This variant of advance-fee fraud is widespread in India and Pakistan. The fraudster uses Internet classified websites and print media to lure the public for the installation of a mobile phone tower on their property, with the promise of huge rental returns. The fraudster also creates fake websites to appear legitimate. The victims part with their money in pieces to the fraudster on account of the Government Service Tax, government clearance charges, bank charges, transportation charges, survey fee etc.
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Mobile tower installation fraud
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Estimates of the total losses due to the scam are uncertain and vary widely, since many people may be too embarrassed to admit that they were gullible enough to be scammed to report the crime. A United States government report in 2006 indicated that Americans lost $198.4 million to Internet fraud in 2006, averaging a loss of $5,100 per incident. That same year, a report in the United Kingdom claimed that these scams cost the economy £150 million per year, with the average victim losing £31,000.
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One of the variants is the Romance Scam, a money-for-romance angle. The con artist approaches the victim on an online dating service, an instant messenger, or a social networking site. The scammer claims an interest in the victim, and posts pictures of an attractive person.
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The Indian government is issuing public notices in media to spread awareness among the public and warn them against mobile tower fraudsters. Many scams involve the purchase of goods and services via classified advertisements, especially on sites like Craigslist, eBay, or Gumtree. These typically involve the scammer contacting the seller of a particular good or service via telephone or email expressing interest in the item. They will typically then send a fake cheque written for an amount greater than the asking price, asking the seller to send the difference to an alternate address, usually by money order or Western Union.