May 25, 2018
Learn how to avoid common financial scams.
Recently I got an email offer to buy a domaine name for $55,000. It was from a Japanese business who said they had a healthy budget to spend and what price did I want?
A second email specified how the transaction would take place and mentioned a German escrow account. They mentioned a 5% commission paid for by both parties. They wanted me to pay to them (5% of $55k = $2,750). I don't think so! What a scam.
I also heard a scam involving German escrow accounts was going around.
I saw there were more scams happening that I wanted to warn you about. There’s a common one with real estate.
I have an article to share with you about it:
https://www.cnbc.com/2017/10/19/scammers-are-conning-home-buyers-out-of-their-down-payment.html
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