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What To Do if You Think You Have Been The Victim of a Business Deal Scam

Business Deal and Money Scams - What To Do If You Receive a Business Partner Scam Email

Back to the "How to Recognize a Fake Business Deal Scam" page

The Bottom Line: What to Know

If you receive an unsolicited email looking for a business partner:

don't respond to the emails
don't EVER send any money, by ANY method
don't reveal your full identity
don't reveal any financial or personal information, such as your bank account number or credit card details
don't agree to meet with them

U.S. Federal postal law enforcement authorities are intercepting and destroying millions of foreign mailings sent or delivered by the truckload into the U.S. Emails which are sent electronically are impossible, at present, for authorities to block. And consumers, lured by prospects of instant wealth, are responding to the solicitations that do get through-to the tune of $120 million a year, according to the U.S. Postal Inspection Service.

The Federal Trade Commission says most requests for unsolicited foreign business deals are likely to be phony.

The FTC has these words of caution for consumers who are thinking about responding to a foreign lottery:

If you play a foreign lottery-through the mail or over the telephone-you're violating U.S. federal law, so don't expect any help from the government.
There are no secret systems for winning foreign lotteries. Your chances of winning more than the cost of your tickets are slim to none.
If you purchase one foreign lottery ticket, expect many more bogus offers for lottery or investment "opportunities." Your name will be placed on "sucker lists" that fraudulent telemarketers buy and sell.
Keep your credit card and bank account numbers to yourself. Scam artists often ask for them during an unsolicited sales pitch.
If you receive a letter saying you've won, when you haven't entered a lottery; it IS a fraud - count on it!

The bottom line, according to the FTC: Ignore all mail and phone solicitations for foreign lottery promotions. If you receive what looks like lottery material from a foreign country, give it to your local postmaster.

To report telemarketing fraud of any kind, contact your state Attorney General.

The FTC works for the consumer to prevent fraudulent, deceptive and unfair business practices in the marketplace and to provide information to help consumers spot, stop and avoid them. r to get free information on consumer issues, visit www.ftc.gov or call toll-free, 1-877-FTC-HELP (1-877-382-4357); TTY: 1-866-653-4261. The FTC enters Internet, telemarketing, identity theft and other fraud-related complaints into Consumer Sentinel, a secure, online database available to hundreds of civil and criminal law enforcement agencies in the U.S. and abroad.

Sweepstakes offered via e-mail, like other commercial e-mail solicitations, must comply with the CAN-SPAM Act, effective January 1, 2004. This federal law mandates, among other things, that subject lines be honest and consumers can easily opt-out of receiving additional e-mails. (For more information on CAN-SPAM)

And for additional useful government websites:

IMPORTANT: Which FTC Complaint Form to Use?

Click here to file a FTC Fraud Reporting about a lottery scam
See sample scam emails here
If you want to file a complaint about a violation of National Do Not Call Registry or register your telephone number on the Registry, click here
If you want to file a report about Identity Theft, please use the FTC's Identity Theft Complaint Form.
If you have a specific complaint about unsolicited commercial e-mail (spam), use the form below. You can forward spam directly to the Commission at SPAM@UCE.GOV without using the complaint form.
If you want to file a complaint about an online transaction that involves a foreign company, please click here to use the econsumer.gov complaint form.
Below is a list of many known lottery scams. Many originate in London, but they may use any address. Similarly, they change their names frequently. Recognize a scam not merely by it's name and location, but simply by the practice described above. And remember:
If it sounds too good to be true: IT IS!!!!

Legitimate Lotteries

Legitimate lotteries in most countries, like NZ (eg, Lotto) have to be licensed to operate NONE of them use email to notify winners, and almost none of them operate via the internet.