People are being warned that fraudsters are pretending to be from MSN Money, offering an insurance service to help with property rentals. This is a scam – do not send any money or personal information.
Fraudsters have created at least one fake email address and a fake website that looks similar to the real MSN Money website. They are using the brand name ‘MSN Money’ as a way to trick people into sending them money. Money MSN insurance or RDP service does not exist.
How the MSN Money scam works
The scam so far has involved rental apartments in Norway, where fraudsters are advertising apartments on popular Norwegian websites such as finn.no. The fraudsters appear to be pretending to be UK soldiers who own apartments in Norway but have been posted to Afghanistan, which is why they are offering the apartment for rental.
The ‘seller’ tells the victim that a company called ‘Money MSN Insurance’ will collect a deposit, and arrange for a contract and keys to be sent.
As the ‘seller’ claims to be a soldier in Afghanistan, they tell the victim they must send a deposit before they can see the apartment.
In reality, the victim will never be offered the opportunity to view the apartment and will never speak to anyone in person or on the telephone and their money will be lost.
Statement from MSN Money:
THE "Money MSN insurance service" AND SIMILAR SYSTEMS DO NOT EXIST. THIS IS NOTHING TO DO WITH MSN MONEY, MICROSOFT OR FINN.NO. IT IS AN ATTEMPT TO DEFRAUD, NOTHING MORE. YOU ARE STRONGLY ADVISED TO DELETE THE EMAIL AND NOT TO ENTER INTO ANY COMMUNICATION WITH THE SENDER WHATSOEVER.
DO NOT SEND THEM ANY MONEY UNDER ANY CIRCUMSTANCES - YOU WILL NEVER SEE IT AGAIN, NOR THE KEYS TO AN APARTMENT.
Remember, if it looks too good to be true, it almost certainly is.
MSN Money and Microsoft are working to shut the fraudulent operation down. Anyone who has heard from someone offering this kind of scheme is being asked to forward all emails with additional information to [email protected]
Victims of the MSN Money scam
Anyone who has fallen victim to this scam is being urged to report it to Action Fraud.
Read more about the MSN Money scam on MSN’s website.
Please note: Action Fraud is not responsible for the content on external websites.
To report a fraud, call Action Fraud on 0300 123 2040 or use our online fraud reporting tool.