WebMay 21, 2024 · As a business owner, if you encounter an overpayment situation, do not pay any money back to a customer. You might be involving yourself in money laundering, which is a serious crime. You should know that no legitimate customer would be in a hurry to demand a refund from excess payment for items. In an event, a customer mandates you … WebOverpayment scam. The fraudster sends the victim a check that appears to be valid as payment for a service or product. ... Services may be provided by Western Union Financial …
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WebJan 4, 2024 · While there are times when you’ll need to pay back an accidental refund, the IRS will let you know by mail and will accept multiple payment methods. 11. Offer in Compromise (OIC) scams. How it works: Offer in Compromise is a legitimate program by the IRS to help those struggling to pay tax debt. WebOverpayment scam via wire transfer? International customer wired about twice the amount of the invoice and is asking for refund of the overpayment. I'm familiar with overpayment scams, but the payment is legit and has cleared into the business account. It looks like a classic overpayment but they wired the money to us, so what am I missing? long john silvers customer complaints
How To Spot, Avoid, and Report Fake Check Scams
WebHow the scam works. pays you by cheque, money order or credit card for far more than the agreed price. then asks you to refund the overpayment. They may ask you to return the … WebAug 19, 2024 · 1. Advanced fee scam. One scam PayPal users should be wary of is more commonly known as Advanced Fee Fraud. This type of fraud, of which the infamous “ Nigerian Prince” or 419 scams fall into, are designed to trick victims into sending a comparatively small amount of money with the promise of a much larger return. WebOct 1, 2024 · 2. Never Forward Money to a Third-Party. If a customer asks you to forward part of their payment to a third-party because they overpaid for a purchase, it's best to decline the whole transaction and refund the money directly to the customer using the same payment method and details as the original transaction. 3. hoover trails