Tuesday, October 20, 2009

Rid the Fools of Their Money: The Online World of Crime and Fraud

• Write a blog description of an Internet fraud (scam) scheme.
• Review the scambaiting websites mentioned above. Analyse them from an ethical point of view.


1) Russian schoolboys sent a fraud email asking Hansapank clients to renew their codecard passwords. Email was designed as Hansapanks official email and sent from fraud email address. Clients were asked to enter their codecard passwords via website. Some people were scammed and boys used the passwords to transfer the money to their accounts. Although boys were so stupid that they transfered the money to their own accounts and were cought very quickly.

2) I like the idea, but there is a problem to fall on the grey part of Internet by themselves. Partisans shouldn't fall on the level of nigerian spammers and earn from them. As long they can keep it in this way there is no ethical issue.

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