Horrid and Weird Scams
Have you ever been a victim of scams? If not here are some scams collection, that we may not be aware of. In our daily internet surfing, we might come across scammers who are waiting to prey on someone.
1) Ponzi Scheme /
Pyramiding Scams and Networking Scams
This is a kind of pyramid scam, where money collected from investors is used to provide a returnto the previous investors and is greater than the money that can be raised by new investors. Ponzi scheme always collapse.
Bernard Madoff, 72 years old, charged of Securities fraud, mail fraud, Money Laundering case, Investments advisory fraud, wire fraud, false statements perjury, theft from an employee benefit plan, false filings with the Security Exchange Commission (SEC). Madoff’s release is scheduled on November 14, 2139.
2) Offshore Investing Scams
Colin Pearson, a British fraud financial adviser has been sentenced for three years for running an offshore pensions scam, which deprived the taxman of almost £3 million.
This is an example of an offshore Investment scam: The Semper Libera Offshore Investment scam, “Offshoreinsider.com” club, July 3, 2001, Mr Ian Fraser, founder. Person behind this scam is Jim Robertson, and now nowhere to be found and disappeared with bank account information: Bank of Valleta Plc.,3/4 St John Square Valleta VLT 10, Malta, SWIFT:VALL MT MT. Please email email@example.com if anyone have information about this scammer before he could scam you! (credit to : Mr Shawn)
These scam is becoming popular to American and Canadian investors. Because of conflicting time zones, differing currencies and the high costs of international telephone calls, it made it so difficult for fraudsters to victimize the North American people. The internet eat away these defense of communications locally and international. Investors from other country should be more cautious before considering to invest in another country. It is very difficult to our local law enforcement agencies to push an investigations and run or prosecute the criminals.
3) Pump and Dump Scams
These are small group of ‘well informed’ people to buy stock, before they recommend it to thousands of investors. And the result is a quick pierce in stock price following an equality of abrupt downfall. But the perpetrators who bought earlier sell off when the price is on peak and earned huge profits than their victims. Most of “pump and dump schemes,” recommend companies over-the-counter bulletin board (OTCBB) and have a small float, because small companies are more easier to manipulate a stock when there is little or no information available about the existence of the said company. Pump and Dump are also known as “short and distort schemes.” The fraudsters use smear campaign and attempt to drive stock price down, instead of spreading positive news. The profit is made by “short selling scheme”.
4) Prime Bank Scam
These scheme term describes 50 banks or more in the world. Prime Banks Trade high quality and low risks instruments such as world paper; International Monetary Fund, bonds and Federal Reserve Notes. We should be aware when we hear these terms used by fraudsters, searching to lend legitimacy to their cause. Prime Bank programs often claim investors “funds will be used to purchase and trade Prime Bank financial instruments,” but never existed and the people lose all their money.
5) Bank Fraud
Using fraudulent means to obtain money from bank depositors, that represents financial or bank institution, assets, or other property owned or held by a financial institution is called the Bank fraud, and is a criminal offense. A particular banking fraud law can differ in various jurisdictions, in specific elements, and the term bank fraud applies to actions that employ a scheme or a clever or artful skill , as opposed to bank robbery or theft, thus this scam is sometimes called the white-collar crime.
Commonly your tourist guide will bring you to Jewelry factory, Jades is the famous gems produced in China, but be careful, those are fake gems . Of course the tourist guides or any taxi drivers in Hong Kong and China (mostly in Shenzhen) which is the border crossing of Hong Kong, will have their commissions collected.
