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Email Inheritance Scam, How to avoid it

May 31, 2008 By: Newbornbusiness Category: Scam

Scam is simply making money by stealing money, time, or resources from you. Or worse, they can continue to cause harm to you after the initial event in other ways too, such as taking your personal information, including credit card information and selling it to others, or even stealing your identity.

If you receive an email in your inbox claims that you are going to receive a huge inheritance from a long-lost friend or family member, therefore you should beware, as you are encountering an Inheritance Scam.

The formula of the email you may receive is like that ” We wish to notify you again that you were listed as a beneficiary to the total sum of £4,600,000.00GBP (Four million Six hundred thousand Great British Pounds) in the intent of the deceased (name now withheld since this is our second letter to you). We contacted you because you bear the surname identity and therefore can present you as the beneficiary to the inheritance since there is no written will.

In your acceptance of this deal, we request that you kindly forward to us your letter of acceptance”.

In this Scam technique, you are simply a focus of mass mailings for many people nationwide. Thousands of people having the same surname receive a notice that a huge inheritance has been located in their names. This email will spell out where the inheritance is located and how you can claim it. The scammer may ask for a fee to process the claim. You should never have to pay a fee as no reputable law firms and executors of wills will never ask you to send them money for a processing fee.

If somebody on the mailing list victims does claim his right to the inheritance, the amount is usually very small and many times less than the fee they paid to claim it.

There are many scams, frauds, and cons that you have to watch out for today. Do your research and talk to people involved with them to make sure and avoid those. In order to protect yourself from Inheritance Scams, you should check with your family members about any recent deaths. You can also check with the local Better Business Bureau, the State Attorney General’s office, or the U.S. Postal Inspection service.

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