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New 419-like scam may originate from Russia

A criminal element from Russia may be responsible for the recent spate of spoof e-mails that have attempted to con online-banking customers into revealing their account details.The scam is reminiscent of the infamous "419" scam emails, where the scammer offers large sums of money in exchange for assistance with transferring funds out of Nigeria or other countries, but experts believe that the new frauds originate from Russia.
Written by Munir Kotadia, Contributor
A criminal element from Russia may be responsible for the recent spate of spoof e-mails that have attempted to con online-banking customers into revealing their account details.

The scam is reminiscent of the infamous "419" scam emails, where the scammer offers large sums of money in exchange for assistance with transferring funds out of Nigeria or other countries, but experts believe that the new frauds originate from Russia. Read the full story on ZDNet UK.

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