PAYMENT FORWARDING SCAM TARGETS STUDENTS

23 November 2009 12:00 p.m. Eastern
Nicole Thompson

Young people around the country are being targeted by criminals through Internet sites and e-mails. In this latest scam, criminals contact individuals claiming to need a babysitter or nanny for their children when they soon move to America from another country. Individuals are asked to deposit a money order into their bank accounts and wire back some of the funds. The original money orders are counterfeit and the young victims are responsible for repaying the money to their financial institutions when the money orders are returned. Protect yourself from scams such as these by not cashing money orders or checks from people and organizations you do not know.