The Internet makes it easier to accomplish many things -- banking, research, travel, and shopping are all at our virtual fingertips. And just as the Internet makes it easier for legitmate pursuits, it also makes it easier for scammers, con artists, and other online miscreants to carry out their virtual crimes- - impacting our real life finances, security, and peace of mind. Online scams are constantly evolving, but here are the most common ones today.
Nigerian 419 scams (aka Advanced Fee Fraud) date back to the days when fax machines and snail mail were the primary business communication tools. Today, email is the preferred method of these scammers and there are more Nigerian 419 Advanced Fee Fraud scams - and victims - than ever before.
The shopper-needed scam sends the 'new hire' a check for a few hundred dollars, instructing them to cash the check and take their portion, then forward on the remaining funds to the "employer". Of course, the check is bogus, it will bounce eventually, and you - the victim - will be liable for the funds you spent from the check, plus the amount you forwarded on, plus any service fees or fines that result.
The ad should read: Help Wanted to illegally launder money on behalf of criminals. But it doesn't. Instead it couches the crime in soft terms like 'payment processing' and 'reshipping transactions'. Don't be fooled - victims not only find themselves engaged in illegal activity, but they will also be on the legal hook for the entire amount transferred and any fees that result.
Lottery winner scams attempt to trick recipients into believing they have won large sums of cash, and then bilks them out of their own dough in a similar fashion to the Nigerian 419 scam.
Scams, in general, are the new malware delivery method. Social engineering is the norm. Falsifying a link is the hallmark of phishing scams, seeded downloader Trojans, and other web-based malware. And it's all trivially easy to do, using basic HTML.
Imagine opening your email inbox and reading a message from an alleged assassin - claiming you're the target. It sounds like something out of a horror movie, but it's been happening in real life to hundreds of people. The gist of the email - pay the hitman thousands of dollars, or die.
10. Scareware Scams
Scareware erroneously claims the system is infected and instructs the user to purchase a 'full version' in order to clean the bogus infections. Sometimes, fake antivirus software gets installed by the user who fell victim to an advertising scam. Other times, a rogue antispyware scanner may be installed by exploit, a so called 'drive-by install'. Regardless of how the rogue software gets installed, the user is often left with a hijacked, crippled system. To avoid becoming a victim, before installing any software over the Internet search on the name of the product using your favorite search engine. Don't skip this step and you'll go along ways towards a safer online experience.