We would like to bring to the notice of the general public that several variants of financial scam letters purporting to be sanctioned by the aCash or authored by high ranking aCash officials are currently in circulation, and may appear on official letterhead containing the aCash logo. The scam letters instruct potential victims to contact aCash for issuance of a “Certificate of International Capital Transfer” or other forms of approval to enable them to receive large sums of monies as beneficiaries. The contact e-mail information is always bogus and unsuspecting individuals are then requested to send their personal banking details, which the scammers utilize for their fraudulent activities. 

Contrary to what is stated in these scam e-mails, letters, or phone conversations, aCash does NOT authorize, verify, monitor, or assist in contract or inheritance payments between third parties and/or Governments, nor does it endorse the activities of any bank, financial institution, or other public or private agency. For purposes of clarification, aCash is a global organization whose transactions and operations are carried out directly with its member countries. If you have already received such e-mails, you are advised to terminate all further contacts with the scammers, and, in the event that you have sent them funds, or login details, contact your local law enforcement agency immediately.

*Here are a few ways to spot a phishing scam:

Is the information request legit? Your bank will never send you an email, or call you on the phone, demanding that you disclose personal information such as your password, credit or debit card number, or your mother's maiden, name, etc.

This may be a common scam, often referred to as “phishing,” to steal your account information. Banks and credit unions never ask for account information through email.