Woodside warns shareholders about Hassle Free Share Sales Pty Ltd
24 July 2008 - Woodside Petroleum is warning its shareholders of an unsolicited share offer that undervalues their shares. Hassle Free Share Sales Pty Ltd is known to have made offers to some Woodside shareholders to buy their WPL shares at $25.99 each, when the share is worth $52.54 each on the stock market.
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Hassle Free Share Sales Pty Ltd offers St George Bank (SGB) shareholders 50% of true market value
22 July 2008 - Warning: St. George Bank shareholders have been asked to
sell their shares at a 50% discount to Hassle Free Share Sales Pty Ltd.
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David Tweed's Australian Share Purchasing Corporation strikes again with low-ball offer
5 June 2008 - Share market predator David Tweed is asking Incitec Pivot shareholders for an early birthday present: to sell him their shares at half their market value.
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Share Express dealt a blow by ASIC on its unsolicited low-ball offer31 May 2008 - The market opportunist, Share Express Pty Ltd, has been dealt a blow in its attempt to lure Telstra shareholders to sell their shares at below-market price. Share Express was offering to buy Telstra shares from them at $2.72 a share when the market price was $4.54. The offer was mailed out on 29 April 2009.
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Warning: Another phishing scam email targeting St George Bank's customers
14 May 2008 - A new phishing scam email is targeting St George
Bank's customers. Customers are asked to click on a link in the email
to verify their account detail. The link leads to a phishing scam
website.
The public is warned not to click on links in emails.
Australian
financial institutions, as an industry practice, do not request
customers to log in to their websites from email links.
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Rio Tinto warns about David Tweed7 May 2008, SMH - Rio Tinto
Ltd, the world's third largest mining company, has warned its
shareholders to be wary about potential unsolicited offers from
sharemarket opportunist David Tweed.
Rio Tinto says it's aware that a company called Australian Share
Purchasing Corporation Pty Ltd, of which Mr Tweed was the sole
director, has written to some shareholders offering to purchase their
shares. |
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Warrning: Unsolicited share offer to Telstra shareholders
2 May 2008 - Telstra has warned its shareholders they may receive an unsolicited offer to purchase Telstra shares at a heavily discounted price.
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NIB Holdings (NHF) warns sharesholders against David Tweed
1 Apr 2008 - Newly-listed private health insurer NIB Holdings Ltd has
warned its shareholders against a fresh round of unsolicited offers
from David Tweed.
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"NIB shareholders that have received an offer from Australian Share Purchasing Corporation, or may receive an offer from one of the other companies associated with Mr David Tweed, should read the documentation carefully and seek independent financial advice," NIB managing director Mark Fitzgibbon said.
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CSL Limited Warns Shareholders of Unsolicited Share Offers
14 Feb 2008 - CSL Limited is warning its shareholders about unsolicited share offers from Share Buying Group, a company known to make offers below real market value.
Share Buying Group is offering to buy CSL shares for $16.01 per share when the share is trading above $34.00.
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Heath Ledger's death exploited by cybercriminals
29 Jan 2008, ZDNet - The death of actor Heath Ledger has prompted cybercriminals to trick
unsuspecting fans into downloading malware via infected Web sites, a
security company has warned.
Fans who click on malicious links, explained Wilson, would be "led to a
search engine optimised keyword-riddled page" and then automatically
redirected to another site that requires users to download a "new
version of ActiveX object". |
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Email Scam: Targeting Bendigo Bank Customers
30 Nov 2007 - A new phishing email scam targeting Bendigo Bank customers is now circulating on the Internet.
The story is the same as other phishing scams. You are asked to log on to a fake website in order to "verify your detail". Internet users are warned not to click on the link.
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NIB warns shareholders of unsolicited offer by Hassle Free Share Sales Pty Ltd
23 Nov 2007 - NIB Holdings is warning its shareholders of yet another unsolicated offer to buy their shares at
below-market price.
Yesterday, NIB advised that
Share Buying Group is offering $0.61 per nib share, a price 51% below nib’s closing share price of $1.20 on 22 November 2007.
Today, another low-ball offer is made by another company, Hassle Free Share Sales Pty Ltd.
NIB Holdings says it "does not endorse any unsolicited offer by Share Buying Group, Hassle Free Share Sales or any other company to buy shares from its shareholders".
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NIB warns shareholders of low-ball share offer from Share Buying Group
22 Nov 2007 - NIB Holdings is warning its shareholders of an
unsolicated offer by Share Buying Group to buy their shares at
below-market price.
Share Buying Group is offering $0.61 per nib share, a price 51% below nib’s closing share price of $1.20 on 22 November 2007.
The managing director of NIB Holdings, Mr Mark Fitzgibbon, says "nib
shareholders who accept the unsolicited offer will be at a significant
financial disadvantage relative to what they would obtain if they sold
their shares on-market".
