Misuse of FATF's name by fraudulent services requesting fees for the verification of the origin of funds

It has been brought to our attention that the name of FATF is being used for fraudulent purposes: people wishing to make international transfers of funds are allegedly asked by the FATF to pay fees for fictitious services, for example relating to verification of the origin of the funds. If the customer fails to pay the fees, the funds are blocked.   These scams may appear to use letterhead with the FATF logo, or contain the signatures of actual or fictitious senior FATF officials.  Sometimes they may include legitime website addresses to give a veneer of credibility to the scam. In some instances, the FATF has been made aware of fraudsters apparently using technology to make sender email or caller ID appear identical to the FATF’s official email or telephone number.   

Fraudsters go to great lengths to trick their victims, but it is important to note that the FATF does not provide any of the services they describe. The FATF is an intergovernmental agency, it does not contact members of the public by email, telephone or any other means about specific financial transactions, nor does it request fees or have the capacity to block any account.

The headquarters of FATF are located in Paris, France. FATF also operates a Training Institute in Busan, Korea. The FATF does not maintain any other regional office or employees.  

If you have received a communication from someone pretending to represent the FATF, we advise you to immediately terminate that contact.  If you have already paid them money, please contact your local law enforcement without delay.  In general, if you believe you have information on money laundering or other fraudulent activity, you should contact your local authorities, in particular the Police or Financial Intelligence Unit of your country.