[tjpaudio]

What I don't get about these scams is what is preventing them from working with the bank to reverse the fraudulent transfers? Sure I get that in these instances money is usually moving between the banking systems of two different countries, but just like we have extradition treaties, how is this not a thing?

[mrlala]

Well, the issue is I think specifically wire transfers are designed to NOT be reversible? I'm not saying they can't reverse in case of fraud (like this). But it's probably way more difficult because the money would have been IMMEDIATELY available in the fraudsters account, in which case they probably knew to move the money somewhere else immediately / withdraw it (in some regards, I'm not sure how you withdraw $200k cash).

Anyway- that's my guess why this is difficult to reverse.. if it was easy to reverse, both sides would be very suspicious of each other during a large transfer.