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"Botmaster" admits infecting 250,000 computers
10 Nov 2007 - A Los Angeles man on Friday admitted infecting 250,000 computers and stealing the identities of thousands of people by wiretapping their communications and accessing their bank accounts.
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Tweed's Colonial targets Axa investors
5 Nov 2007, The Australian - Colonial Capital Corp, an Australian firm previously known for its "low-ball" offers to shareholders, has targeted Axa Asia Pacific Holdings. Axa said shareholders had received letters from CCC offering to purchase their shares at NZ$12.00 (A$9.97) per share. It said payment would be spread over 15 years, at annual instalments of NZ$0.80 a share.
The current share price for Axa is NZ$9.58.
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Trojan virus targets Mac users
2 Nov 2007, SMH - Online porn-hunters are the intended victim of the latest ploy,
in which visitors to certain explicit websites are led to believe
they're downloading a video-decoding plug-in when in fact they are
installing malicious code onto their Macs.
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Where to Report Scams and Spams
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Protecting yourself against identity theft
Identity theft happens in a multitude of ways. It can range from
somebody using your credit card details illegally to make purchases
over the internet or telephone, through to having your entire identity
assumed by another person to open bank accounts, take out loans, and
conduct other business illegally in your name.
By introducing some practical precautions into everyday life, you can
take an active role in reducing the risk that your identity may be used
without your consent or knowledge. |

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Identity Theft Prevention Checklist
Are you vulnerable to identity theft? Take a quiz using this
checklist to determine ways you could reduce your chance of falling
victim to identity theft.
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Tweed turns attention to AMP
27 Oct 2007, NZ Herald - David Tweed is a director of Colonial Capital Corporation, which is making unsolicited offers to some AMP shareholders of $15 a share, payable in 15 annual instalments of $1. That equated to $8.37, significantly lower than AMP's closing share price of $12.21, AMP said.
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Checklist for secure online banking
Are you an online banking user? Do you know how you could protect yourself from the potential dangers and pitfalls? Here is a useful security checklist for online banking users, compiled by CHOICE.com.au.
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Are You Scam-Smart?
Phishing e-mails are designed to
look like they are sent by legitimate businesses. Can you tell the
difference between a fake and the real thing?
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13 Ways to Protect Your Computer
Numerous viruses, spywares, adwares, spams and scams are lurking on the Internet. The unwary and uneducated are the most likely victims. Learn the
13 ways to protect yourself so that you are not one of them. |

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Free Website Checker
McAfee SiteAdvisor ( www.siteadvisor.com ) is a great tool for checking website integrity. Simply enter any URL and SiteAdvisor's robot will conduct a safety test on the website.
SiteAdvisor checks for:
1. Spam
2. Viruses
3. Spywares
4. Pop-ups
SiteAdvisor also allows Internet users to submit reviews about websites.
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Free Online Virus ScannerIf you are like most of us,
maintaining an updated anti-virus software isn't one of our daily
life's priorities. This is where an online virus scanner comes in
handy.
There is a good selection of free online virus and spyware scanners
from reputable anti-virus companies you could use. They are always
updated with the latest virus definitions and you don't need to install
anything on your computer (well, almost) to use them.
Give them a try today, and use them regularly to check that your PC is free from any malware.
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Hackers Use IM to Commit Cyber Crime
Instant messaging (IM) is the quickest and easiest way to communicate
online with friends and coworkers. However, IM is also an increasingly
popular way for cyber criminals to distribute worms, viruses, and
Trojans, and to commit fraud. Hackers like to target IM because they
can use network ports that are already open for the IM client instead
of having to open suspicious new ports.
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IAG, Adelaide Bank shareholders targeted by unsolicited share offers
16 Oct 2007, SMH - Insurance Australia Group Ltd (IAG) and Adelaide
Bank Ltd (ADB) confirmed on Tuesday that some of their shareholders had
received unsolicited offers for their shares.
Such offers were made infamous by share market opportunist David Tweed,
who was involved in a number of below-market offers to shareholders of
companies such as IAG, AXA, AMP and Rinker. |
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Users of social networking websites risk identity theft
Users of social networking sites such as MySpace and Facebook are
unknowingly exposing themselves to risks of identity theft and PC
infection.
According to a US study in 2006, although 57 percent of people who use
social networking sites expressed concern about becoming victims of
cyber-crime, they are still divulging information that may put them at
risk.
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Hackers exploit crisis in Burma to spread Trojan virus
2 Oct 2007 - Taking advantage of international concern regarding the
daily
demonstrations in Burma, hackers are circulating an email that purports
to carry a message from the Dalai Lama in support of the monks and
other protesters in Burma.
In reality, however, the email is attached with a virus-infected Word document designed to infect the recipient's PC. |
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10 Ways To Avoid Spam
Spam, definied as unsolicited bulk
email, now constitutes about 70-80% of global email traffic. It has
evolved over the years from being a mere nuisance to a severe PC
security risk that could compromise personal and confidential
information stored on your computer.
