Stock markets all over the world are seeing a downturn due to the current economy. The Indian markets were no exception to this trend until the Indian election results were declared. Political experts predicted that there would be a fractured mandate; however, the India Election 2009 resulted in a single party winning a majority of the seats. This means that the Indian population can now expect a stable government. This event set such a positive mood in the Indian stock market that it went up nearly 15 percent within seconds of opening on Monday, May 18, 2009. Taking into account that people may try to invest during this period, spammers are sending messages, discussing profits on investments based on their bogus tips.
These spammers claim to be the only research firm in India that delivers 100 percent accurate results. They also state that more than 5,500 people across India earned profits from their stock tips. They have been delivering a profitability ratio of 85 percent for last five years. Users should note that the related website is recently registered for period of two years. In the email, it is also instructed that if the user needs trial stock tips for the next business day, they will need to call or SMS the numbers provided in the email, and not send any emails.
Spammers have also added a disclaimer that India has no anti-spamming law, so they are following “the US Unsolicited Electronic Mail act of 2000 and the US directive passed in Bill 1618 Title III by the 105th US Congress”—although neither of them were actually enacted. A “Murk” disclaimer like the one used here is a sure sign that the message is spam. We would say that showing trust to such offers is not a wise decision.
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