Inheritance Scams

In the past, regular mail users were receiving mails related to inheritance and escalated these scams to authorities concerned. Scammers will disguise themselves as lawyers or attorneys and send a mail stating that a rich person who owns million dollar estate has died recently without writing will and the government has decided to disburse the money to the public immediately. They will further state that "anyone who is willing to receive the amount should provide their account details such as account number, pin and password for transferring the fund to their respective accounts". Innocent victim will share these particulars to the scammers and will lose their money quickly. Scams related to inherited checks are somewhat closely related to these types of scams. Scammer will pose himself as a bank executive and send a mail stating that the bank is planning to clear an unclaimed check for an amount of several million dollars and disburse it to the common people through lucky draw system and those who wish to receive the amount should provide their account number, banking password and pin. People those are receiving these mails will believe this message and reciprocate with their details. After receiving the mails the scammers will siphon off the money from the people's account. Scams related to inheritance letter are also making the rounds everywhere.

Inheritance scams involve deceptive schemes where individuals are falsely led to believe they are entitled to a substantial inheritance. Typically initiated through emails, letters, or phone calls, scammers claim to represent the estate of a deceased relative or unknown benefactor. Victims are informed of an unexpected inheritance but are required to pay upfront fees, such as legal costs or taxes, to facilitate the transfer. These scams often employ pressure tactics, urging quick action to prevent victims from verifying the legitimacy of the claim. To avoid falling victim, individuals should independently verify inheritance claims, consult legal professionals, be skeptical of upfront payments, confirm the identities of those involved, and stay informed about common scam tactics. Reporting any suspected inheritance scams to authorities is crucial in preventing further financial loss or identity theft.

Scammers will pose themselves as bank officials and write an imaginary letter which will look extremely formal and error free and send it to several mail ids. Contents of the letter will be like this "A rich person who has deposited multi-million dollars in the bank has died suddenly without writing a will and the court has decided to disburse the money to the people who are in distress and poverty and the common man who is in deep financial trouble should provide their banking details for transferring the amount". Recipients of the mail will think it is a formal letter and reply to the mails providing their banking details. Criminals who are sitting on the other side will siphon off the money quickly. Scammers will create a copy of the bogus inheritance format which will look like original bank deposit certificates and dispatch it to several people through mail. Many people who read the format will feel it is an original one and will provide their banking details. So public should never reply to these strangers and should also never provide their personal and financial details to them.

Inheritance scams are deceptive schemes in which individuals are targeted with false promises of substantial inheritances. Typically initiated through emails, letters, or phone calls, scammers pose as lawyers, estate representatives, or officials handling the affairs of a deceased person. Victims are informed of an unexpected inheritance, often from a fictitious distant relative or unknown benefactor, and are instructed to pay upfront fees such as legal costs, taxes, or administrative charges to facilitate the release of the supposed inheritance. Employing pressure tactics and creating a sense of urgency, scammers aim to prevent victims from independently verifying the legitimacy of the claim. In reality, there is no inheritance, and once the victim pays the upfront fees, the scammers vanish. To avoid falling victim to inheritance scams, individuals should independently verify any inheritance claims through legal channels, consult professionals, exercise skepticism regarding upfront payments, confirm the identities of those involved, and stay informed about common scam tactics. Reporting suspected inheritance scams to authorities is crucial to preventing further financial loss and identity theft.