or licensed financial institutions are free of such risks in securing payment.
|
|
