Anatomy of a scam: how phone frauds harvest millions from us

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Offline Bugbatter

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The phone rings. You answer it and the voice on the other end says, “This is the Internal Revenue Service [IRS] calling about your delinquent taxes.” Your mind immediately goes to, “Really?” While the voice continues how a penalty is now due or an arrest warrant will be issued. And you don’t want to be arrested, so you listen and learn. You learn that if you pay the penalty, right now, all will be brought up to date and you will have additional time to sort out your delinquent status. Sound far-fetched? This scam happens every day. Indeed, it happens thousands of times a day.

When you think of this type of scam, our mind conjures up an image of a boiler room operation. And you would not be wrong. A recent review of the series of guilty pleas by members of an Indian and US based group of conspirators who defrauded at least 15,000 victims has been obtained by the US Department of Justice (DOJ).

Microsoft MVP Consumer Security 2006-2016
Microsoft Windows Insider MVP 2016-