The Australian Securities and Investments Commission (ASIC) and Bank Negara Malaysia (BNM) began an investigation in September 2005, in a scam called (PIPS) Or People in Profit System, and this Pips Scam is run by “famous couple scammers online, Bryan and wife Sharon Marsden. The Pips Scam, is based in Malaysia and marketed heavily in Australia and can be found in most investors online forums. The Australian authorities have been giving warnings to all investors and the public about this scam online. It uses many names such as Pips, Pips Inc, People in Profit System, Private Investments Profit System, Pure Investor and PIPS Financial Services an many more. The potential investor are required to invest or pay $450 to PIPS, with the promise a 180 days period of interest on your payment of 2% daily. If this $450 payment was compounded for a normal annual trading, then the amount would be $500,000. And the high risk stocks can get a range of 20% to 25% annually. Contact authorities at firstname.lastname@example.org, if ever you are a victim of this Pips Scam.
12) Hacked Credit Cards
The credit card processor Global Payments suffered a massive security breach, in which intruders made off with thousands or million of credit card numbers from numerous card issuers worldwide. This scam story is still developing and still in debate, and the hows and whys of how the card numbers were lost will be debated for years. Every card holders are advised to be careful using their visa or master cards and be cautious in dealing with other people whom you less trust. The Global Payments is a credit card processor, and they are one of the firms responsible for handling your credit card transaction every time you swipe your cards. These card processors are the common targets of attacks, because they handle transactions for the banks worldwide.
13) Work At Home Scams
A work-at-home scheme is a scheme get rich quickly, in which a victim is lured by an offer to be employed at home, very often doing some simple task in a minimal amount of time with a large amount of income that far exceeds the market rate for the type of work. But in truth, the purpose of such an offer is for the perpetrator to extort money from the victim, by charging a fee to join the scheme or membership fees, or requiring the victim to invest in a resale value of misrepresented products .
This is the 49GetMoney.com website, January 15, 2007. You can see the links, if you insist then go to their website right now, click here . But it has framed with a warning, but we recommend you do not enter any information on it! Close this window when you are finished, to return to our review.
14) Foreclosure Scams or Real Estate Scams
Foreclosure Assistance Scam one– The Paid Professional Negotiator Scam or the scammer, usually act as the liason officer between the buyer and the “financing”. These “financial consultants” persuade their “buyers” or victims, that they will handle the creditors and the banks, and you can pay an “initial payment” for the “processing period” (but you get nothing and you are scammed).
Foreclosure Assistance Scam two- The Falsified Bankruptcy Filing, then they will promise you everything , that the “foreclosure order: will be stopped, but only in a short period. Then too late to realize that you are a victim of Foreclosure Scam, and cost your credit card huge amount, court fees which the liason will tell you “they forget to inform you the date of court appearance”, the money you have paid them and your home.
Foreclosure Assistance Scam three- Bait and Switch, However, you still hope to win back your house, and while signing the “new contract of 4% loan, and think that the payments is low , but unaware ‘you have signed over your title’, which is the most common scam, because it looks very realistic. Be sure you have your lawyer before signing any paperwork. Golden Lenders has helped many houses from foreclosures in Denver, Colorado.
15) Nigerians Scams
The black money scam, or known as wash wash scam where con artists work attempt to obtain money fraudulently from a victim by persuading the victim that piles of banknote-sized paper in a trunk or a safe is really money which has been dyed black or another color (e.g. to avoid detection by customs). Then they persuade the victim to pay for chemicals to wash the “money” with a promise that he will share in the proceeds. It is also known as the “advance fee fraud” where there are variation of black money scam.
Nigerian SPAM mail spam scams Nigerian spam Nigerian scams Nigeria.
the scam artists hide behind untraceable email addresses, sending their scam letters from pay-by-the-hour Internet Cafes. The governments of Africa are generally in a survival mode, with little interest in dealing with some Internet scam artist in a local village. There are always bigger fish to fry. West African government and business officials about their perception of these 419 scams. They have expressed amazement that anyone could be fooled by the empty promises contained in emails from a stranger in Africa. In their eyes, the culpability goes both ways. “Who could be such a fool to give money to someone they have never met?” This is a valid question for all of us to ponder.
