Cool, I Got an Interac eTransfer! Not From a “Nigerian​ Prince” Though!.

If only I can count the number of times a “Nigerian” Prince wanted to give me my share of his fortune or the number of times I “won” the lottery of a few hundred million dollars, and how can I forget the people who need my money to release a large shipment of gold and my humble cut will be in the hundreds of millions of dollars! Here’s an example of yet another scam that was sent to me. Did I make a mistake for not sending him the $950USD :(

Thank you Honorable Buchi John from the Foreign Debt Reconciliation Panel for reaching out but I don’t think my bank can handle the $65,000,000 USD being deposited into my account. Care to deliver them in cash?!

Fast forward a few years (or months because scammers are getting better and better by the day) scammers are getting into the game of eTransfers. The Interac eTransfer is an amazing service. We can move money now faster than ever before and businesses are using it to pay or get paid faster than cheque by the good’ol snail mail! I mean why bother use regular mail when paying your bills is associated with an additional cost of sending the payment, even if the cost is negligible. The problem is, the more popular a payment method becomes, the more scammers it attracts. They’ve done it all! PayPal scams, cheque by mail scams and everything you can think of including eTransfer scams.

I am writing this article to help spread awareness about this issue. Many of you already know how to spot such threats which is awesome! This article is to help people who sometimes have the urge to reply or accept the “eTransfer” – please don’t!

Here’s a sample of an “eTransfer” that I got this morning (April 8th, 2019). Not all eTransfer scam emails are the same – but the majority share the fact the bank links are malicious.