Deleting and dealing with
spam is becoming a necessary chore. But you can stop spam at its track,
by following these 10 useful tips.
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Cute puppies for sale? Don’t be fooled
Scammers are offering 'AKC registered' puppies for sale at
too-good-to-be-true prices. Some of the ads also include photos
of very cute puppies.
The
aim of the scam is to try to persuade potential buyers to pay BEFORE
the puppy is delivered to them. Once the money is sent, you will never
hear from the scammer again. |

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NSW fraud squad warns of bogus online car advertisements
14
Aug 2007, SMH - According to NSW Fraud Commander Col Dyson there has
been an increasing number of bogus car advertisements on Australian car
websites over the last two months, which attempt to entice would-be
buyers with lower prices than would normally be expected.
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Internet bride scam
The scam is simple. Marry me and you'll get $100,000 in gold for dowry.
A
South Australian man flew to the west African nation of Mali last month
to meet his supposed bride and to collect the dowry. What he didn't
know was that he will be held hostage for 12 days and asked to pay a
$100,000 ransom or have his limbs chopped off.
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Are you spam smart?
Are you spam savvy? Can you tell which sites will respect your personal
information? Can you tell which ones might sell or rent your e-mail
address to spammy third parties? |

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Death Threat & Blackmail Scam
20 June 2007 - Peter McGlothin didn't know what to think when he
first got the e-mail with a bounty on his head. "[It] is a pity that
this is how your life is going to end," the e-mail said.
The
e-mailer, describing himself as a hitman, said one of McGlothin's
"friends" put out a contract on his life and that people were
monitoring his movements.
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Queensland family lost more than $1.3m in Nigerian scam
16 June 2007 - A Queensland family has been fleeced of more than
$1.3 million in an elaborate variation of the Nigerian scam that
persuades people to part with large sums of money so they can retrieve
an overseas inheritance.
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Subject: THANK YOU FOR THE PAST(contact Timothy)
Dear Friend
I am happy to inform you about my success in getting those funds transferred under the co-operation of a new partner from Paraguay.
Presently I'm in Paraguay for investment projects with my own share of the total sum.
Meanwhile, I did not forget your past efforts and attempts to assist me in transferring those funds despite that it failed us some how.
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Spyware hidden on Museum of Contemporary Art website
13 June 2007 - The website of Sydney's Museum of Contemporary Art
has been found to "host or distribute" malicious software, a day after
reports surfaced of similar security breaches at the website of the
Sydney Opera House.
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Spyware hidden on Sydney Opera House website
12 June 2007 - The Sydney Opera House website was found to contain
malicious codes that download a spyware on to the computer of
unsuspecting website users. The Sydney Opera House site is visited by
more than 300,000 internet users every month.
Sydney Opera House
director of information systems Claire Swaffield says she became aware
the website had been hacked and the main page modified to contain the
code in late May.
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Another Phishing Scam hits ATO
8 June 2007 - The Australian Tax Office (ATO) is again warning people to be wary of a fraudulent email that claims to offer a refund from the ATO.
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Job offer. Part-time OK. AUD2500-3500 per month
Good afternoon,
Can we try and make you interested in a home
based job that may pay up to AUD2500-3500 per month? No envelope
filling nonsense, no start up charges, this is a straightforward offer.
You
don.t have to give up your present career; it will only take a small
part of your time. All you need to have to start running your business
with our company are reliable E-mail access and a bank account. And
your willingness to earn, of course.
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 | 17 May 2007 - Spam Hoax: Your order #xxxxxxxx has been accepted for the amount 865.00 AUD. Canon DF-E037 8.0 MP Digital Camera
If you have received an email purporting to be from Dell confirming your online order, when you clearly have not ordered anything, beware! It contains a link to either a phishing or a malware download website.
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Danger hidden in Online Order email
Do you know why you kept on receiving emails informing you of your
online order when you have made none? Beware. There is danger hidden in
the email. |

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Overwhelmed by greedAbout 76% of Queensland victims continue to send money to the fraudsters of Nigerian scams, after being told by police that they were duped.
Operation Echo Track, set up by Queensland police in February 2006 to monitor the transfer of funds to Nigeria, detected 134
victims of investment scams. Only about 24% of those victims believed the police after they were contacted. | | |
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Free money on the Internet
The Internet is wonderful. You get all sorts of free offers, prizes and even money! But are these too-good-to-be-true and make-me-rich opportunities really free?
They all want to give you easy money. Why not take it?
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Phishing Scam hits ATO
26 March 2007 - The Australian Taxation Office (ATO) is warning the
public of a scam e-mail currently in circulation that claims to be from
the tax office.
The e-mail fraudulently uses the ATO logo and comes with the words 'Australian Taxation Office - Please Read' in the subject line.
