Scammers Exploit Treasury Department

It is not unusual for cyber crooks to use various government agencies or officials to legitimize their scams, and now a scheme has emerged that misrepresents the Treasury Department’s Financial Crimes Enforcement Network, according to the FBI’s Internet Crime Complaint Center.

Victims report receiving an email claiming to be from the Treasury Department, stating their lost funds, which were stolen and diverted to a foreign account registered in their name, have been recovered.

“In order to avoid any further damage and loss of funds, we advise that you desist from further communication with this individuals [who stole the money],” the fraudulent email states. “Give to us full detail on the irregularities on your funds transfer. The United States government is making adequate arrangements to ensure that outstanding beneficiaries receive their funds.”

The email is signed by James H. Freis, deputy director of the Financial Crimes Enforcement Network, and requires victims to provide information that could potentially result in identity theft, the FBI said.

As always, these 419 scam emails are riddled with typos and poor grammar, a tell-tale sign they are not from whom they appear to be.

You may also be interested in...

Red Hat’s David Egts: Open-Source Training, ‘Sense of Mission’ Could Help Agencies Address Cyber Skills Gap

David Egts, chief technologist for Red Hat’s North American public sector, has said there are several options …

HHS, Industry Aim to Help Health Organizations Mitigate Cyber Threats With New Publication

The Department of Health and Human Services has released a four-volume document that outlines 10 …

Cloud-Based Identity Tools, Mobile Device-Based Authentication Among Cyber Market Trends to Watch in 2019

Some of the trends in the cybersecurity market to watch in 2019 include the availability …