16) Identity Theft
Frank William Abagnale, Jr. is an American security consultant known for his history as a former confidence trickster ( attempt to defraud a person or group), check forger, impostor, and escape artist. In the 1960’s, he became notorious for passing $2.5 million worth of forged checks across 26 countries over the course of five years, he was 16 years old when he began being an impostor or identity theft.
Identity theft is a form of stealing or “using” someone’s identity in which someone pretends to be someone else by assuming that person’s identity or impersonation or identity fraud.
- Scammer First Name: James
- Scammer Last Name: Ramos
- Country: Ghana
- City: Achimota
- Scammer E-mail addresses: email@example.com
Dating sites online is now the most common target of Scammers, using stolen photographs from users of Facebooks, Yahoo Messenger, Twitter, etc. These scammers will befriend you, and later on they will “fall in love with you”, and ask you if she could go to your country to be with you. And finally ask you to send them Money Orders or ask you to deposit them into her bank account and then wire the money to them through Western Union. The money she needed is intended for her passport and documents processing so she could go to your country. These pictures are “stolen” pictures to use for their crimes and lure their victims, and their main goal is to get your personal information, Credit card numbers, ATM accounts details and pin numbers as well. If you are searching for a lifetime partner via online dating site, then just be cautious that they are legit members of the sight.
17) Mobile Phone Phishing/Vishing
Phishing is the most discussed and pervasive Internet graft, to high profile victims, such as PayPal, and its incredibly diverse methods. Phishing is traditionally called as an e-mail scam, the trouble has grown to incorporate seemingly infinite forms of attack, which can be stressful, intimidating and confusing. Scammers usually used “legitimate letter of request appearing to be from reliable sources such as stores, news outlets and banks, to obtain the personal information they need to steal, and bait unsuspecting targets. The person who perpetrates a crime is the Scammers, specifically target data, such as social security numbers, passwords and bank pins, that can be used to access bank and credit card accounts, resulting in identity theft and stolen funds.
Google’s GoogleChat has hosted the ViddyHo worm phishing scam. Most of the users online using the chat services, received messages from their “friends online”, and prompt them to check out this link. Then the “victims” are given instructions to go to ViddyHo Website, asked them to “log in” at the Google log-in information. When your personal information is divulge, then the “worm” spreads out to every victims in the lists. So be careful in checking links from people who are not close to you, and avoid giving personal information to sites you are not familiar with.
MobileMe Apple e-mail, Pop-up window phishing, Phishing on Twitter, “Vishing“, Parking ticket scam and many more scams on the internet.
18) Airline tickets
Be aware for any ticket messages from airlines, including major airlines, if you purchase an Airline ticket such as JetBlue, Frontier Airlines, and US Airways. You will receive and E-mail saying that your credit card has been used to purchase a ticket contained in an attached Zip file. If you open the file, your computer will download malware that can be used to steal and have access to your personal information such as credit cards, debit cards, ATMs etc. Just in case you receive an e-mail like this, contact the proper authorities and delete it immediately, if you have already opened your email.
19) IRS tax refund scam
The come-on: You’re getting a tax refund from the IRS. Woohoo, free money! The scam: The e-mail, which comes from “firstname.lastname@example.org,” provides a link to a page asking you to fill out a special form with personal and financial information. In reality, the IRS will never solicit this kind of info, and you don’t have to fill out anything more than your normal tax forms to get the refund. What you can do: Delete the message. If you feel like maybe you deserve the refund, and have questions about it, contact the IRS at 1-800-829-1040 . They’ll tell you all you need to know.
20) Pickpocketing scams
Pickpocketing is a type of lacerny ( acquiring other person’s personal property by stealing) of money or other valuables from the person or the pickpocketer’s victim without their noticing the theft at the time. It requires considerable dexterity or small muscle movements which occur in body parts such as the fingers, usually in coordination with the eyes and a knack for misdirection. A thief who works in this manner is known as a pickpocket.