Newest Scam: Fake Escrow Accounts

Posted by timothy on Tuesday December 17, 2002 @09:31PM from the caveat-emptor dept.

MImeKillEr writes "MSNBC is running an article warning about the latest auction site scam: Fake escrow accounts. The article claims scam artists are tricking Net users into wiring thousands of dollars to fraudulent bank accounts. The criminals do this by setting up a trap auction and when the winner asks how to make a payment, the criminal tells them to pay into an escrow account. One legit escrow account who had a criminal mimic their site said that as many as 50 users had lost and average of $10,000 with at least one being conned out of $30,000 in such a way. There are reportedly at least 150 fake escrow accounts. The FBI is currently investigating the matter."

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Link? by Tuffnut · 2002-12-17 21:34 · Score: 3, Funny

Where's the article link? .. It must have been auctioned off...that'd odd.
1. Re:Link? by hmallett · 2002-12-17 23:08 · Score: 3, Funny
  
  Nobody reads the linked articles anyway, so it's no big deal.
You know.... by sickboy_macosX · 2002-12-17 21:50 · Score: 3, Funny

How come it is so easy for a thug to make money, but a unemployed software engineer cant do it? Why is that? Does crime take a special function in the brain? is it like a complicated SQL database? If so I wanna program it so I can make money! it isnt fair!! Anyways thats my rant..

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Re:Great stuff for Bush administration by acidfast7 · 2002-12-18 02:05 · Score: 1, Funny

How do you think the "STRATEGIC MISSLE DEFENSE SHIELD if being funded. False auctions and fake escrows.