Online users, beware of emails like the one below with the subject "EU Monetary Compensation Funds," which claims that the recipients are approved to receive thousands of dollars from the European Union Compensation Board. This is because the emails are scams that are being sent by scammers to their potential victims. Recipients of the fake email messages should not respond to them or follow the instructions in them. Remember, every month, scammers send out thousands of scamming email messages in an attempt to trick recipients into thinking they have won the lottery, or have received money from an organization or an individual.
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Sample of the "EU Monetary Compensation Funds" Scam
From: EU Compensation Funds <info@mail.com>
Date: Thu, Sep 28, 2017 at 4:41 PM
Subject: Approved Compensation @!
To: Recipients <info@mail.com>
Greetings,
We are please to inform you that you have been selected for Monetary Compensation of four Million Five Hundred Thousand Euros (€4,500,000.00 ) from The EUROPEAN UNION COMPENSATION BOARD, Through the European Union Economic and Financial Directorate (Mr.Marco Buti).
It Is a compensation funds for Lucky Beneficiaries through email balloting system and for World Scam victims.
Reply for more details to file your compensation,;
Contact Email: jw0993@hotmail.com
Potential victims who respond to the email scams will be asked by the scammers to send hundreds or thousands of dollars, which the scammers will claim are for taxes and other fees that the potential victims must pay in order for them to receive their so-called compensation or money. But, once the scammers receive the money sent by their victims, they will disappear, leaving the victims disappointed, frustrated and thousands of dollars poorer.
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