What's... Scam ?
Friday, 10. November 2006, 22:08:54
What's... Scam ?

Scams are very similar to phishing, but are not usually interested in obtaining your details, they often appeal to a sense of compassion or to human greed. For instance, almost every disaster (earthquake, flood, war, famine) has generated large amounts of scams, usually in the form of appeals for charitable aid for a 'worthy' cause.
Advanced Fee Frauds (sometimes called 419 scams) offer you the opportunity to get a large amount of money by supposedly helping the scammer to transfer even larger sums of money out of a country (often an African country such as Nigeria). These scams always result in you being asked to send the scammer some money to cover "administration" costs (often this is several thousands of dollars). Sometimes, these scams have resulted in the person being scammed disappearing, either killed or kidnapped after travelling to another country to meet their 'benefactor'. In less extreme cases, many people have lost thousands and thousands of dollars to these frauds. Some tips for avoiding such scams:
Scambusters, see: http://www.scambusters.org/ , Hoax Busters on Scams, see: http://hoaxbusters.ciac.org/HBScams.shtml.