All Spam Is Fraud! It's about stealing a dupes money. Don't be a dupe.
Spoofed email address. Sender fraudulently uses a return email address to make themselves appear to be part of company or organization and whose customers they are targeting for fraud and theft. Examples below, the sender of the fake bank information update websites are using the return email address of their targeted banks so that recipients of the email will see their banks email address in their email browser and will be more likely to feel comfortable with complying with the instructions in the email and give away their personal bank account information to the thief.
419 Scam. Gets its name from the specific legal code of Nigerian law that this type of scam violates. Most commonly known versions involve a story line of an African criminal that wants to move a large amount of money out of their country and asks the dupe to help them in exchange for a commission or large fee. The dupe is asked to send money 'up front' to cover fees and other phony costs involved with the scam. The dupe is sometimes asked to come to the African nation to meet with the scammer at which time the scammer will try to involve the dupe in illegal activities to compromise the dupe to extract more money from the dupe. In the end, the dupe gets nothing and loses all the money he/she sent to cover the 'up front' fees to move the imaginary fortune.
419 Scam - (Overpayment Version). This is a newer version in which the dupe might be a business owner, or seller of an item by internet, or simply an owner of a targeted website. The scammer is often not very experienced at speaking English and will rely on the use of a generic form-letter to begin the scam. The form-letter appears as an "URGENT" request to purchase something from the dupe. The scammer looks at the dupe's website and chooses an item at random to plug into the subject of the form-letter. The item is a decoy and is used only to make the letter look more authentic and genuine. They really want the dupe's money! This is a bogus check scam! Price doesn't matter. The scammer will agree to pay whatever price the dupe requires for an authentic (legitimate) sale- BUT there's a hitch! The scammer will send a check written for an excessive amount of money, and the dupe is instructed to wire the remainder back to the scammer. Remember the term "URGENT?" The scammer is in a hurry. Boy is he in a hurry. He sends the check by mail?! Some hurry. He begs the dupe to ship the item as soon as possible- before the check has time to clear. But he needs his "excess" money back as soon as possible. The dupe is asked to use an instant bank wire transfer of the alleged "excess" of monies to the scammer. The dupe's bank will credit the amount of the scammer's check to the dupe's account on the day of deposit. But when the bank discovers that the scammer's check is bogus, they will immediately withdraw that money from the dupe's account along with any additional fees for bounced checks. The dupe is stuck with a bogus check and is liable for any funds they withdraw from their bank account. Meanwhile, bank wire transfers are instantaneous. All monies wired to the scammers bank, are now lost. Any items shipped to the scammer are also lost.
The eBay scam takes advantage of the requirement by eBay, that the seller must ship their item immediately to the winning bidder after auction- even before the fake check is received and processed and discovered to be bogus! Sellers on eBay are targeted in a similar way as are website owners.
Domain names created by thieves. Thieves seldom ever pay registration fees for their domain names. Doing so would create a paper trail that allows police to locate them. Check the listing again in 90 days, and the domain will show cancellation as a result of failure to pay domain registration fee. Thieves often hack into a server to host their credit card phishing scam websites, using their temporary (unpaid) domain to point the victim's computer to the phishing website. Then by sending emails through a series of (difficult to track) relays, the victim is instructed by email to visit the scam website. The fake domain will be cancelled after 30 days for failure to pay, so the thief continues to set up new domain names and point them to the domain where the scam website is running.
Scam websites. Appearance ranges from a simple graphic with hot links that take the victim's computer to a simple automated form filler page, to the very sophisticated website with impressive profiles and photos of actual people stolen from other websites on the internet. Warning! Many of the scam sites place trojan horse installers in their webpages. Clicking on one will install a trojan horse to hijack the victim's computer and/or steal passwords and bank accounts and credit card accounts. Remember these words - All Spam Is Fraud! If you don't know the sender of the email, and they hid their identity, then any and all information in the email is a lie and the spammer intends to steal from you. All Spam Is Fraud! It is about stealing a dupes money. Don't be a dupe.