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OUTRAGEOUS Email 'Scams'
(c) Jim Edwards - All Rights reserved
http://www.thenetreporter.com
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It used to cost a lot of money to rip people off using the
U.S. mail.
In order to reach their victims, con artists had to invest
some serious money in printing, envelopes and postage.
Now, with the adoption of e-mail by almost half the
population of the United States, scammers consistently reach
more potential victims at significantly reduced cost by
delivering their letters electronically.
If one of the following scams hasn't shown up in your e-mail
in-box yet, trust me, it will.
~ Pump 'n Dump ~
This represents an old stock scam where someone promotes a
stock (called “pumping”) to find others interested in turning
a quick profit.
Using online bulletin boards and e-mail, these scammers
circulate bogus “third party” information that appears to add
credibility to their claims about a particular stock.
Once more buyers drive up a stock's price, the promoter then
“dumps” his shares and the price plummets before others have
a chance to sell.
~ The 'Nigerian' Letter ~
Imagine getting a letter from someone in a foreign country
claiming to need a way to get 21.5 million dollars out of the
country (the first country used in this scam was Nigeria,
hence the scam's name).
He knows that you are trustworthy and if you'll just send him
your bank account information he will deposit the money in
your account and give you 15% of the deposit.
Of course, after you give up the banking information the
scammer empties YOUR account.
~ Chain E-Mail Letter ~
In this scam the sender claims that 'we can all get rich' if
you just send $5 to each of the 5 names at the bottom of the
letter and then forward the letter on to two or three hundred
other people.
The letter further states that this is a legal business
since, in return for your $5, you will receive several
legitimate moneymaking reports from those to whom you send
money.
Make no mistake, no matter what the guise used, chain letters
do not meet the legal requirements of any state.
You will just lose your money.
~ International Long Distance Call ~
You open your e-mail box to discover a very official looking
confirmation form for an order placed on your credit card.
The charge, usually for a diamond or some other very
expensive luxury item, can range from several hundred to
thousands of dollars.
The invoice says to call if you have any questions.
Of course you call the phone number in the letter to dispute
the charges.
When your next phone bill arrives you find you've been hit
with an outrageous charge for an international telephone
call.
The scam: the perpetrators get a chunk of that toll call from
the foreign phone company.
If you get one of these e-mail scam letters, whatever you do,
don't contact the sender.
Just delete the e-mail.
Responding just tells them they have a live e-mail address.
If you do get stung call the police or other appropriate
authorities.
For more information log onto the Better Business Bureau
Online at http://www.bbbonline.org.
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Jim Edwards is the co-author of an amazing new ebook that
will teach you how to work less, get paid more... and have
tons more fun!
'The Lazy Man's Guide to Online Business'
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