Advanced Fee Scheme

An Advanced Fee Scheme is a type of fraudulent scheme where a perpetrator promises a large financial return but requires an upfront payment to start the process. Victims are often lured in by attractive offers, such as loans, investment opportunities, or lottery winnings. After paying the initial fee, victims are usually asked for more money or receive nothing in return. It's a common scam seen in various forms, often online, and highlights the importance of being cautious and thoroughly researching any financial opportunities before making payments.