Advance-Fee Fraud

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August 31, 2024 3 min read Definitions
Advance-Fee Fraud: Any Scam That Requires the Victim to Pay Money Upfront in Anticipation of Greater Financial Reward
Finance Fraud Advance-Fee Fraud Scams Financial Crime Internet Fraud Fraud Prevention
Advance-Fee Fraud is a type of scam where victims are tricked into paying a fee upfront with the promise of a larger financial incentive later. This entry covers the definition, types, examples, historical context, and prevention measures.
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