Amway Warns of Bogus Internet Charity Scam
The goal of the scam is to trick people into sending money to the fraudulent charity. The bogus group sends an e-mail informing the recipient that he/she has been selected as a recipient of a grant to help establish a children's help center to assist poor children in the area. A nomination code number may be given, and banking information is requested. If the recipient responds, an indemnity bond of several hundred euros is demanded. The e-mails may be signed from "Dr. Kevin Brown" or someone else claiming to be a grant processing officer.
Fraudulent activities involving payment or release of personal financial information can be committed electronically from a remote location, including overseas. Committing these activities in cyberspace allows scam artists to act quickly and cover their tracks before the victim becomes aware of the theft.
Related News
-
Quixtar in the Chicago Tribune
Once a household name and reputedly the key to fortune for modern salesmen hoping to live out a Horatio Alger myth, the Amway brand faded from the American market years ago, tarnished by legal and regulatory problems.The direct seller of everything from health and beauty items to household cleane... Read More... -
Amway Warns of Bogus Internet Charity Scam
Amway Corporation (Quixtar in the U.S. and Canada) has discovered an internet scam that uses a bogus Amway charity as a lure. Amway cautions individuals to be on the lookout for e-mails from a group calling itself the "Amway Children Charity Foundation". Please be advised that this is not an Amway-... Read More... -
Quixtar Announces Fifth Year of Billion Dollar Sales
Quixtar Inc. today announced fiscal 2007 sales of $1.072 billion, the fifth consecutive year in which the company surpassed the billion-dollar mark. The results represented a slight decline from the previous year's sales of $1.12 billion, which were the best in Quixtar's nine-year history.Results... Read More... -
Amway Sues to ID Bloggers
The case could be called Amway versus the Internet, or some might argue, Amway versus free speech. The Ada Township-based multi-level marketing giant this week filed a sweeping suit in Ottawa County Circuit Court against 30 people classified as John Does for disparaging the company in blogs, onli... Read More...