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Watkins capital group !!

Discussion in 'Scam Alerts' started by Obi Wan Bakari, Aug 28, 2012.

  1. Obi Wan Bakari

    Obi Wan Bakari Private

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    Sorry if this is long winded
    im just trying to explain my situation and warn others because its happening to people!

    I applied for a job (account manager) with watkins capital group who are apparently a trading firm.
    They are scammers. The emails i received from them had few grammar errors. They asked for my bank details.
    Account number and sort code.
    I sent back my details and i was meant to receive a phone call from a manager discussing my training but did not receive a response.

    I waited patiently but got no response from them, only an email saying that i was meant to receive a phone call and start training on the 28th aug 2012.

    Whilst waiting i decided to google search "watkins capital group" and came across scam forum.

    There were other threads posted about the same situation from different people who applied for the same vacancy and received the same instructions and email details.

    After reading through i learned that this company "watkins capital group" use your account to transfer money.

    Here is a link to a thread on another scam warning website.

    http://www.scamwarners.com/forum/viewtopic.php?f=4&t=47117&p=121780#p121780

    Theres numerous posts about the same company and same situation from other people! Please read and ad "watkins capital group" to scam list!

    Im so pissed off! Cant believe this has happened to me!

    Be safe guys!
     
  2. RP1

    RP1 Corporal

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    Sorry for your woes , however I was of the opinion that all someone can do with your bank details is use them to put money in , not take it out ??
     
  3. Pharaoh

    Pharaoh Colonel

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    With enough information, scammers can attempt an electronic funds transfer. Another thing they can do is create fake checks with all the correct routing numbers.

    Here's your #1 warning sign - Why does any potential employer need your banking info? After you are hired, they may need some info to pay you by direct deposit, but before signing a contract, there's absolutely no reason for them to need this.
     
  4. FXCobra

    FXCobra Banned for uncivilized conduct

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    Stopped keeping huge money in my cards after hackers made a wide robbing of many peoples cards all over Europe some years ago.

    Now, I only keep small amounts of money in my master and visa cards, that I will use in short time to pay for products I wanna buy.
    And, when I wanna buy new things or deposit money to some of my accounts I add money to my cards and make the deposit in short time again.
    For withdrawal, I use Bank Wire Transfer because I feel it much safer best way, and electronic transfer between banks will not make from you a victim since those banks have good safety system and they are also responsible for the loss from frauds that might happen.
     
  5. RP1

    RP1 Corporal

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    That is exactly what I do . Ive only ever got around 10-20 euros on my visa , if I need to buy something I do a transfer from deposit account , which is immediate anyway .

    At least that way If I do get stung It wont be for very much .
     
  6. Pharaoh

    Pharaoh Colonel

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    If you've got pre-paid cards, it's a good idea to limit the amount of cash on them.

    In this case, Obi Wan didn't part with his credit card info. He gave his bank info.
     
  7. FXCobra

    FXCobra Banned for uncivilized conduct

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    Even if he provided them with his bank info(name, number, swift..) that do not help them to rob money from his account.
    Cards are very much easier to get robbed with its info when given but not with bank account info.

    Where are the banks system safety procedures in London(not any country)?:confused:
    If somebody is adding money into your bank account, there might not be any investigation(questions..) but when you are withdrawing money from the account, there must be strict rules and investigation.

    Sometimes when I forgot my bank savings book at my office or home, and wanna deposit money into my account in any of the banks I deal with, if the managers & employees don't know me blindly, could not had been able to deposit, so you imagine how it's for withdraw.

    Once, There was a new employee(his first day actually, his bad:D) at one of the banks, he refused to let me deposit money into my account in that bank without the savings book, had to talk to the manager to give him the green light.

    The same is done for electronic bank transfers, that's no play but very strict procedures.

    In between, it was impressive to see how recently some Big banks had signed with young employees(fresh graduates) to decrease expenses of older employees(children schools, universities cuts, you know..)
     
  8. Pharaoh

    Pharaoh Colonel

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    Yeah, ripping off a credit or debit card is easier, but it's a lot harder for a scam employer to ask about your credit card info.

    Trust me on this - if you give enough banking information, someone will find a way to extract money from your account.

    Think about it - you can pay by "e-check" over the phone or internet - all you have to give is that nice little string of numbers in the funny typeface on the bottom of your checks. Only a little more info than that is needed to order new checks from a check printer - if you can order checks using this info, someone else with the same info can create their own checks designed to take money out of YOUR account.

    This is why 419-style scammers always try to get banking info up front. Even if you don't ever send them a cent, if you provide too much information, they can write checks against your account once they are done trying other methods to get money out of you. Then you, the bank, and the police can all sit down figure out which checks are real and which are forgeries later.
     
  9. FXCobra

    FXCobra Banned for uncivilized conduct

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    Pharaoh, you have too much deep details and info into the robbers different styles, what's your Real Job in life?:confused:;)

    Not a problem, keep doing what you know best;) All my support:p:cool:
     
  10. Pharaoh

    Pharaoh Colonel

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    Bwahahaha!!! Officially, I'm a hamster smuggler. If I tell you what I really do, I'll have to kill you. :p

    In the meantime, enjoy my insights into the criminal mind. :)
     

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