Lionheart Group

Lionheart Group

One of the most prevalent money order scams starts in the form of an email or a phone call.  In this type of scam, the future recipient is asked to collect a money order on someone’s behalf because the money order is cashable only in the recipient’s country. The initiator of such scam will ask you to wire the funds to him after cashing the money order. Once recipient sends the money of the inherent value of the money order to the sender, the hook is set. The bank will catch the phony money order, reject the funds, put a hold on the bank account and the money order recipient is then out the money.

Another such mail order scam can occur when selling person to person via an online auction site. In this scam, the buyer sends a money order that is more than the purchase price of the goods sold. The additional money is to be remitted back to the owner of the money order. As usual, after remittance, the product seller discovers that the money order is not legitimate. In this scenario, the seller loses both the value of the products sold plus any extra transfer of funds made.

How to avoid falling prey to online money order scams?

1. Before you are willing to send any funds to a person following an online transaction, ensure that the check you deposit clears the bank and is legitimate, which can take 10 days or longer.

2. Take the money order to a bank for cashing prior to sending products out to ensure the money order is for real. Your local bank is the first line of defense for catching these sorts of scam.

3. Don’t send any money to anonymous organizations even if they are sending you emails that you have won money in a lottery scheme.

4. If you receive a money order request or what appears to be a scheme from out of the country, then just simply ignore the email and delete it. Don’t entertain the request.

To get the latest information on the most common scams and how to prevent them, visit the Lionheart Group blog or checkout the other videos on YouTube.

The Lionheart Group is a professional organization dedicated to the advancement of truth in media and other online communications. In today’s age of information, Americans are increasingly bombarded with digital messages on a daily basis. Many of these communications are designed to take advantage of people financially, politically, emotionally and technologically. Some are just designed to waste people’s time and create general mischief. At The Lionheart Group, we say enough is enough. With our expository blogs, articles and informational series, we shine the light of truth on lies, distortions, scams, cons and deceptions for the benefit of truth seekers across America. Our well-researched responses to today’s most prevalent mis-information campaigns offer hard hitting facts you won’t find in most online media outlets. If you’re tired of the endless onslaught of manipulative half-truths and outright lies that have become so pervasive in today’s digital media, you will benefit from The Lionheart Group’s message.