New York – Web Scam Targets Madoff Victims

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    FileNew York – Internet con men appear to be targeting victims of the Bernard Madoff scandal.

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    The Securities Investor Protection Corporation warned Tuesday that someone had set up a bogus Web site in an attempt to trick Madoff victims into turning over confidential financial information.

    The site mimics the legitimate one set up by SIPC, with the same green banner at the top and other similar design features.

    It purports to be from a group called the International Securities Investor Protection Corporation. It offers victims a chance to apply for $1.3 billion in cash recovered from a Madoff “hideout.”

    The group claims to be based in Geneva, Switzerland, but records show the site to be registered to an address in Lagos, Nigeria.

    SIPC said it is trying to have the site shut down.


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    3 Comments
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    Enough!
    Enough!
    14 years ago

    Why doesn’t someone just close down Nigeria! EVERY SINGLE SCAM COMES FROM NIGERIA!

    A. Nuran
    A. Nuran
    14 years ago

    If I were a good enough hacker I would have had the SAC turn Lagos, Kano, Ibadan and Kaduna into radioactive glass years ago. Every law enforcement agency and computer professional would have paid my legal bills.

    Reb Yid
    Reb Yid
    14 years ago

    Unfortunately, the same trusting nature and promises of riches that allowed them to be duped by Madoff will make them more likely to be duped here as well.