Can money control you

Financial Agents: Beware of quick, easy money

How do the scammers recruit their victims?

Due to media coverage, warnings from the police and banks, and the convictions of financial agents that have now taken place, the criminals have difficulties in recruiting an adequate number of financial agents.

Therefore, the perpetrators intervene constantly to new methods. The financial transactions almost always follow the same basic pattern, but the legends used to explain them vary:


Amounts allegedly mistakenly transferred to private accounts

The criminals transfer funds that they have stolen to an account holder, who thereby involved in the illegal machinations without his knowledge becomes. This amount is reclaimed from the perpetrators under a pretext (e.g. money was transferred to the wrong account by mistake, but was intended for a friend abroad), whereby the account holder abused as a financial agent is allowed to keep part of the money for the inconvenience caused. The remittance should not go to the original account, but to another account, often abroad. There the trail is lost.


Pretending to be an employment relationship

A company searches on its website "Representatives and Managers" for "Payment Processing" and / or "Goods Movement". Interested parties are asked to apply by email. After a few days, the applicant will be sent an employment contract that will give the To give an official appearance to fraud and who even confirms that the account is only used for serious and legal transactions. After the applicant has signed as a new "employee", funds from alleged customers of the company are received in his private account. The “employee” should transfer these amounts of money to accounts abroad.

One variant is that the “employee” should buy so-called “vouchers” from the money received at the appropriate sales outlets. These are PIN codes that can be used as electronic means of payment on the Internet or exchanged for money. The “employee” should forward these PINs to the e-mail address of his “employer”.


Account opening by financial agents for alleged internet mail order business

Disguised as a part-time job to which one could apply based on an online job advertisement, interested parties should open an account. Then all they have to do is do that Forward account details to the part-time job company and continue to transfer incoming funds. These financial agent recruited accounts are called Receiving accounts specified for fraudulent online shopswho advertise high-quality electronic devices such as i-Pods or game consoles on websites with “unbeatable prices”. The financial agent is used as a front man. The incoming amounts of money (after deducting a “commission” of five to ten percent) are transferred to a foreign account.


Pretending to be looking for a partner

On dating sites on the Internet, the scammers look for victims for them Forward funds via your own account should. Once a trustworthy contact has been established, the fraudsters ask the victim to make their account available for a transaction for various reasons (e.g. because all papers and account documents have been stolen) or to transfer incoming amounts of money. How to become an account holder unknowingly misused as a financial agente.g. to pay flight costs, to solve an emergency in the family etc. In fact, the amounts come from criminal acts and should be "laundered" in this way.


"Goods agents"

People are recruited through the internet their account available for transferring funds with which they can buy high-quality goods (e.g. TV, computers, mobile phones) and send them to certain addresses that are communicated to them for a commission. However, the transferred amounts are money from criminal acts.


Personal contact

While in the recruitment practices described so far, the communication between the provider and the customer took place via e-mail, the perpetrators are now also switching to financial agents personally to contact. Become people addressed on the street or in public institutions and they are presented with a problem related to a transfer abroad. The addressee is then asked to arrange for a transfer (of incriminated funds) in return for a reward in the form of a sum of money.

Especially People with a migration background are addressed by compatriots and asked to make her account available for the transfer of funds - e.g. for a sick relative abroad. The correspondence often takes place in the mother tongue, whereby it is always emphasized that one helps one another “among compatriots”.