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Spyware Quiz
They say it's hard to judge a book by its cover. We'd argue that it's
even harder to judge the safety of a Web site by its looks. Think you can sniff out which sites are adware & spyware free?
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10 Feb 2007 - The latest phishing scam targeted at CBA customers. |
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Dear friend,
This message will take couple minutes of your time, but I hope it will give you some information and business offer.
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20 Jan 2007 - You have just received an email titlted Chinese missle shot down USA aircraft with an attachment called Full Story.exe. You got curious and open the attached file.
In the next few seconds, your computer gets infected with a virus and a spyware.
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The Danger of Spam Emails
Do you know that by responding to spam emails, you could have your identity stolen and used by crooks in illegal activities? Or be tricked into a scam and lose a lot of money, or worse, unknowingly commit a crime? Spams are dangerous. Here's why.
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Extortion Scam16 Jan 2007 - The Federal Bureau of Investigation (FBI) is warning the public of an extortion scam email that has been circulating on Internet since December 2006. The scam email threatens to kill the recipient if he/she does not pay thousands of dollars to the sender, who purports to be a hired assassin.
The FBI advises the public to treat these emails as phishing scam and not to respond to them.
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16 Jan 2006 - The Federal Bureau of Investigation (FBI) is warning the public of a scam email purporting to be from the FBI and requesting for a response from the recipient. |
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1 Jan 2007, SMH - An email virus named Luder-A or Tibs.jy is nowing spreading via a New Year's greeting spam email. The email contains an attachment named "postcard.exe" (or similar) with the subject line "Happy New Year!" subject (or similar), said F-Secure. |
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20 Dec 2006, SMH - A new email scam is purporting to offer cheap copies of Microsoft's new operating system, Windows Vista. Those who fall for the scam could have their credit card details stolen or, at best, end up with a pirated version of the operating system.
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19 Dec 2006, ZDNet - Internet security firm, Websense, has discovered a worm that uses Skype to propagate. Early reports indicate the worm sends messages via Skype Chat, which is an instant messenger tool, asking recipients to download and run a file called sp.exe.
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7 Dec 2006 - The latest phishing scam targeted at Bank of Queensland customers.
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12 Nov 2006, News.com.au - Despite repeated cautions from the banks, more than 7,000 Australians have failed to keep their PIN (Personal Identification Number) secure, allowing thieves to fraudulently withdraw more than $3.58m from lost or stolen ATM cards. A common mistake is to keep a copy of the PIN in the wallet, together with the ATM card.
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1 Nov 2006 - The latest phishing scam targeted at NAB customers.
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30 Oct 2006 - The latest phishing scam targeted at Citibank customers.
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20 Oct 2006 - The Australian Tax Office is warning the public of hoax letters purporting to be from the ATO and seeking personal information about employees. The hoax letters require employers to submit employees’ names, date of birth, addresses, sex, tax file numbers, gross annual salary, and Australian citizenship details, under the pretext of an audit.
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19 Oct 2006 - SHELL has issued a media release warning the public of a Nigerian scam and a lottery scam that made illegal reference to the Shell Companies in Nigeria. |
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Warning for Home Building Society (HME) Shareholders18 Oct 2006 - Home Building Society has issued a media release to warn its shareholders of a second unsolicited offer to buy their shares by Direct Share Purchasing Corporation Pty Ltd, a company associated with David Tweed. The 2nd offer ($8.00 per share) is even lower than the first ($10.00). Both unsolicited offers are significantly below the market price (above $14.00 at time of publishing). David Tweed, through his associated companies, is known to make unsolicated offers to shareholders to buy their shares at a price lower than the market value.
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How to escape from junk mail hell
14 Oct 2006, SMH - Are you sick of spam? You should be. By the end
of this year, 71 per cent of email sent worldwide will be spam,
according to The Radicati Group. However, all is not lost. There are
some basic steps, services and products that can help you reduce and
manage spam mails.
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14 Oct 2006, The Age - High-tech crooks are hijacking online brokerage accounts using spywares and these computer incursions are a growing problem, US market regulators said. |
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13 Oct 2006, SMH - Bon Levi is probably Australia’s most accomplished con man. He has been jailed in the United States for fraud, named in parliaments around Australia, been the subject of warnings from consumer watchdogs and been repeatedly investigated by police. But still his cons continue.
In the latest, he is trying to cash in on the rush to convert cars from petrol to gas by selling conversion “franchises” for $40,000-$50,000 with guaranteed returns of $1000-$2000 a week for five years. Sounds too good to be true? It is!
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Money Transfer Scams - What You Should Know
(also called money laundering, mule recruitment, employment scams, home business scams)
So you have been offered a "job" to act as an agent for money transfer. All you need to do is receive money to your bank account, keep 7% to 15% of the received amount, and transfer the balance to an overseas bank account. Sounds like easy cash? Well, what you don't know is that you are being asked to launder money out of the country for crime syndicates and even terrorists. You could be imprisoned for up to 25 years for the illegal act of money laundering!
