Wire Transfer Fraud

Scammers pressure victims into wiring money — often posing as a bank, government agency, or distressed family member — because wire transfers are nearly impossible to reverse once sent. Victims are typically told the transfer is urgent and must be kept secret.

Warning Signs

Someone demands immediate payment by wire transfer, especially to an overseas account.
The request comes with a story creating urgency — a family emergency, an overdue fine, or a "limited-time" investment opportunity.
You are told NOT to discuss the transfer with your bank, family, or friends.
The instructions come from someone you only know online or recently met by phone.
You are asked to wire funds in multiple smaller amounts to avoid detection.

Immediate Steps

Do NOT initiate or complete the wire transfer. Hang up or stop all communication immediately.
Contact your bank right away if a transfer has already been sent — some banks can issue a recall within hours.
Do not call any phone numbers the scammer provided; look up your bank's official number independently.
Alert a trusted family member or friend before taking any financial action.
Report the incident to the FTC and your local police department.

Report & Get Help

AARP Fraud Helpline (free, confidential): 1-877-908-3360