Scams, identity theft and cybercrimes threaten everyone.
Every year people lose billions of dollars to scams, identity theft and cybercrime. No one is immune to these dangers. Young and old alike are victims and if you think you are too smart to become a victim, you are wrong. According to the National Association of Securities Dealers wealthy, financially literate and astute people are actually more likely to become victims of financial scams.
The key to protecting yourself from scams cybercrime and identity theft is education and that is where Scamicide.com comes in. Here at Scamicide.com you will learn how to recognize scams, cyber security threats and risks of identity theft as well as how to avoid them. Here at Scamicide.com we also alert you each and every day to the latest developments in scams, cyber security and identity theft and tell you what you need to do to protect yourself. It is a dangerous world out there, but Scamicide.com can help you make it safer.
Lottery scams are among the most common scams and although these scams take many different forms, they all have in common that you have won a lottery you never even entered (quite a feat) and that you must now pay money for either taxes or administrative fees in order to claim your prize which never comes. While it is true that lottery winnings are subject to income tax, no legitimate lottery collects tax money from winners. They either deduct the taxes from your winnings or turn all of the money over to you and it is your responsibility to pay the taxes. Also, no legitimate lottery charges administrative fees of any kind for you to claim your prize as well. Here is a copy of a lottery scam email sent in by a Scamicide reader. As lottery scam goes this one is not very convincing with more red flags than a May Day parade in Russia. Among the indications that this is a scam are the email address from which it is sent has no relation to the sender’s name, the receiver of the email’s name does not appear anywhere in the email, and it says that it is sent from the Anti-Terrorist and Monetary Crimes Division of the FBI although no such division of the FBI exists. The grammar of the email is quite stilted, which may be an indication that this email was sent from a country where English is not the primary language and the logic of the entire email is quite strained.
Here is the email.
Sent: Wed, May 13, 2020 1:09 pm
Subject: Attention Fund Beneficiary!!!
It is hard to win any lottery or contest. It is impossible to win one that you have never entered. It also is important to remember that no legitimate lottery requires that you pay them fees to claim your prize or pay them the taxes due on the winnings. Legitimate lotteries either deduct the income taxes from your prize or they pay you the entire amount of the prize and you are responsible for paying the taxes on your own to the IRS. In addition, Facebook does not sponsor lotteries of any kind.
For those of you receiving the Scam of the day through an email, I just want to remind you that if you want to see the ever increasing list of Coronavirus scams go to the first page of the http://www.scamicide.com website and click on the tab at the top of the page that indicates “Coronavirus Scams.”
If you are not a subscriber to Scamicide.com and would like to receive daily emails with the Scam of the day, all you need to do is to go to the bottom of the initial page of http://www.scamicide.com and click on the tab that states “Sign up for this blog.”