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Warning for IOOF Holdings (IFL) Shareholders27 Sep 2006 - IOOF Holdings has issued a media release to warn its shareholders of a potential unsolicited offer to buy their shares by Direct Share Purchasing Corporation Pty Ltd, a company associated with David Tweed. David Tweed, through his associated companies, is known to make unsolicated offers to shareholders to buy their shares at a price lower than the market value. |
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29 Sep 2006 -The latest phishing scam targeted at PayPal customers. Header of the phishing scam email:
From: support @mail.aborigine.paypal.com Sent: Friday, 29 September 2006 8:00:34 PM Subject: RE: PayPal® Account Review Department - Message ID 327610275
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Scam: CBA offers 11% p.a. on Term Deposits for Current Customers!22 Sep 2006 - Another hoax has just hit CBA. This time, the scammer uses a different tact to lure its victims. |
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20 Sep 2006 - A handful of porn sites are found to exploiting an unpatched flaw in Microsoft's Internet Explorer web-browser and silently installing spywares on unsuspecting visitors' computers. Sunbelt Software first discovered the malware on a Russian porn site late Friday. The company believes the exploit will soon become a lot more widespread on the Internet. |
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'Missed Call' Mobile Phone SpamDid you get a missed call on your mobile phone recently? Beware! It could be an unscrupulous marketeer trying to trick you into calling them back at your expense to listen to their pre-recorded advertisement. |
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Warning for Home Building Society (HME) Shareholders14 Sep 2006 - Direct Share Purchasing Corp, a company controlled by David Tweed, is out exploiting uninformed (often elderly) shareholders again! Beware of its unsolicited offers to buy your HME shares! The offer price of $10 per share is much lower than the actual market price (around $14.50 at the time of publishing)! |
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Hoax Email: All Australian Banks Will Be Closed12 Sep 2006, The Age - An email warning that Australian banks will be closed this week is a hoax designed to allow criminals access to sensitive personal information, The Australian Bankers' Association (ABA) says.
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12 Sep 2006, SMH - An investigation into a spam ring that has allegedly sent more than two billion emails to promote Viagra products has been launched in Australia after authorities seized evidence from a local residence. |
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How to Detect A Scam Email7 Sep 2006 - Phishing scammers are becoming more ingenious and are casting a bigger net. In the past, email scams contain only text and are mainly targeted at the customers of Australia's 4 major banks only. Not anymore. Smart scammers now include real bank logos, contact numbers and even legal disclaimers and security notes in their scam emails to make them look more genuine. Smaller banks such as Suncorp-Metway, a predominantly Queensland bank, are now targets of phishing scams too. |
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3 Aug 2006. The Age - More than 10,000 Australian computers have been infected by the Haxdoor trojan virus - invisible to most anti-virus software - that is transmitting their owners' private details to identity thieves.
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25 Jul 2006 - A phishing scam email, that started circulating on the Internet today, asks CBA customers to fill in a survey in return for a $25 reward. The reward is promised to be credited to the customer's bank account. The Commonwealth Bank advises its customers not to respond to the email but to delete it immediately.
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24 Jul 2006, Symantec - Symantec Security Response is advising Internet users to take extra precautions when opening emails purportedly from online retailers. The email message indicates that an attached file is the invoice for the order, but instead it contains a backdoor trojan virus, and if executed will compromise the user’s computer. |
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12 Jul 2006, ASIC - ASIC has urged shareholders in Investa Properties Ltd to be wary of an offer from Direct Share Purchasing Corporation Pty Ltd to buy their securities for less than half their market value.
Investa shareholders have been offered $1 per security – an amount well below current market value – from Direct Share Purchasing Pty Ltd, a company associated with Mr David Tweed.
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Gmail phishing email lures with $500 cash prize
A widespread phishing email campaign is trying to trick Internet
users out of money by pretending to be a random cash prize from Gmail.
The emails claim that the recipient has been randomly selected for a
$500 cash prize, and that the money can be automatically paid to them
if they click on the embedded web link.
The link leads to a bogus Tripod-hosted website. The fake web page says that there has
been a problem sending the payment, and asks victims to enter their
details and pay a membership fee of $8.60.
