Advanced fee fraud is a type of scam where someone tricks you into paying money upfront with the promise of a bigger reward later. Fraudsters typically ask for payment before you get anything in return. Here's how it works and how you can protect yourself.

How the Scam Works:

• An Exciting Offer: You might receive an email, phone call, or letter claiming you’ve won a prize, inherited money, or been offered a great business opportunity.
• Upfront Payment: To claim your "reward," the scammer asks you to pay a fee—this could be for "processing," "taxes," or even "legal" reasons. They promise once you pay, you'll get your prize or funds.
• No Reward: Once you pay the fee, the scammer disappears, and you never receive the prize, money, or opportunity. Your money is gone, and the offer was fake.

How to Spot a Scam:

• Too Good to Be True: Be cautious if an offer seems too good. Scammers often promise large sums of money or high rewards to lure you in.
• Pressure to Pay: Scammers push you to act quickly, creating a sense of urgency. Take your time and don’t be rushed.
• Upfront Fees: Legitimate businesses and organizations won’t ask for money before delivering what they’ve promised.

Protect Yourself:

• Never send money or give out personal information to claim a prize, inheritance, or other unexpected offers.
• Do your research and verify the source of any offer before responding.
• If something feels off or you suspect a scam, walk away.

Remember, if someone asks you to pay money before receiving something in return, it’s likely a scam.