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Buy a Million Dollar Home without using your money

I have an idea! I keep getting these e-mails saying that I just won a million dollars. Actually, I just received an e-mail that I will receive 27 million dollars. All I need to do is deposit $5,555 in a bank account. Seems pretty easy, doesn't it? Great rate of return. I plan on using the money to help first time home buyers buy homes.

Now if this sounds like a gimick and it probably is, why do so many people fall for these schemes? This technique is called phishing and it is a common practice of criminals to get your personal information. I was on a website today and an attorney was representing 21 clients who have fallen prey to phishing. One client lost over $50,000 and the stolen information from the phishing was used to rack up major purchases all over the world.

Honest people are very likely to fall victim to these criminals. When a deal sounds too good to be true, it probably is not true.

After doing some research, one internet expert wrote that these criminals are hoping that you open the e-mail so the code that they have written will gather your personal information such as bank accounts, credit cards information and social security number. After they obtain this information, they go and rack up debt on your ss#.

To keep from becoming a victim, don't open these phishing e-mails. Second, make sure to delete your cookies on a regular basis so your personal information is not available. Third, if you open a phishing e-mail and think personal information maybe comprimised, don't ignore it. Start checking your accounts. The more time these criminals have the harder it is to stop them and correct the mistakes.

Hopes this helps you. A client of mine thinks that he may have fallen victim to phishing this week. 

 

 

Posted: Friday, April 06, 2007 7:40 PM by Dowell Taggart Team

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