The Royal Cayman Islands Police Service officials said staff and management at MoneyGram on Shedden Road prevented a customer from sending $850 to Africa in what police determined was a scam.
Officers from the Financial Crime Unit were called to the money transfer company after a woman informed MoneyGram staff she wanted to send the cash to Nigeria.
The company has a system where transfers to countries that regularly feature on scam warning lists throw up a red flag.
Detectives found that the woman was sending the cash in order to receive a 40,000 loan from a bogus company. The woman was assured that once she had sent her cash the loan would never be forthcoming and she would not hear from the company again.
‘Scam artists are continually coming up with new ways to target consumers,’ said
Detective Constable Sherry Francella. ‘It’s really good to see companies being aware of these issues and doing what they can to protect their customers.’