28 January 2008

Too Good to be True?


Monroe was the victim of a "money mule" scam, in which criminals make use of third parties (often unsuspecting victims like Monroe) to launder stolen funds. Mule recruitment is an integral part of many cyber crime operations because money transferred directly from a victim to an account controlled by criminals is easily traced by banks and law enforcement. The mules, therefore, serve as a vital buffer, making it easier for criminals to hide their tracks.

The bottom line:

The old adage, "If an offer or deal sounds too good to be true, it probably is," is just as appropriate in the online world than it is in the physical world, said eBay's Pires.

- Unless, of course, it's free software.... (Via Slashdot.)

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