Thursday, June 18, 2009

What is Scam and how to avoid it

A confidence trick or confidence game (also known as a bunko, con, flim flam, gaffle, grift, hustle, scam, scheme, or swindle) is an attempt to defraud a person or group by gaining their confidence.

An other source define it : A fraudulent business scheme; a swindle


Scam baiting is the practice of feigning interest in a fraudulent scheme in order to manipulate a scammer. The purpose of scam baiting might be to waste the scammers' time, embarrass him or her, cause him or her to reveal information which can be passed on to legal authorities, get him or her to waste money, or simply to amuse the baiter.
The primary goal of the majority of scam baiting is stopping 419 Advance fee fraud, which bilks hundreds of millions of dollars from victims, and can lead to victims committing crimes to raise enough money to feed the fraudulent schemes.

Scamdex is all about 'Get Rich Quick' Scams, Spoof Websites, Bogus Lottery Winnings, Spoof Phishing Emails from Banks, Scam Emails from African Dictators (and their wives), Dating Scams, Pet Scams, Dodgy Product Scams, Lottery Scams, Work-from-home Job Scams, Classified Ad and online Auction Scams and all other Identity Theft and Internet Fraud.

http://www.scamdex.com/



Some part taken from Wikipedia, the free encyclopedia

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