Phishers Target New Victims on LinkedIn

June 1, 2008 – 5:46 PM

Users of the professional-oriented social networking site LinkedIn are being warned that scam artists are using the site to nab lucrative bank account information from naive victims, say security experts.

Advanced fee fraud — also known as “419 scams” after the relevant section of the Nigerian penal code — have become well-known to most e-mail users. The fraudster poses as a foreigner that has lucked into millions, but needs help to keep their money secure (one fraudster even pretended to be an African astronaut aboard the International Space Station).

As soon as someone is naïve enough to share their bank account information, they find that money is withdrawn from their account — not deposited, as promised.

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