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scam

Artificial Intelligence is the buzzword of the year, beating out even "blockchain" and "add oil." A company that claims to be at the front of the pack when it comes to AI is Google. But, as this case shows, it doesn't matter what your algorithms do if what they do isn't properly targeted and the correct action results. It also demonstrates why financial institutions should be very wary of relying on technology which is, at best immature and at worst experimental.

In the meantime, Google and Microsoft, let's bypass the intermediary and you can just send us the "($1,000,000.00) One Million United States Dollars" today. Thank you.

BIScom Subsection: 

It's a spam, it uses Standard Chartered as a hook to entice victims to be defrauded, and it's hilariously awful. Note phone number +447452282904 and email address lrbernal@easynet.es and that the reply is to privacy e-mail service ProtonMail at taxmattersjon@protonmail.ch . But the most interesting thing is this: the e-mail provider easynet.es correctly identified this as spam, even as " advance fee fraud (Nigerian 419)" - then allowed it to pass. Is the provider complicit if anyone becomes a victim?

FCRO Subsection: 

It's that time again: PayPal spam-scam time. But even by the standards of badly constructed spam-scams, this one is bad. So bad it's funny and so bad that anyone who falls victim to it may just be too stupid to live. But the bigger danger is that it's not a phishing scam but a way of placing malware on victims' computers and if that happens they are being human not stupid.

FCRO Subsection: 

ASIC has taken action to stop several proposed initial coin offerings or token-generation events (together, "ICO"s), targeting retail investors.

BIScom Subsection: 

Most spam-scams are just too stupid for words. This one is even worse. Have fun with it.... and see why companies such as yahoo and google should be required to monitor anonymous e-mail accounts, if not for content but for obviously fake identities.

**Free Content**

FCRO Subsection: 

When Australia took action against an internet scammer for sending out notices relating to domains (see here) the effect on those committing similar frauds was... zero.

CoNet Section: 

E-mail inboxes have long been plagued with dubious offers to renew domain names or to buy similar names to prevent cybersquatters taking control of them or even for entries into some kind of directory. It's a nuisance but, so far, the perpetrators of the actions have avoided prosecution by a range of sneaky tactics. Australia's Competition and Consumer Commission (ACCC) has obtained orders (not convictions) against two companies and a disqualification order against their principle officer.

CoNet Section: 

Sending server: webmail.123-reg.co.uk
Request for External Wire transfer

CoNet Section: 

"Attention: Nigel Morris-Cotterill

This is an exclusive notification from the District Court of Basel-Stadt (Strafgericht des Kantons Basel-Stadt).
We regret to inform you that your identity has been compromised in an identity theft scheme recently uncovered here in Switzerland."

I am soooooooooooo convinced.

FCRO Subsection: 

This is more than a little bit scary. A criminal, exactly what kind isn't clear, has been reading the major Australian employment website Seek.com.au - and then he (it's almost always a "he") is sending invitations to become involved in money laundering or, possibly, to be a victim of a long-established scheme to defraud his victims. The scam letter is a collection of so many currently trendy phrases that it might be convincing - especially to someone who is in awe of cryptocurrencies, blockchain (as they call it) and so many other trigger words. Oh, and there's an interesting twist to the old version of this crime.

FCRO Subsection: 

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