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Home ScamsAdvance Fee Scams ‘Compensation and Finance House’ Advance Fee Scam

‘Compensation and Finance House’ Advance Fee Scam

by Brett M. Christensen

Supposedly, this email comes from the head office of an organization called the Compensation and Finance House.

It claims that, by contacting an agent of the Finance House, you can arrange for the delivery of an ‘international certified bank draft ‘ valued at £10 million.

Ostensibly, this money is compensation for a previous UK Online Lotto win that was not successfully claimed. 
But, alas, the email is just another advance fee scam designed to steal your money and personal information.  There is no £10 million compensation fund and the email is not from any legitimate entity.

Such ruses are often aimed at people who have lost money in previous advance fee scam attempts. Desperate victims may believe that, via this supposed Compensation and Finance House, they will finally receive the payout they have been waiting for.

In reality, both this and the original UK Online Lotto messages are different versions of the same scam.

You can read more information about advance fee scams here.

The text of the scam email reads:

CONGRATULATIONS !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

COMPENSATION AND FINANCE HOUSE HEAD OFFICE

Finance and Security House,

Due to your effort, sincerity, courage and trust worthiness you showed at the course of the Uk Online Lotto Winning cheque shipment to your location, I want to compensate you and show my gratitude to you with the sum of E10, million GBP I have authorized the finance house where I deposited the money to issue you international certified bank draft cashable at your bank.My dear winner,I will like you to contact the CEO in charge of the finance house for the collection of this international certified bank draft.

The name of the Person with your Cheque is MR KEVIN WILLIAMS
COMPENSATION AND FINANCE HOUSE HEAD OFFICE
CONTACT AGENT : MR KEVIN WILLIAMS
Email:oliverq724@gmail.com
Finance and Security House
United Kingdom Deposit Firm
FSH Towers
Chelsea T45H U.K.

At the moment, I am very busy at Sydney,Australia because of the investment projects which myself and my new partner Mr Peter Hills of CTL Company are
having at hand.Finally, remember that I have forwarded instruction to the MR KEVIN WILLIAMS at the finance house on your behalf to send the bank draft to you as soon as you contact him without delay.

Please I will like you to accept this token with good faith as this is from the bottom of my heart.Thanks and God bless you and your family.

My sincere advice to you as a christian is that you should endeavour to pay your tithe to a bible believing church when you get the money because
i noticed it as a fudiciary agent that you were skeptical about your winnings when you were been ask by the Uk lotto Agency Inc to file out a claim for your prize. And now the current policy of the Lotto organiser is that if an emerged winner fails to claim up his/her winning cheque of E10, million GBP, it’s now mandatory
that this fund can be remitted or forfeited to the fudiciary agent in charge of this winners file.

1. Full Names:
2. Residential Address:
3. Phone Number:
4. Fax Number:
5. Occupation:
6. Sex:
7. Age :
8. Nationality:
9. Present Country:

However, I want you to contact him immediately as soon as you receive this information because he is leaving for the US by the end of this month and this might cost a delayment for you to receive this draft.

Hope to hear from you soon.

Yours Faithfully
Compensator Officer



Importance Notice

After considerable thought and with an ache in my heart, I have decided that the time has come to close down the Hoax-Slayer website.

These days, the site does not generate enough revenue to cover expenses, and I do not have the financial resources to sustain it going forward.

Moreover, I now work long hours in a full-time and physically taxing job, so maintaining and managing the website and publishing new material has become difficult for me.

And finally, after 18 years of writing about scams and hoaxes, I feel that it is time for me to take my fingers off the keyboard and focus on other projects and pastimes.

When I first started Hoax-Slayer, I never dreamed that I would still be working on the project all these years later or that it would become such an important part of my life. It's been a fantastic and engaging experience and one that I will always treasure.

I hope that my work over the years has helped to make the Internet a little safer and thwarted the activities of at least a few scammers and malicious pranksters.

A Big Thank You

I would also like to thank all of those wonderful people who have supported the project by sharing information from the site, contributing examples of scams and hoaxes, offering suggestions, donating funds, or helping behind the scenes.

I would especially like to thank David White for his tireless contribution to the Hoax-Slayer Facebook Page over many years. David's support has been invaluable, and I can not thank him enough.

Closing Date

Hoax-Slayer will still be around for a few weeks while I wind things down. The site will go offline on May 31, 2021. While I will not be publishing any new posts, you can still access existing material on the site until the date of closure.

Thank you, one and all!

Brett Christensen,
Hoax-Slayer