Social Networks Are Becoming Breeding Grounds For Scam
As the Social Media phenomenon increase, people all around the world have found ways to stay connected with friends, family and co-workers.
As users widen their social presence on Myspace, Facebook and LinkedIn, they need to be aware that scammers also have shifted their focus to social media sites as the next hot locations to find their next target, according to this article.
"Many [criminals] have now moved to computer networks because that's where the victims have moved and, therefore, the opportunities," said Shawn Henry, assistant director of the FBI's Cyber Investigations unit. - [Businessweek]
Just as with anything that has become popular in mainstream you have to watch out for the new age scammers who are always looking for a way in to make money with new scams.
The Nigerian Scam
Over the past years Craigslist has been bombarded with Nigerian Scams of pretending to either give money, ask for suspicious transfers or any other method instead of the traditional cash/credit card transaction.
Per Craiglists.
Recognizing scams [Craiglist]
Most scams involve one or more of the following:
- inquiry from someone far away, often in another country
- Western Union, Money Gram, cashier's check, money order, shipping, escrow service, or a "guarantee"
- inability or refusal to meet face-to-face before consumating transaction
Post from: Social Media Vision
Social Networks Are Becoming Breeding Grounds For Scam