Today sees the highly-anticipated IPO (Initial Public Offering) of the social-networking site Facebook. The IPO is expected to be several times oversubscribed as the demand for shares greatly exceeds the number of shares being issued.
The high-profile nature of this IPO has not escaped the attention of the “419” or the “advance fee fraud” scammers. As a brief reminder, these scams typically promise vast sums of money in exchange for assistance. However, before said sums of money can be received, several increasingly-inventive up-front charges and fees must be paid. The fees keep coming and the promised money never materializes.
We recently spotted a 419 scam message offering a "FACEBOOK (IPO) SUBSCRIPTION PARTNERSHIP PROPOSAL". The use of an all uppercase heading is a common hallmark of such 419 scams.
The scam claims to be sent from a finance firm with offices in multiple locations around the world. The exact nature of the...