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10 Jul 2006, ASIC - Fake company internet sites offering discounted domestic flights are the latest scams to hit Australian consumers, prompting ASIC to issue a warning about scammers posing as registered Australian companies. |
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23 Jun 2006, ZDNet - A SMS text message is sent to the targets' cell phones, thanking them for subscribing to a fictitious dating service. The message states that they will be automatically charged a fee of $2.00 per day via their phone bill, unless their subscription is cancelled online. |
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Mobile phone SMS scamsSMS scammers and fraudsters rely on the ignorance and curiosity of mobile phone users to slug them with charges they would not notice until they receive their mobile phone bill. By replying to unsolicited SMS messages such as free ringtone offers, flirting or "you have won a prize" messages, you may be unknowingly agreeing to premium SMS charges. |
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15 Jun 2006, AusCERT - A new malicious email with subject line "National Bank goes bankrupt?!" is currently in circulation, offering a link to a web page for further information. Any users visiting this web page will be targeted with exploits for both Internet Explorer and Firefox, in order to automatically install trojan software on the user's computer. Simply visiting the page with a vulnerable web browser is sufficient to infect the computer.
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13 Jun 2006, ZDNet - A new virus, named Yamanner, has hit Yahoo web-based mail. The Yamanner virus arrives in Yahoo mailboxes bearing the subject header "New Graphic Site". Once the message is opened, the computer becomes infected and the worm spreads itself to people on the Yahoo e-mail contact list.
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8 Jun 2006, ZDnet - A phishing e-mail, which contains a realistic Google logo but with the two "o"s replaced with blue Viagra pills, was spotted by Internet security firm Surf Control's threat centre Thursday afternoon. The scam e-mail points Internet users to a fictitious Google Pharmacy.
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7 Jun 2006, ASIC - Reports of a phoney company operating out of Sweden have prompted ASIC to reissue its warning to the Australian public regarding scammers posing as overseas stockbrokers and investment managers.
Known as ‘Stonewall Finance Limited’, the illegal outfit is encouraging unsuspecting Australians to purchase shares in an offshore company, ‘Australian Biofund Investments Ltd’ via unsolicited telephone calls and emails.
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5 Jun 2006, SMH - A number of viruses and trojans have already been sent out via spam to fool users into thinking they are linking up to one of the many internet sites cashing in on World Cup fever by offering relays, scores and results online. |
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5 Jun 2006, The Age - AMP shareholders have been warned not to accept the latest el-cheapo offer from David Tweed to buy their shares for almost half their market value. Some shareholders last week received an offer from Direct Share Purchasing Corporation to buy their shares in AMP for $5 per share, well below their value of $8.74 on the day the offer was launched in late May. |
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31 May 2006 - Phishing email scams have increased dramatically in the month of May. All 4 Australian major banks have been targeted. Internet users are warned not to click on the link contained in suspect emails. Remember, banks will not ask you to download an email attachment nor will they ask you to log on to the bank's website via a link in email. If you receive a suspect email, delete it. |
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31 May 2006, SMH - A new spyware program that lures computer users by claiming to give free access to pornographic web content ends up by "blackmailing" them into purchasing a program to clean the infection, a security firm said.
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29 May 2006, SMH - Ransomware typically takes the form of a trojan horse virus that holds personal computer files "hostage" and then then demands a ransom for their safe return. These ransomware trojans are most commonly picked up by browsing malicious web pages or clicking on links contained in spam emails.
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26 May 2006, SMH - Home users have been warned to take extra care when opening Microsoft Word attachments following the detection of a trojan horse that can exploit a vulnerability in the popular word processing program.
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Free Holiday Scam
Nicole was on the internet one day, using her home computer. A
pop-up appeared on her screen telling her that she had won a holiday to
the Bahamas, but that to retrieve her prize she would have to call the
number listed within 3 minutes. Nicole immediately called the number. A
female voice with an American accent answered the call and told Nicole
in an excited voice that she’d won the holiday.
‘The woman who answered the phone spoke very quickly and I was quite
excited about the prospect of a holiday. When she asked me if I
accepted the holiday, I immediately said “yes”. I was very excited and
my adrenaline was right up’, Nicole explained.
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3 May 2006 - Another round of phishing scam emails, targeting Commonweath Bank customers, is currently circulating on the Internet. |
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13 Apr 2006, ZDNet - After receiving a number of complaints from the public, ASIC's Executive Director of Consumer Protection Greg Tanzer issued an alert warning Australians to not fall for investment opportunities from some Internet-based firms including Never Ending Stori and Global Mutual.
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10 Apr 2006 - The National Australia Bank has been the target of a phishing scam that started circulating in the last few days. The public is advised not to respond to these emails but to delete them immediately. |
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25 Mar 2006, SMH - Of all the different security threats online, spam is the tool of choice for organised crime, according to Symantec. |
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Why clicking links in spam emails is a bad idea
24 Mar 2006, SMH - Do you know that by clicking on a link in a spam email you could be allowing hackers to take over control of your computer?
