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Fake E-mails Promising Millions of Bitcoins take onto Phishing Sites; Trend Micro

According to Trend Micro the security firm, spam mails are being distributed that assure recipients can become really wealthy Bitcoin owners by an easy and quick method, but actually attempt at duping them into visiting phishing websites.

Bitcoin, though mayn't have the same worth like before, still online scammers continue to value the crypto-currency. A few online crooks rely on it for executing their criminal activities whereas for others the currency helps to act as bait.

Security researchers lately detected one spam campaign, which promoted so-called "Bitcoin Millionaire" scheme. Displaying a caption "BITCOIN: The Easiest Way to Become a Millionaire in 30 Days Flat," the spam mails state that Bitcoin, a means for huge business, presently has a market value of $12.2bn as also can in an astonishingly easy way be obtained provided an end-user possesses appropriate software working automatically.

The e-mails explain to users that it's possible to earn $23,000 (EUR16,500) if they install certain software, which works automatically via a total of merely 3 mouse-clicks.

But, the web-links embedded on the e-mails do not lead onto any such software.

Rather these take onto a site, which solicits information such as name, payment card number and address of the user. There's also no way by which the asked details can be verified on the registration web-page. Indeed, the page accepts all kinds of info entered into the online form, a typically phishing character exuded of the website, that tries extracting the maximum possible payment card credentials.

Meanwhile, Anti-Spam Research Engineer Michael Casayuran of Trend Micro, while explaining about the above stated e-mail phishing scam, blogged that phishers frequently utilized 'get rich fast' strategies as those marked certain attraction for Internauts. Undoubtedly, there was nobody who would not welcome an enormous sum of money without the hard way. But, such were usually unbelievably true. Therefore, it was advisable that end-users desisted viewing e-mails or following web-links that any unverified/strange source might've sent. Moreover, they required doing some research prior to sharing personal details, particularly financial details, with any website alternatively an online service, Casayuran added. Blog.trendmicro.com published this dated April 9, 2014.

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