Sunday, September 11, 2011

419 scammers take advantage of Rugby World Cup with fake lottery

The hype surrounding the Rugby World Cup has set off a series of 419 scammers says Symantec Intelligence. A new scam claims that the recipient has been awarded US$2.5-millon in a lottery connected with the 2011 Rugby World Cup has spread around the internet. 419 or advance fee fraud works by promising the recipient a vast sum of money, but before any money is paid, various (and increasingly inventive) up-front fees are demanded until the victim realises they've been duped, and give up. The promised vast sums of money never materialise.