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20 Mar 2006, SMH - The Australian Securities & Investments Commission (ASIC) has warned consumers to ignore a scam promising them a share in millions of dollars that were lost years ago in the illegal Wattle Group investment scheme. |
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Dear Friend... Before I introduce myself, I wish to inform you that this letter is not a hoax mail and I urge you to treat it serious. This letter must come to you as a big surprise, but I believe it is only a day that people meet and become great friends and business partners. |
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9 Mar 2006 - A phishing email scam that first appeared in Oct 2005 is doing its round again. |
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Have you received an email out of the blue saying you've won a prize in an international lottery? |
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Have you received an email notice from your credit card company lately, requiring you to update your details online? |
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Government launches SCAMWATCH website to combat online scams
The most effective protection against falling prey to scams is to be
informed about them in the first place. The Australian Competition and
Consumer Commission has a dedicated website that informs the public
about common and the latest scams.
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1 Feb 2006, Zdnet - Microsoft in an e-mail on Tuesday warned users to update their antivirus protections against the Kama Sutra worm, the mass-mailing virus slated to begin corrupting files later this week. |
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1 Feb 2006. Sydney Morning Herald - Police are staggered by the amount of money Australians are losing to Nigerian investment scammers. |
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24 Jan 2006 - A fake email, purportedly from Australia's Reserve Bank, is urging people to reveal debit card details in a bid to counter money laundering and terrorism. |
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CERT's Guide on How To Strengthen Your Web Browser Security
This guide will help you configure your web browser for safer
internet surfing. It is written for home computer users, students,
small business workers, and any other person who works with limited
information technology (IT) support and broadband (cable modem, DSL) or
dial-up connectivity.
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6 Jan 2006, Sydney Morning Herald - People are being fooled into paying for the annoying calls generated by telemarketers, as mobile phones become the latest target for spam mail. |
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Warning on internet money transfer
Victorian police have put out a warning for people to be aware of an internet scheme involving money transfers.
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Investment Scheme to Reduce Tax? Watch Out!In the lead-up to the end of the financial year, you will find many advertised investment schemes point out of their ability to reduce your tax liabilities. Usually, these investment schemes are developed around the tax concession provisions in the taxation laws and mainly concentrate on the film and agricultural industries. Examples of agricultural schemes (also called primary production schemes) are radiata pine, blue gum, tea trees, olives or alpacas. However, some of these schemes are either illegal or do not make money-sense at the end of the day. Investments are supposed to make you money, not lose it. So watch out! Here are 12 common-sense questions you have to ask of any tax-driven investment scheme. |
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Study: 1 in 4 targeted in phishing scamsAbout one in four Internet users are hit with e-mail scams every month that try to lure sensitive personal information from unsuspecting consumers, a study says. |
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Virus Detection and Prevention Tips
Do you know that a new
Internet user is likely to have his or her PC infected with either a
virus or spyware within the first 20 minutes of usage?
Here are some tips to protect your computer!
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26 Nov, Sydney Morning Herald - The Australian High Tech Crime Centre has warned computer users not to open an email claiming to be from the FBI or CIA because it contains a damaging virus. |
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A family friend was offered an 'investment opportunity' returning 10% per month (120% per year) by someone in his church. Fortunately, the friend, who runs a successful mechanics' business, knows a bit about finance and refused. |
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27 Oct 2005, TechWeb - Virus writers, forever in search of opportunities to distribute their malicious code, are exploiting interest in the avian flu by circulating an email with an attachment that contains information about the bird flu epidemic - and a Trojan horse tucked inside. |
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26 Oct 2005, Sydney Morning Herald - A new email hoax has landed on Australian screens offering email users a free Sony portable gaming machine via a chain-mail message, which contains fake contact details and potentially dangerous links. |
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6 Oct 2005, ZDnet - An almost exact replica of the Yahoo Photos Web site has been designed to steal identities and infect user's PCs with malware. |
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9 Sep 2005, CNN - There are now some 2,300 Web sites advertising Hurricane Katrina relief services, and most of them are presumed to be bogus, the FBI said Friday. |
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31 Aug 2005, ZDnet - A Web site designed to look like an official Yahoo service offering free games is most likely designed to facilitate ID theft. |
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18 Aug 2005, The Age - Online criminals trying to pry passwords and other sensitive information out of companies have started using phony emails to pose as powerful executives of the targeted organisations, experts said. |
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17 Aug 2005, CNET News.com - A security flaw in Adobe Systems' popular Acrobat and Reader applications could be used to shut down or hijack vulnerable PCs. |
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Spywares and trojans in web freebies
30 July 2005, Sydney Morning Herald - Cyber criminals have found a
new doorway into our hard drives, this time under the guise of
seemingly friendly community sites, blogs and freebies.
