Scam-baiting is a form of internet vigilantism in which the vigilante poses as a potential victim to expose a scammer. It's essentially grassroots social engineering conducted as civic duty or even amusement, a cross-cultural double bluff in which participants on separate continents try to outdo each other in an online tug-of-war for one's time and resources—and the other's private banking information.
The baiter begins by "biting the hook"—answering an email from the scammer. The "victim" feigns receptivity to the financial lure, engaging the scammer in a drawn-out chain of emails.
Making a living scamming the scammers
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Payback! Here's how to scam the scammers
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Regardless of how you are scammed, you could end up losing a lot of money. Online dating and romance scams cheat Australians out of millions every year. The money you send to scammers is almost always impossible to recover and, in addition, you may feel long-lasting emotional betrayal at the hands of someone you thought loved you. If you think you have been scammed, report it to the website, app, or social media site where the scammer first approached you.
If you think you have provided your account details to a scammer, contact your bank or financial institution immediately. We encourage you to report scams to the ACCC via the report a scam page. This helps us to warn people about current scams, monitor trends and disrupt scams where possible. Please include details of the scam contact you received, for example, email or screenshot. We also provide guidance on protecting yourself from scams and where to get help. Phishing Phishing scams are attempts by scammers to trick you into giving out your personal information such as your bank account numbers, passwords and credit card numbers.
Identity theft is a type of fraud that involves using someone else's identity to steal money or gain other benefits.
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These scams offer you the false promise of an inheritance to trick you into parting with your money or sharing your bank or credit card details. While these scams originated in Nigeria, they now come from all over the world.
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How this scam works Warning signs Protect yourself Have you been scammed? More information Related news From the web. Identity theft Identity theft is a type of fraud that involves using someone else's identity to steal money or gain other benefits.
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