Avoid Money Wiring Scams
When you wire money, you are sending cash to someone far away. Many people wire money to family or friends in other cities or countries. Wiring money is like sending cash. When you wire money, you cannot get the money back.
Dishonest people might try to convince you to wire money to them. They may say:
- You won a prize or received an inheritance, but you have to pay fees or taxes to get it.
- You need to pay for something you bought online before they send it.
- A friend or relative is in trouble and needs your help.
- You got a check for too much money and you need to send back the extra.
These are not good reasons to wire money. You should never wire money to someone you do not know.Learn More
F&M Security Tip: Neither government agencies nor legitimate businesses will ever ask you to pay by wiring money. If someone insists you pay by wiring money, it’s a scam.
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