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Austrailian Investment Online Hoax Fools 233

John Larson wrote in to tell us about This ZD Story about the Australian SEC setting up a Y2k scam web site (selling insurance I guess) that apparently fooled over 200 people, and would have netted $4M had it been real. There are a lot of gullible people out there. Kinda scary. But definitely an interesting form of entertainment.

3 of 30 comments (clear)

  1. hmmm by drwiii · · Score: 5

    Silly zdnet and their changing URLs.. Lets try this link.

  2. Re:They weren't all dumb by gonzocanuck · · Score: 2
    Hmmm...yeah...this reminds me of when China was going to take back Hong Kong...during the late 80s there were so many people paying mucho dineros to move elsewhere, even to non-existant countries in Africa. There's probably all sorts of Y2K scams going on, they're just not so high profile...


    On the other hand, a person pointed me to http://www.realhamster.com I was just flabbergasted. I thought, this can't be real! And of course it isn't (it's still worth a look tho!!)

    --

  3. Australian by dashiva · · Score: 2

    Shouldn't it be spelled "Australian" ?