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March 25, 2004

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bob

We almost fell for the insyncsoft scam. I had my wife call the Czech consulate in New York and they told me it was a fake address. How did this Tina lose $3000.

Laura Seeley

The InsyncSoft scam is a variety of the relatively well-known Russian PayPal scam. A company says they operate out of Russia (or Ukraine, or some Eastern European country -- the exact country is not as important as making sure that many Americans would be ignorant of their monetary system). The country says that they can't use PayPal, and need an American to process their PayPal payments for them. Payments go through the victim's account, who in turn sends the money by wire to Russia (or wherever). In return, the American will receive 10% - 20% of the payments as commission.

The catch is, the American wires the money right away. The "payment" is promptly backcharged through PayPal, which then wants the money from the American. Depending on how much money they wire to Russia before the backcharging starts, they can lose a substantial amount of money.

The Web Guru

The Web Guru states:

i164 will be launching next week being the first search engine to cater to SEO professionals.

The search engine will be directed to the business, educational, and government communities.

Home pages will not be allowed.

SEOs desiring a new way to drive traffic may want to forget MSN and see what i164 will do for them.

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