Lottery scams new flavour of the month

Tuesday, 11 May 2004, 11:38 AM EST

Lottery scam emails are increasing at an alarming rate, according to Fraudwatch International, the Australian website that protects consumers from identify theft. Last month FraudWatch International received over 1000 variations, double the number of phishing email scams.

Consumers are paying big dollars to have their bogus winnings released to them. "If it wasnít working, the number of emails wouldnít be increasing," FraudWatch managing director Trent Youl said. "Victims are contacting us every day asking for assistance to recover their lost money. The bottom line is, once the fraudsters have it, recovery is unlikely."

By Jan Libbenga at The Register.

[ Read more ]

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