Sweepstakes/lottery scams use the promise of big money payouts to defraud unsuspecting victims out of large sums of money. Lloyd’s is aware that members of the public may receive telephone calls and/or correspondence telling them they have won a sweepstakes/lottery prize and that to collect the prize they must first pay a premium, often by wire transfer, for alleged Lloyd’s insurance on the delivery of the prize.
Anyone receiving such a communication should not send any payments or enter into correspondence. Lloyd’s and/or interested underwriters at Lloyd’s would never contact any person directly asking them to pay a premium to collect any
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