Home  Finance Articles  Discussion  Our Blog / Member Blogs           
SavingAdvice.com Logo Debt Reduction 101
Common sense tactics to reduce your debt
Teaching you to Save Money

Go Back   Personal Finance Forums > Financial Chit Chat > Personal Finance News, Articles & Blog Posts

Personal Finance News, Articles & Blog Posts Come across personal finance news, articles or blog posts that you really liked and want to share? Place them here.

Reply
 
LinkBack Thread Tools
  #1 (permalink)  
Old 12-13-2004, 06:41 AM
jeffrey's Avatar
jeffrey jeffrey is offline
Administrator
 
Join Date: Apr 2004
Posts: 4,531
Last Blog Entry: Forum Posting Issues - Access Denied
Points: 376270.80
Donate
Default "It's Me" Means Goodbye To Money In Japan

From reuters.co.uk

You might think that by now, most people would know better.

Japanese police and media have been warning the public for months about so-called "it's me" scams in which swindlers cheat victims out of money by phoning and posing as a relative who desperately needs cash to get out of a bind.

Despite the campaign, the victims -- often middle-aged or elderly women -- were duped out of more than 15 billion yen ($143 million) in the first 10 months of 2004, up from 4.3 billion ($41 million) for all of 2003, National Police Agency figures show.

"We keep telling people to be careful and still they are taken in," a police official said on Monday after the Agency set up a special task force to crack down on the scam.

"When someone gets a phone call like this in the midst of a peaceful life, they get upset and lose their presence of mind."

The scams typically begin with a call from a person claiming to be a son, daughter or other relative in need of money for such purposes as an out-of-court settlement after a traffic accident, to fund a girlfriend's abortion or to pay off a loan shark. The distraught family member is persuaded to send the funds to a designated bank account by electronic transfer...
Entire Story Here
Reply With Quote
Reply



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
The Falsehood of "Living Within Your Means" jeffrey Budgeting & Saving Money 22 03-26-2009 02:33 PM
Free cassette, "In Flesh" and "I am not Ashamed" by Skip Ryan. Kimmie628 Movies, CDs, DVDs 0 07-12-2006 08:53 AM
FREE "4-in-1 Interactive Clock" from "Lewis Dental" Kimmie628 Other Freebies 3 05-10-2006 10:46 AM
$3 Million "Z Grill" and "Inverted Jenny" Stamps Traded jeffrey Personal Finance News, Articles & Blog Posts 0 11-07-2005 08:44 AM
5 "Realistic" Ways to Save Money and Make Money moneyfolk Frugal Questions and Answers 3 09-11-2005 07:26 PM


All times are GMT -7. The time now is 07:51 AM.


Powered by vBulletin® Version 3.6.4
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.0.0 RC6 © 2006, Crawlability, Inc.
More Links Debt Consolidation Loans | Finance Options

About Us | Advertising | Privacy Policy | Link To Us | Resources | Webmasters | Media | Jobs | Site Map | Contact Us

Copyright ©2002-2009 SavingAdvice.com. All rights reserved.

Please read our Disclaimer

 

Other Resources
Bad Credit Loans
Private Student Loans
Payday Loans
Student Loans
Online Shopping
Dell Coupons
Credit Card Processing
Back to School
Apply Now for Personal Loans
Credit Score
Payday Loan
IVA
Free Credit Report
uk health insurance online
CD Interest Rates
IVA Advice

Partners
Debt Reduction
Blogging Away Debt
Budget Stretcher
DivaTribe
Thrifty Fun
Money Talk
Online Personal Budgeting
Budget Dial