Moneybookers Scam Exposed: What You Need to Know

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Moneybookers, now known as Skrill, was a popular online payment service that allowed users to send and receive money globally.

It was acquired by Skrill Group in 2007, and since then, it has undergone significant changes.

In 2010, Moneybookers faced a major security breach, compromising the personal and financial information of its users.

This incident led to a class-action lawsuit against the company, which was eventually settled out of court.

If this caught your attention, see: Moneybookers Payment Gateway

How to Identify a Scam

If an online deal looks too good to be true, think twice and double-check things. This is because scammers know how to take advantage of enticing deals.

A great deal can be very tempting, but be wary of prices that are significantly lower than what you'd find on trusted websites.

Checking out the same product at competing websites is a simple way to verify if the deal is legitimate. If the difference in prices is huge, it might be better to double-check the rest of the website.

Scammers often insert fake social media logos on their websites to make them appear legitimate. Scratching beneath the surface often reveals this as a scam.

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Mb International Scam

An elderly man sits at a table with a smartphone and credit card, making an online purchase.
Credit: pexels.com, An elderly man sits at a table with a smartphone and credit card, making an online purchase.

The Mb International Scam is a real issue, as evidenced by Emer's experience in 2008. She was charged three transactions from an unknown company called mb*moneybookers.com, totaling 18.37.

Emer contacted her bank, Bank of Ireland, and cancelled her cards, but they were unhelpful, telling her "nothing can be done" and to contact the merchant. This is a common response from banks, but it's not always the end of the story.

Emer had already researched the company and found that it was involved in an international scam. She was not impressed with the bank's response and planned to revisit the issue. If you're in a similar situation, don't be afraid to push for more action from your bank.

Here are some key facts about the Mb International Scam:

  • Emer was charged three transactions from mb*moneybookers.com, totaling 18.37.
  • She contacted her bank and cancelled her cards, but they were unhelpful.
  • The bank told her to contact the merchant, which is often the response from banks in these situations.
  • Emer had already researched the company and found that it was involved in an international scam.

Frequently Asked Questions

Is Skrill the same as Moneybookers?

Skrill was previously known as Moneybookers, but they are now two separate entities. Skrill was rebranded in 2011 after Moneybookers changed its name.

Wilbur Huels

Senior Writer

Here is a 100-word author bio for Wilbur Huels: Wilbur Huels is a seasoned writer with a keen interest in finance and investing. With a strong background in research and analysis, he brings a unique perspective to his writing, making complex topics accessible to a wide range of readers. His articles have been featured in various publications, covering topics such as investment funds and their role in shaping the global financial landscape.

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