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Bizarre phishing scam ! - 5/19/2006 8:54:24 AM   

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In one of the most bizarre phishing scams to date, a fake Chase Bank email on the prowl warns users of ongoing phishing schemes.

The scam explains many modes of online frauds that are out to con them and directs the user to click on a link to report fraudulent emails.

Once they click, a form opens up that asks to put in their account details so they can move on to report any scam.

Anti-virus software developer MicroWorld Technologies said, this mail spoofing Chase Bank is an "upside-down" innovation in recent phishing baits.

If used in targeted groups, it can potentially compromise personal financial information of several account holders, said MicroWorld Technologies.

The mail starts off like this: "We want you to be aware of e-mail scams that attempt to steal your personal and/or account information."

“This mail is a masterpiece design from scam artists,” said Govind Rammurthy, CEO, MicroWorld Technologies.

He said over the last few years, there have been various schemes employed by fraudster gangs. There have been quite a number of clever ideas, but this one definitely takes the cake, said Rammurthy.

“It’s like hijacking your senses smoothly and completely, to force you to do something really stupid before you know what happened.”

Earlier this month, MicroWorld Technologies had reported another phishing attempt on American Express card holders using an advanced Trojan.

Source : CRN
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