Monday, June 20, 2011

The Securities Investor Protection Corporation, email and telephone phishing scam targeting investors, SIPC warns of investor phishing scam, protecting financial information from phishers - Financial Planning

The Securities Investor Protection Corporation (SIPC) is warning investors that a scammer -- or perhaps a group of scammers -- is preying on people who have already been victimized by previous investment scams, calling them or sending them unsolicited emails in an attempt to steal their money and their most sensitive personal and financial information.

SIPC officials said a number of individuals who have been targeted in this new phishing scam claim someone posing as an SIPC investigator called or emailed them, telling them that the agency had seized the assets of a company that had defrauded the potential victim. The scammer then asks the would-be, two-time victim to pay a fee and to provide certain personal information, after which the caller promises to return the investor’s lost money.

More at Financial Planning.com
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