Scam victim arrested – update

Back in August I told you about a scam victim who was arrested, and now I have an update on her case.

Her day in court came, and then the DA first started to read the documents in her file they commented “How could she not know” and “How stupid is she” . . . all while she was sitting just a few feet away. Then, as the DA continued to read their commnets changed to “Wow . . . he is very convincing!”. Too bad they did not appologize for his earlier comments.

When all was said and done the case was dismissed, which is wonderful. She is still struggling to find a job and to recover from the financial loss that she took due to this scam, but she knows that the worst is over.

Scam Jam 2009

Please join us in Portland, Oregon for Scam Jam 2009!

Learn how to protect yourself from ID theft, investment fraud, repair scams, financial exploitation . . . plus speak with Shawn Mosch of Scam Victims United!

 http://portlandscamjam.com/

You can also go to http://www.chuckwhitlock.com/scamjam.html to see footage from past events.

 Shawn Mosch

Co-Founder of ScamVictimsUnited.com

Find us on Twitter, Facebook and more through

http://www.retaggr.com/page/ShawnMosch

Veterans beware: This scam targets you

Coca Cola Lottery Scam

The other day I posted that I got a Lottery Scam email that said I had won a contest through Pepsi . . . well, today I got one from Coca Cola!

Subject: LETTER FROM COCA COLA COMPANY OFFICIAL PRIZE NOTIFICATION 2009
Date: 9/27/2009 8:38:19 A.M. Central Daylight Time
From: c.cola018@insing.com
Reply To: cocacolapromotiononline2009@rediffmail.com

THE COCA COLA COMPANY OFFICIAL PRIZE NOTIFICATION 2009
VIEW THE ATTACHMENT AND
(CONTACT PROMOTION MANAGER)
Name: GREG SMITH Phone # +44 703 174 5628 :+44 703 195 3669 Email: gregsmithmanager@insing.com

Accept my hearty congratulations once again!

Yours faithfully,
Mrs.Kate Hudson
Coordinator

Pepsi Lottery Scam

From: info@pepsi.com
Reply-to: pepsiclaimsdepartment026@w.cn

Subj: (no subject)

 
THE PEPSI COMPANY OFFICIAL PRIZE NOTIFICATION

Dear Winner,

We are pleased to inform you of the result of the just concluded annual
final draws held on the 25th September 2009 by Pepsi Bottling Company in
conjunction with the British American Tobacco Worldwide Promotion,  your
email  was amongst the 10 Lucky winners who won £ 2,500,000.00 GBP each on
the Pepsi Bottling Company promotion award.

For Claims, Contact:
-=====================================
Mr. Gordon Moore.
Email: pepsiclaimsdepartment026@w.cn
Tell: +44 704 576 6733
Fax: +44-871-900-7833
=====================================
PEPSI-COLA WINNERS DOCUMENTATION FORM

Full Names: Address: Age: Sex:
Marital Status: Occupation: Country:  Nationality:
Telephone/Fax number:

Accept my hearty congratulations once again!

Yours faithfully,
MR ERIC FOSE
_____________________________

I did find some information at http://cr.pepsi.com/usen/pepsiusen.cfm?time=8923183 about this scam.
 
While this is a great warning, it is very hard to find . . . and I was looking for something . . . imagine the person that does not know to look and dig for this information.  They could think that this is real.  I would encourage Pepsi to place this warning in a more noticeable location, or to even do a press release on this topic so that the media would pick it up and get the word out to even more people  It would be a great way for Pepsi to show that they are looking out for the good of the American public

Education is the key

One of the common threads between many of the current scams, including Items for sale/ Internet Auction Fraud, Pet Scams/Puppy Scams, Secret Shopper Scams/Employment Scams, Romance Scams, Roommate/Rental Scams and even Lottery Scams, is that at some point the scammer will send the victim a cashier’s check, money order or traveler’s check. For some reason, the check will be for more than the agreed on amount, and the scammer will ask for the victim to wire that overage back to them. For many victims this will be a red flag, which it should be, so they take the next step and take the check to the bank . . . but this is where the confusion often comes into play.

To demonstrate my point, ask yourself this . . . if you deposited a cashier’s check into your bank account, at what point would you feel safe that the check is legitimate, and that you can use the funds from it with no financial risk?

