Minnesota Commerce Department Warns About Fake Insurance Agency That Promotes ‘Reshipping’ Scam
Minnesota Commerce Commissioner
In the past week, the
The problem?
There is no insurance business licensed in
The scam?
It is known as "reshipping" and often shows up as a "work from home" opportunity posted on job boards, dating websites or chat rooms. In reality, it is an attempt to lure unsuspecting individuals to participate in a large-scale fraud scheme.
Criminals use stolen credit cards to buy high-priced goods online and have them sent to the
Sometimes the scam also involves the victim getting a fake certified or regular check to deposit in their own bank account. They are instructed to use some of it for postage but wire transfer most of it elsewhere. When the bank determines the check is counterfeit or part of a crime, the victim may end up responsible for the full amount of the check along with any bank fees.
A recent study suggests that some 1.6 million credit and debit cards are used to commit at least
The
Don't accept or mail suspicious packages. No legitimate business should ask you to accept packages at your address and forward them someplace else, especially a foreign address.
Protect your money. Be suspicious if you are asked to make any upfront payments, transfer money from your bank account or wire transfer money for the "employer."
Safeguard your information. Don't give out any sensitive personal or financial information that the scammers can exploit. Even if they are not reshipping operators, they may be identity thieves.
Do some research. Simply looking at the company's website may not be enough because reshipping operators often set up websites that can look legitimate. Check out the company with the
If it sounds too good to be true, it probably is. An offer to pay
Commerce is here to help
If you have a question or concern about a possible scam, contact the
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