Wires are inherently risky. Once a wire is sent, including a fraudulent wire, the transfer CANNOT be reversed. When sending a wire, it is extremely important that you personally know who you are sending the funds to. If you do not know the person or company, the request may be fraudulent. Allow us to point out some of the usual fraud schemes and scams we have witnessed involving wires. While this is not an all-inclusive list, it will help you decide if the wire transfer YOU request is legitimate.