Beware of high-tech cons

Source: Michelle Singletary, Washington Post (Free Registration)

“I have made contact with my bank but it would take me 3-5 working days to access funds in my account,” read the e-mail. “The bad news is my flight will be leaving very soon but I am having problems settling the hotel bills and the hotel manager won’t let me leave until I settle the bills. I need your help financially and I promise to make the refund once I get back home, you are my last resort and hope.”

Many of you would spot this note for what it is: a scam.

Who falls for such schemes?  Well, lots of people — millions, in fact. According to a Federal Trade Commission survey conducted in late 2011 and early 2012, an estimated 25.6 million American adults, or nearly 11 percent, have been fraud victims.

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Tags/Keywords

scams, financial, ftc, frauds, online scams, internet scams

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