Online scams are Nothing New!
We have been dealing with scammers since the Nigerian discovered email!
Reprinted from LinkedIn
However, the scammer community, particularly that of Western Africa has discovered LinkedIn in a big way.
A little background first.
As the creator of what may have been the first dating site back in ’95, I have watched that world with interest for 20 years, and see how overwhelmed online dating is with fake profiles and rampant scams. Some estimate that as much as US$800,000,000.00 per year flows into the Nigerian economy from scamming alone. There may be another $500,000.000.00 into the rest of Western Africa. I am also the publisher of one of the top-three Anti-Scammer websites (RomanceScamsNow.com), which I began some years ago after a close friend lost over $20,000.00 to a Ghanaian scammer. I, and my staff have been watching this problem for many years evolve and explode.
In a recent survey conducted by our site of 30,000 of our site visitors, the overwhelming attitude is that online dating is flooded with scammers and no longer works. A message that has been born out in the most recent lawsuit against a principal online dating site, accused of allowing scamming to proliferate, since their business model is based on being able to justify fees based upon the total number of active profiles. This is the common model throughout the online dating business. Unfortunately, it appears that in that world self-policing has failed to both protect the businesses and their customers.
Scamming Moves To Social Media
It should come as no surprise that as the scammers grew more sophisticated that they moved into Facebook and Google+ in a big way. Some claim that as many as 20% of Facebook accounts are fake. While I think that number is lower, I agree that almost every Facebook user has encountered a scammer or fraudster, and usually on a regular basis.
In the case of both Facebook and Google+ the modus operandi is is for the scammer to create a profile, populate it with a couple of photos (single digit number to be sure), and start harvesting victims by friending or following people with large contacts. This is not only a method for trolling for victims, but it is also a means for them to impersonate one or more of those victims, since the scammer needs “identities” to operate. This is why it is so critical to have your privacy settings to lock down you details and especially your photos – scammer burn through a HUGE number of photos – an average scammer scam use over 1,000 impersonations in just 6 months. In the meantime, the victims face is identified as a “Scammer” across the world. In women, it is mostly Porn Stars and Models who’s photos are stolen, and in men the current trend is US & European Military stolen from social media.
Now We Come to LinkedIn
Over the past two years, the scammers have been testing the waters here in LinkedIn, with the result that they are making an aggressive push forward.
Currently, scammers on LinkedIn run the gamut, from traditional Nigerians, Ghanaians, and other West Africans, to Asians and Russians. Each type has their particular business model, and each has their conversion percentages. However, in almost all cases the fake profiles share similarities that you should be on guard for. Remember, they may not be after you, but they are definitely after your contact list!
Scammers on Linked exhibit similar characteristics to those on other social media sites:
- Recent profile creation
- Few contacts initially
- Little, and inconsistent history
- No recommendations
- Little or no participation in groups
- Odd language use (for the place the person comes from)
- Web links that are broken or see out of place
- Gmail or Yahoo email addresses (assuming you can see them)
- Scammers on LinkedIn take full advantage of the messaging system, unlike other forms where they try to get you off of the source site and onto gmail or yahoo mail.
In a recent case, I received an Inmail from a Dubai venture capitalist, asking if I was looking for seed money. He has a profile that looked “odd” in that this was a person in his 60’s yet only had 10 years of work experience in his profile. He also had inconsistent education history.
After doing a Google image search and using TinEye.com (the two most powerful ways to verify a scam is to use their photos against them, that and their emails); I discovered the photo was of a UAE Defence Minister. I contacted the US Embassy for the country the scammer said he was based in, and confirmed that is was a real business, but that the profile name had no relationship with it. The profile was reported to LinkedIn, and to their credit they removed it. They story had a happy ending, in that the UAE did track down this scammer, and now awaits trial for impersonating a minister of their country. However, this is a rare event.
In that case, the scammer was on a phishing expedition to obtain business financial information that could be used for creating credit accounts and other purposes, including personal identity theft. Just think about the information in your profile, and how that might be used to impersonate your identity.
LinkedIn, like Facebook, does have protections of a sort. Your greatest protection is to not “play the game” the scammer wants you to.
The following things are safeguards you should be using now!
- Keep your contacts private
- Keep critical details out of your profile if you can
- Never blindly accept connection requests – make sure you know the person, or their context, and confirm it with a message before accepting them – besides it is polite to say hi before connecting!
- Look at a person’s profile for clues about their real identity
- Never give endorsements to people you don’t actual