What's New in Technology for March 2003
Dangerous Email? Yes, It's Out There
Danger is lurking in your email, warns the National Consumers League (NCL), a nonprofit consumer organization based in Washington, DC. Based on consumers’ reports to NCL’s Internet Fraud Watch (IFW) program last year, many dubious offers, including those made for the fastest growing Internet fraud, Nigerian money offers, come by email.
Additionally, almost 27,000 of the 28,655 respondents to a “Daily Poll” on AT&T WorldNet Service’s Web site, www.att.net, said they’ve received unsolicited email offers for what IFW warns could be scams. Thirty-two percent of respondents said they have received credit card offers in their email boxes; 30 percent received loan offers; 30 percent received offers to make money working at home; 27 percent received invitations to visit X-rated sites; and 12 percent received Nigerian money offers. Only 6 percent of respondents said they had never received any of these emails.
While not all unsolicited email messages are fraudulent, consumers should be very suspicious of anyone who promises them easy money, incredibly cheap prices, or ‘free’ services that may have hidden costs. Many of the top ten Internet frauds are lurking in your inbox. The key is to recognize and report them.
Nigerian money offers are the fastest growing Internet fraud reported to the IFW. Typically, the message comes from someone in an African country who claims to have amassed a fortune and wants to transfer it to your bank account for safekeeping.
The person offers you millions to hold the money in your bank account temporarily, but it’s a pack of lies. There is no fortune, and the purpose of the scam is to take money out of your account, not put money into it.
In some of the most frequently reported Internet frauds, many of the offers came by email: 97 percent of Nigerian money offers; 24 percent of work-at-home schemes; 28 percent of bogus credit card offers; and 36 percent of fraudulent business opportunities and franchises.
To alert consumers about this and other online scams, NCL has launched an educational campaign with support from AT&T. Trend data and fact sheets about Internet fraud as well as new tips about avoiding cons and advice about the most common scams are available at www.fraud.org.
The Top 10 Internet Frauds: