The Old Scams Are The Best Scams For Some Spammers?

from the coming-back-around dept

Every week or so we hear yet another story about yet another new spam related scam. Whereas email spam scams used to be confined to things like Nigerian advance fee frauds, they’ve been increasingly sophisticated phishing scams lately. However, it appears that some scammers simply can’t give up on one of the oldest spam scams in the book: the stock pump and dump. These have been around for many years, but apparently enough scammers still find them profitable. This is still somewhat amazing. Who actually takes investment advice from unsolicited spam emails from people they don’t know? It almost seems like anyone silly enough to jump into that game deserves to lose his or her money.

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