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FSA Cautions of Fake E-Mails

FSA (Financial Services Authority), a non-government organization that independently runs financial services in Britain is cautioning Independent Financial Advisers as well as investors that a phishing e-mail campaign is presently circulating online.

The bogus electronic mail posing as a message from the FSA Chairman Lord Adair Turner says that FSA, through its central monitoring PC, has been informed that the e-mail recipient has been credited with a massive sum of money waiting to be transferred through a bank in London.

It then says that as per the Law of the government of Great Britain and Wales and other Commonwealth States, if FSA finds any massive sum of money within its computer system pending transfer and which remains unclaimed for up to six months, that money shall be taken away as also surrendered to the Government of Great Britain and Wales. Therefore, FSA wants that the recipient contact the Authority instantly with personal information to carry out the approval process in 3 days of getting the present e-mail otherwise his money will be taken away.

But on its part, FSA said that it had nothing to do with the said e-mail and it denounced the message.

FSA stated that neither Lord Turner nor FSA sent the fake e-mail and that such e-mail scams could prove extremely dangerous therefore people required being very cautious in case they got such kinds of unsolicited e-mails. Ifaonline.co.uk published this on October 28, 2010.

Indeed, both FSA and its Chairman observed that any person who disclosed personal information was in danger of having scammers steal his identity or drain his bank account.

Remarking about the phishing campaign, security researchers stated that people must keep in their minds that it was just another fraud. There wasn't any money they could have, rather it were the scammers who were playing tricks to cheat them off their money.

Furthermore, the researchers said that people could follow certain tips to remain safe from such fraudulent electronic messages like not hurrying to act in spite of attractive offers made in them. Indeed, such e-mails first required being verified for authenticity before responding, they added.

Related article: Fake Spam Mail Announces Australian PM’s Heart Attack

» SPAMfighter News - 11/9/2010

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