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Hardly a day goes by without at least one advertisement in the newspapers for 'wealth seminars', including courses on trading shares, options and even more complex financial products. Beware of the spiel. |
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Sonia McDonald recently was handed a publicity flyer for a free investment seminar that promised her a chance of financial freedom and wealth. The flyer said she could get rid of her debts and make money safely. |
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8 July 2005, ZDnet Australia - Security experts have warned that a high-level outbreak of Trojan horse programs (Mytob email virus) is hitting networks around the world. The message carrying the Trojans reads: "Your e-mail account was used to send a huge amount of unsolicited spam messages during the recent week. If you could please take 5-10 minutes out of your online experience and confirm the attached document so you will not run into any future problems with the online service." |
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30 Jun 2005, Sydney Morning Herald - Unwary users who click on links in spam emails may unwittingly download software - or malware, as it is known - which can access account details and other sensitive information, as well as monitor computer usage without the victim's knowledge. |
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30 Jun 2005 - Mytob viruses are spreading very rapidly amongst Australian online surfers. Posing as the company's IT department or ISP of the recipient, the virus entices people to open an email attachment that could allow a remote hacker to access and perform commands on an infected computer. |
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29 Jun 2005, The Age - Two large Australian banks were today warning customers about a new email scam that may be targeting their accounts. The emails, which purport to be from either the National Australia Bank (NAB) or ANZ, direct customers to fake internet sites. |
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22 Jun 2005, Sydney Morning Herald - About 50,000 MasterCard holders and 77,000 Visa card holders in Australia are among the 40 million credit-card holders worldwide who may have been exposed to a fraud scam linked to a card-processing company, Card Systems Solutions. |
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15 June 2005, Sydney Morning Herald - Reports of internet fraudsters seeking to gain consumers' personal information for the purpose of identity theft have recently doubled, the nation's corporate watchdog says. |
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10 Jun 2005, Sydney Morning Herald - A phishing scam targeting the ANZ Bank this morning is using a common trick of hosting the files used for the scam on what appears to be a legitimate website. |
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1 June 2005, Sydney Morning Herald - Insurance Australia Group has warned its retail shareholders to brace themselves for another el-cheapo offer from market scammer David Tweed after one of his associated companies requested information from its share registry. |
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20 May 2005, Sydney Morning Herald - The US Census Bureau says it was able to shut down a scam which was using emails to direct people to a fake website in a bid to collect credit card numbers. |
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9 May 2005, MarketWatch - It's a common-enough tag line for chain letters and other e-mail that makes the rounds. Some of these missives are meant to amuse or inspire, some are simply junk. A few warn of dangerous traps for the consumer, from HIV-infected needles at gas-station pumps to new scams designed to steal credit-card information. |
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6 May 2005, Wall Street Journal - Japan is in a panic about a scam in which criminal groups act out highly orchestrated dramas over the phone. The crime has become so widespread it even has its own name: the oreore sagi, or, "It's me! It's me!" swindle. |
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4 May 2005, Sydney Morning Herald - A high-level alert has been issued today about the spread of the "Worms_Sober.S" virus, which makes recipients believe they have won tickets to the 2006 football World Cup. |
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8 April 2005, Sydney Morning Herald - The need for better banking security has been highlighted by recent phishing and other attacks. Banks claim their systems are safe, but are they, and who is responsible for losses? |
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PayPal is America's most popular online payment facility, and as such it is the biggest target for scammers. Chances are that you have received an email that purports to be from PayPal, requesting that you log on to their website to verify your details. Guess what? It is another spoof email. |
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If you have received an email from HSBC requesting you to log on to their website, chances are it is a scam email. |
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Promises of a sure path to financial independence through work-at-home scams, pyramid schemes that assure certain income in return for an initial and sometimes recurring investment, plus a variety of other phony business opportunities and franchises are among the most prevalent tactics swindlers use to prey upon those needing supplemental income. |
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New virus hits mobile phones
9 March 2005, Sydney Morning Herald - A new mobile phone virus - the
first of its kind - has started spreading via messages containing
photos and sounds.
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Offers To Buy Your Shares Without Brokerage FeeBeware of unsolicited letters offering to buy your shares without brokerage fee. The offer price could be much lower than the actual market price. Check out the newspaper or with your broker how much they are worth. |
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You Have Won A Lottery!Have you received an email out of the blue saying you've won a prize in an international lottery? |
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Stock Tips EmailStocks that are going to fly through the roof? Sounds too good to be true. It probably is.
Stock ramping through spam mails and forums are very common these days. The ramper typically recommends a stock and highlights its huge potential to rise in share price in the very near future. Some rampers even go to the extent of disguising their email as a professional stock report! |
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I want to deposit US$50 million into your accountIf you are attracted to read this article because of the headline and haven't heard of the infamous Nigerian scams, you should read ASIC's dedicated section on these scams. Over US$5 billion from gullible victims all over the world have been lost to scamsters. |
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Have you recently received an email purporting to be from Citibank requesting that you log on to their website? If you have, chances are it is one of many phishing scams circulating around on the Internet. |
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Have you recently received an email purporting to be from the Commonwealth Bank of Australia (CBA) requesting that you log on to their website? If you have, chances are it is one of many phishing scams circulating around on the Internet. |
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