Advance fee fraud definition

Search

advance fee fraud

advance fee fraud logo #21466A form of financial fraud involving the payment of fees to intermediaries who promise to advance substantial sums of money. The fees, which are often small in proportion to the sums offered, are paid in advance of the transaction being completed. The victim usually never receives the sum promised.
Found on https://www.encyclo.co.uk/local/21466
No exact match found.