The professional scam or fraud popularity known as money laundry, etc, has now taken newer and technically more advanced dimensions. In case the of latter, the victim would be physically confronted for negotiation to have his wealth or money doubled or multiplied. In most cases, a trick would be played so that certain amount of the victims money would seem to have been doubled, tripled or quadrupled in the first instance. This lure him to readily summit the rest of his hard-earned money, and from there, all channels of communication and contacts would be terminated.
Panda Security's Anti-Malware Laboratory (Panda Lab) has it that for the past ten years, the former tops the list of the most frequent online scams. Panda Lab rated Nigerian scam the first type of scam appearing on the internet, and it continues to be widely used by cyber criminals today. The various faces it has can be portrayed in the following styles:
EMAILS FROM ANONYMOUS SOURCES: Here, the victims are asked to assist transfer a colossal amount of money from another country, usually to the victims country. Along the line, the victim will be asked to send certain amount of money in order to process the transfer so that the huge money will eventually be shared between the two as mutual beneficiaries.
COMPENSATION: In this case, victims are told that there's a fund raised to compensate fraud victims and so money has to be sent to serve as the transfer fee in order to redress the victims' damages or at least sympathize with them.
JOB OFFERS: Here, victims (usually job seekers) receive messages from foreign companies of white collar-jobs, seeking employees from that country. The job is described as simple with earnings of up to $3,000 for working 3-4 hours only in a day. If the offer is accepted, the victims account details will be given so that stolen money (from other victims account) will be transferred directly to the victims account so as to convince him into believing in them, and from there, enough rope is thrown for him to hang himself.
LOTTERY: In this type of fraud, victim receive emails notifying them of unimaginable money their emails have won. They then ask for the victims personal account details in order to transfer the substantial winnings. Victims are then asked to pay for an upfront bank fees and related expenses as the prerequisite arrangements to obtain the won fund.
THE MISTAKE: Here, the cyber criminal contacts someone who has placed an advert on a site such as the craigslist to sell something very important or precious. The fraudsters agree to buy the commodity and quickly send a fake cheque with an incorrect amount (always more than the agreed sum). In an attempt to refund the balance, the whole amount get lost.
THE WAY OUT
To keep off and take safer position, one should avoid any offer which sounds too good to believe, especially from anonymous sources. "A fly always dies in search for cheaper but more delicious foods".