A) After 24 hours

B) In 7 – 10 business days

C) When the check clears

D) When the funds are made available

E) A and C

F) C and D

G) None of the above

If you said A, you would have become a scam victim. Many banks will tell customers that a cashier’s check is verified in 24 hours. This is what our former bank told us when we deposited the check we received. Then, one week later, they called us and said that same check was now found to be counterfeit, and we owed them the money.

If you said B, you MIGHT NOT have become a scam victim, but it is still possible. As I just stated, our former bank found out that our check was counterfeit in one week, so we would have been saved, but there are some victims I have worked with that have seen there checks come back several weeks or months later. I was once told that a check could come back 6 months later, and the account holder would still be held liable.

If you said C, you would have become a scam victim. The term “cleared” only means that the clearing house has not sent the draft back for non-sufficient funds, closed account, or flag instructions on the account. It DOES NOT mean that the draft was written by the account holder, or that the money belongs to you.

If you said D, you would have become a scam victim. When you deposit a check into your account, your bank advances you the money for that check to keep the wheels of commerce moving . . . you cannot spend the money until you have it . . . so they credit your account with what is called a “provisional loan”, which is a no-signature loan from your bank to you. This DOES NOT mean that your bank has been credited by the issuing bank.

If you said E or F, I’m sorry, I only put those in there to try and throw a few people off. Since I have already shown you how A thru D are not correct, well, two wrongs don’t make a right.

The correct answer is G, none of the above. The sad part is, the scammers know this, and they use that to their advantage. This is why these scams work so well. The scammers are using counterfeit cashier’s checks, money orders or traveler’s checks, that are so good that many bank employees cannot tell the difference. They have watermarks on them and are made on the same quality of paper, so they get passed into the system just like a real cashier’s check would. It could take weeks before the item is detected as counterfeit, and by that time it is too late for the victim.

This is why education about scams, warning signs, red flags and banking procedure and terminology are so important in the fight against internet scams.

Mrs. Bernie Madoff

Well guess who I got an email from today . . . Mrs. Bernie Madoff! Okay, it was from a scammer pretending to be Mrs. Bernie Madoff. Does anyone else see the irony in the fact that someone who runs a scam fighting website got an email from a scammer pretending to be someone that operated the largest and most talked about Ponzi Scheme to date?

 Subject: My Great Compliments /Can I Trust You?

From: mrsruthmadoff03@googlemail.com

Reply To: mrsruthmadoff@hotmail.co.uk

Mrs. Ruth Madoff West, Liverpool, London. My Great Compliments, I’m Mrs. Ruth Madoff, 67, wife to Mr. Bernard L. Madoff, of Bernard L. Madoff Investment Securities LLC, who pleaded guilty to operating a multibillion-dollar Ponzi scheme, is worth up to $826 million, according to a document filed with a federal court on Friday 13th March 2009.

Just last 2Month my husband pleading stealing billions from investment from his clients and he was ordered to jail Thursday 12th March 2009, after pleading guilty to all 11 criminal counts in one of Wall Street’s biggest swindles.

Now the Federal investigators in the USA are working around the clock to freeze all my assets, fearing that I’m trying to flee the country which I have done shortly after my husband was sentenced, I have $93 million in my name beyond their reach.

The Securities and Exchange Commission is working with federal prosecutors in Manhattan to prepare a filing asking a judge to formally freeze all of my assets as soon as possible.

My husband deposited the sum of (USD$25.000.000.00 Million) in a Finance Firm in Europe some years ago in my name, I need you to collect this funds and distribute it to both of us since the Federal investigators are working around the clock to freeze all my assets. Meanwhile all documents related to transfer of this fund to your account is with the bank

Presently, I’m in a hard out here in UK as the Federal investigators as well the Securities and Exchange Commission is looking for me to freeze my entire asset as well prosecute me like my husband.

Please reply back to me on this e-mail as I will like if you contact my bank directly so that he will direct you on the way forward. Please due send to me all your contact details as I will like to speak with you before we commence on the transaction. Please Keep this transaction secret and confidentail for now. You can read my story on this website: http://www.nypost.com/seven/03152009/news/regionalnews/ruth_in_crosshair_159631.htm

God bless you.

Best Regards,

Mrs. Ruth Madoff