Forms of Email Frauds
There are various forms of email frauds such as spoofing, phishing for data, bogus offers, etc. These all points have been mentioned by me in this article to help all my readers.
The forms of email frauds have been have been stated in detail below.
E-mail sent from someone pretending to be someone else is known as spoofing. Spoofingmay take place in a number of ways. Common to all of them is that the actual sender’s name and the origin of the message are concealed or masked from the recipient. Many, if not most, instances of e-mail fraud use at least minimal spoofing, as most frauds are clearly criminal acts. Criminals typically try to avoid easy traceability.
Phishing for data
Some spoof messages purport to be from an existing company, perhaps one with which the intended victim already has a business relationship. The ‘bait’ in this instance may appear to be a message from ‘the fraud department’ of, for example, the victim’s bank, which asks the customer to: “confirm their information”; “log in to their account”; “create a new password”, or similar requests. If the ‘fish’ takes the ‘bait’, they are ‘hooked’ — their account information is now in the hands of the conman, to do with as they wish.
E-mail solicitations to purchase goods or services may be instances of attempted fraud. The fraudulent offer typically features a popular item or service, at a drastically reduced price.
Items may be offered in advance of their actual availability, for instance, the latest video game may be offered prior to its release, but at a similar price to a normal sale. In this case, the “greed factor” is the desire to get something that nobody else has, and before everyone else can get it, rather than a reduction in price. Of course, the item is never delivered, as it was not a legitimate offer in the first place.
Such an offer may even be no more than a phishingattempt to obtain the victim’s credit card information, with the intent of using the information to fraudulently obtain goods or services, paid for by the hapless victim, who may not know they were scammed until their credit card has been “used up”.
Requests for help
The “request for help” type of e-mail fraud takes this form. An e-mail is sent requesting help in some way, but including a reward for this help as a “hook,” such as a large amount of money, a treasure, or some artifact of supposedly great value.
This type of scam has existed at least since the Renaissance, known as the “Spanish Prisoner” or “Turkish Prisoner” scam. In its original form, this scheme has the con man purport to be in correspondence with a wealthy person who has been imprisoned under a false identity, and is relying on the confidence artist to raise money to secure his release. The con man tells the “mark” (victim) that he is “allowed” to supply money, for which he should expect a generous reward when the prisoner returns. The confidence artist claims to have chosen the victim for their reputation for honesty.
Other form of fraudulent help requests is represented by romance scam. Under this, fraudsters (pretended males or females) build online relationships, and after some time, they ask for money from the victims, claiming the money is needed due to the fact they have lost their money (or their luggage was stolen), they have been beaten or otherwise harmed and they need to get out of the country to fly to the victim’s country.
This confidence trick is similar to the face-to-face con, known as the “Stranger With a Kind Face”, which is the likely origin of at least the title of the vaudevillian routine known by the same name, as “Niagara Falls,” or as “Slowly I turned…”
The modern e-mail version of this scam, known variously as the “Nigerian scam”, “Nigerian All-Stars,” etc., because it is typically based in Nigeria, is an advance fee fraud. The lottery scams a contemporary twist on this scam.
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