If It s Too Good to Be True, It Isn t

If It's Too Good to Be True, It Isn't

One of the more prevalent scams that has proliferated on the Internet in the past two years is the claim that you can make a fortune by helping out a civil servant, or the wife of an ex-legislator of a foreign country, usually Nigeria. When you get these emails, don't even try to respond. The scam involves your helping the sender transfer his secret funds to another bank outside the originating country. For a small fee, you can receive a few million in return. Yet, after you get involved, the person encourages you to open an account at a bank he uses (which is simply a Web site, not a bank) and transfer funds to that bank. In this manner he can (1) keep your cash and (2) in some cases gain access to your real account information from your own bank.

This is just one example. Again, if it appears too good to be true, it isn't (true)! The Internet can be a great place to learn about new ideas, to get involved in e-commerce, and so on. It can also be a great place to get fleeced.

Another similar scam is an email that appears to come from a reputable company. Recently, emails from a site that appeared to be Microsoft was passed through the Internet. When you receive a suspicious email, look closely at the address of the email. Check the properties page of the email to see where it was sent from. You shouldn't get emails, for example, from Microsoft.com, or Ebay.com, unless you have granted them the right to send you emails. Yet, if you get an email from, say, Microsoft-readnow.com, don't open it! Check those emails carefully.