Decoding the Elusive 'FedEx' Scam: An Inside Look at the Tactics and Challenges

One type of spam that is going around lately is FedEx scam calls, which have been targeting people, and are also doing the rounds.
Most people have been victims of online fraud at some point in their lives.
For us to better understand this scam, Tejal Sinha partnered up with experts to walk through it and explain it to people in detail to make the case easy to understand what, when, and how it occurs.
The Internet has become a place full of scams, fraud, identity theft, and problems with online shopping.
People have experienced all of these problems at times.
Scammers are always trying to find new ways to trick people, so now, they are not only misusing big names to fool people, but they are also posing as law enforcement officials to scare people into giving them money, so it is more and more dangerous to give money to them.
There has been a cyber fraud campaign that has swindled a retired policeman out of Rs 9.14 crore over the past fortnight in which cyber fraudsters posed as police officers claimed a courier package delivered by FedEx in his name contained illegal drugs and that he had been involved in money laundering.
Several alarming incidents have occurred over the past few years in Bengaluru in which residents have been scammed in an attempt to impersonate FedEx employees and law enforcement officials.
Amit is the latest victim, a 52-year-old businessman living in HSR Layout, who lost Rs 1.98 crore as a result of the scam.
Typically, the scammers tell the victims that they will be placed in contact with the Mumbai Police Cyber Cell in response to their call, suggesting that there may be legal trouble imminent and potentially making them anxious and afraid.
To inform Amit that his name had been mentioned as a subject of a money laundering investigation involving the intercepted package, the man posing as the police officer then made a Skype video call with him, informing him of the arrest.
Despite having been unable to leave the Skype conversation for more than two days, Amit's wife was also engaged in a call with someone claiming to be from law enforcement and even his wife was part of that conversation.
Since the start of the year, Bengaluru police have been dealing with 163 cases of FedEx courier fraud.
Incoming Calls Can Be Concealed, People need to be attentive to calls they receive from unknown parties, especially those claiming to be FedEx representatives, law enforcement agencies, or other organizations they do not know.
People should always consider their privacy when it comes to sharing sensitive information over the phone, especially if they are not certain of the legitimacy of the person they are speaking with.
Verify if a package appears suspicious: If any person receives a call regarding a suspicious package, do not hesitate to contact FedEx directly by calling their customer service hotline or by visiting their verified website.
Victims should inform local law enforcement agencies as well as the Cybercrime Division if they suspect that they have encountered scams or fraudulent activity.
Make sure friends, family members, and colleagues are aware of scams and fraudulent schemes by sharing information with them.
The more people are aware of these scams, the more likely they are to be protected from them and to contribute to making the online environment a safer one.
CID is in the process of deciphering the methodologies and modus operandi of scammers so that they can locate their pockets and find out how they operate.


This Cyber News was published on www.cysecurity.news. Publication date: Thu, 21 Dec 2023 16:13:05 +0000


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