Wednesday, 29 October 2008

Coalition aims to combat lottery scams

CONOR POPE

Two of the world’s biggest technology companies have formed an alliance with an African bank and financial-services provider to raise awareness of lottery scam e-mails.

The collaborative move by Microsoft, Yahoo, Western Union and the African Development Bank aims to help web users protect themselves against frauds in which victims are deceived into paying money up front in the hope of receiving non-existent gifts or cash prizes.

Many scammers misappropriate the name of the African Development Bank, communicate through bogus Yahoo email accounts and ask people to send them money via Western Union.

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