I keep getting emails stating I've won money, had a business proposal, someones died and left me money...etc.
Clearly they are phishing emails, i just want to know what they are going to achieve from getting my address? It never asks for bank details, just address and phone number. What will that get them?What are these phishing email's trying to achieve?
Phishing emails go after information that involves passwords, such as on-line banking or email account details.
What you are describing are 419 or advance fee frauds, where you will be asked to send money before you can be sent the imaginary money. The scammer may want to phone you and may want your address to send a fake check. Or he may just ask for the details he would need if it was a genuine transaction.What are these phishing email's trying to achieve?
Had you replied they would eventually ask you to send money by wire transfer to them to release a larger amount of money, an advance fee, only the larger amount of money doesn't exist. If you fell for that then they invent more and more 'fees' until you realise it's a scam or you run out of money. They wouldn't be able to do anything with your bank details, these people operate from internet cafes in poor countries.What are these phishing email's trying to achieve?
Sometimes, that is enough of a 'hook'. If they get a response at all, they know that the email address is 'live' and somebody is willing to respond Then, they can (a) send you even MORE crap and (b) sell your address as a 'live' one to other spammers.
They aren't going to ask for bank details in the first email or everyone would be suspicious and just delete it. They start by asking for simple things - and you think they can also get this out of the phone book so it's not any danger. But then they know you are gullible -- meaning they've already sold your address on to other scammers -- but then the real hook begins. They gather information in pieces so you don't become too suspicious. They may ask for a copy of your drivers license/passport to "prove" that you are actually have the same name as the "winner". Then they will ask for your bank account details saying they want to transfer the money to you. But instead they are clearing out your account
Once they have a copy of your passport or drivers license, if they are overseas they just set up a fake email address using a variation of your name (johnqsmith333@yahoo), email your bank saying they are you stuck overseas in a financial emergency. They "prove" they are you by sending the copy of your passport or drivers license you sent them, give the account number, and have the bank transfer your money to their bank. And once you discover it your bank won't refund you because YOU gave your bank account details and a copy of your ID to another person- you did not protect your privacy
If they are in your country, they can easily make a fake ID in your name but with their picture, walk into any branch of your bank, fill out a withdrawal slip with your name and account number, go up to the teller, show the ID, ask for the balance, then put that amount on the withdrawal slip and empty your account
Or they will just send you a phishing email that looks like it's from your bank saying there has been a system upgrade and you need to login to verify your account - and once you do you just gave your login to the scammer who immediately changes your password and transfers all the money out of your account
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