Greed; is the nature of humans, we can never get enough, and we often seek ways to get more of everything, be it fortune or fame. Sometimes, the nature 'greed' can cross the line.
In the 21st century, where computer and internet has been parts and parcels of life, there are as many as
6.9 billion (and growing) people that are capable of accessing the internet.
Alongside the 6.9 billion people, a minority of those people has found out ways to abuse the internet users, specifically for their money. This is commonly known as Cyber scam.
Today, when internet has been around for so many years, these selfish users has refined their scam techniques to trick even the most careful users of the internet.
The following list are the list of a few popular techniques used by cyber scam operators.
1. Auction Fraud
Today, there are many websites that offer auctioning services, whereas a user can bid for a desired item. But, the catch is, due to the various location of the traders, the transaction is usually done online, and the item is delivered through postage services.
In most cases, the trade will be done within a few days of shipping the item to the destined owner; Whereas , scammers, after receiving the money, does not deliver the goods as promised. For example, they might not give item in the condition as shown in the picture, or sometimes they don't even send the items.
These auction frauds are hard to prevent as scammers can make multiple accounts to fake positive feedbacks, tricking users into believing them.
2. Phishing scams
The e-mail has been replacing the conventional land mail in today's world. There are billions and billions of users with registered email addresses that are used from a day to day basis.
The email has been a massive tool of malice because if anyone can send an email, anyone can recieve and read it.
If anyone can send an email, anyone can receive it.
The setup is begun by sending thousands and thousands of email to different email addresses, to get a slight chance of getting the victims attention.
For example, a scammer can fake an exact copy of an email from a bank, and send it to the victim asking for personal information, giving fake excuses such as promotions, account verification, or the upgrade of the system.
Sometimes, these users are unaware of the phishing scams around the internet, and foolishly enter their bank account numbers, pins, and personal IDs. This will grant the scammers with access to do transactions with the victims bank account, without the victims approval nor knowledge.
3. Nigerian 419 Letter
Named for the section of Nigeria's penal code that this scam violates, this popular technique has been on the internet for quite some time as it rakes a big amount of money from the victim.
This setup too begins by sending thousands and thousands of email, hoping to grab the attention of an innocent victim. The content of the message is usually capitalized to emphasize the importance and urgency of the message. An example of the message :
"DEAR SIR/MADAM: I REPRESENT THE RECENTLY DEPOSED MINISTER OF AGRICULTURE FOR NODAMBIZIA, WHO HAS EMBEZZLED 30 MILLION DOLLARS FROM HIS STARVING COUNTRYMEN AND NOW NEEDS TO GET IT OUT OF THE COUNTRY..."
This scam revolves around asking the victim to "help" transfer funds to their bank account, and get a share out of it. But before the transaction can be done, the victim must pay thousands of dollars for the so called "tax", "attorney", "bribes", and other fees.
As for most cases of fraud, after the scammer gets hold of the money, they disappear and the victim will never hear from them again.
Sources :
http://www.pcworld.com/article/119941/top_five_online_scams.html