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Internet Fraud Scams

Internet Fraud Scams . What they are and how to protect yourself. What are They?. Proof that a fool and his/her money is soon parted. How is it done?. A request for personal information: With the promise of a great deal. With a promise to fix your credit or stop a credit issue.

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Internet Fraud Scams

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  1. Internet Fraud Scams What they are and how to protect yourself.

  2. What are They? • Proof that a fool and his/her money is soon parted.

  3. How is it done? • A request for personal information: • With the promise of a great deal. • With a promise to fix your credit or stop a credit issue. • A request to cash checks or transfer funds: • I’m a recent widow /a woman in need and require your help. • I have invested in a company that made lots of money and have no way to convert it. • I have to give the government cash in order get an inheritance that is due to me. FEAR GREED

  4. Examples • Investigation disclosed that unknown person(s), by unknown means, obtained access to victims’ bank account and completed 47 unauthorized ATM transactions in Mexico and Romania where the victim had never been. ECOL is $2,651.66 (USD).

  5. Examples • Investigation revealed that person(s) unknown, by use of the internet, scammed victim out of $3,100 (USD) through a Nigerian fraud scam. Victim answered a fraudulent internet employment add which hired him and sent him counterfeit travelers checks, which he cashed for $5000. He was instructed to keep a percentage of the money and wire the rest ($3,100.00), to the unknown person in Nigeria, which he did via Western Union, prior to finding out the checks were fraudulent. ECOL IS $3,100.00.

  6. Examples • Investigation revealed person(s) unknown, by means of a fraudulent Nigerian scheme, committed the offense of larceny of private property and fraud when they defrauded victim out of $10,000 (USD). Victim was contacted via internet by what he believed was a woman interested in pursuing a relationship with him. The subject(s) then requested he exchange traveler's checks for U.S. Currency, then send the currency to them located in Nigeria under the pretense that the money would be used to obtain an inheritance and purchase a plane ticket to come and visit. The subject(s) then supplied victim with $20,500 worth of counterfeit traveler's checks via mail, of which victim subsequently cashed for $10,000. Victim then wired $9,000 via western union to the Nigerian address supplied by the subject(s). Victim paid a processing fee of $540 which resulted in a total loss of $9,540.

  7. How to protect yourself. • If you get an email like that: • DELETE IT!!! I know that it sounds real sincere and they even sent a picture of themselves. Why would they lie about that; Yeah right!?!?! • Do not give them any personal information or even respond to it. • But what if you really feel that you need to do something it? • If a banking institution is named, forward the email to that institution and ask them if it is legitimate. • Get some answers about scams at these links: • http://ask.yahoo.com/20040702.html • http://www.ftc.gov/bcp/conline/pubs/online/inbox.shtm

  8. Remember!!! • You are not CSI Home PC so don’t try to your own ‘sting operation’. You’ll get burned!!!!

  9. Questions?

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