Watch out for websites like this, disguised as a foreign website with no contact address. It is easy to setup a shopping cart using pirated scripts and "professional" looking graphics.

Five men, including two from London, have been jailed for their part in a £4.5 million global premium phone line fraud.

The gang admitted conspiracy to defraud in a scam where stolen mobile phone sim cards were used to make multiple calls to premium rate phone lines outside the UK.

Mohammad Butt, 42, of Claremont Road, Forest Gate, east London, Abrar Arshad, 35, of Oastway, Rochford, Essex, and Abiola Salami, 30, of Broadway Plaza, Francis Road, Edgbaston, Birmingham, were each sentenced to three years for conspiracy to defraud mobile phone company 02.

Two other men who admitted conspiracy to defraud the company were also sentenced.

OAKLAND -- Four more people have been charged in connection to a federal visa fraud investigation of the now-closed Tri-Valley University.

On Tuesday, Vishal Dasa, Anji Reddy Dirisinala, Ramakrishna Reddy Karra and Tushar Tambe pleaded not guilty in federal court on charges of conspiracy to commit visa fraud.

The president and founder of the Pleasanton-based school, Susan Su, was indicted by a federal grand jury in April on 33 counts, including conspiracy to commit visa fraud, wire fraud, money laundering, alien harboring and making false statements. She has pleaded not guilty.

According to court documents, the four were charged with crimes related to the school, which federal investigators say was a scam to help foreign students achieve legal immigrant status in the United States by paying "tuition and fees."

Apple has yet to announce the iPhone 5, much less ship it. However, there are many websites that start to put up this "iPhone 5" for sale.

Beware of this scam when you buy such branded devices from unauthorised dealers on the internet, warned CNET.

There is a link on Facebook offering to give away 1,000 iPads for free in memory of the passing of Apple's co-founder Steve Jobs. Please ignore it, as it is a scam.

- by Trend Micro

Reported:

Urgent.  People are being taken advantage of every day by a company called Century Photo Products.  I understand that they are under investigation - however, their website is still live and from what I understand they have several other names.

50% Off! Too good to be true?

"50% DISCOUNT ON ELECTRONIC GOODS!!! BUY HERE BUY HERE!!!!"

Christmas is coming around the corners and scammers all around the world are on the loose to scam money from you so that they can pre-order some turkey and sausages for Christmas.

Becareful when its too good to be true. Buy from the shop, not the "man" who claims to be.

According to police, a man hailing from southern India made his accomplices distribute hundreds of pamphlets in east Delhi claiming he was representing two major electronic brands and that these companies were offering 40-50% discounts this festive season.

"In the beginning, the accused began offering smaller electronic items at half the cost. Many customers, assured that they will get good returns, then began to make advance bookings. The shopkeeper claimed that he would deliver the costly items like laptops, LCD TVs, three-door refrigerators among others a day before Durga puja. However, on Saturday...

We are receiving several reports on scams reported at b2b trade websites but are hesitant about posting them here. There are always 2 sides of the story in any trading or transaction, so we will take it with a pinch of salt.

Thanks to a complaint from a ticked-off consumer and follow-up by postal inspectors, a South Florida businessman will spend 5 1/2 years in prison for running one of the biggest eBay scams in history.

Explain Phone Scam

Phone Scam is explained in this video sharing, including what to do if you are scammed.

Why is he doing this video in the snow?

A new gold dust scam email just arrived. This has been around for a very long time, and is also similar to 419 scam. In fact, you will end up paying for nothing, when you expected something they promised in return.

Please read our trade secret of how to identifying a hot scam on email, its a no-brainer.

This will help you save 80% of your time and money! Check out today!

If you are buying a business from online listings, becareful of scams. The listing provider does not screen through all the postings of businesses for sale.

In one particular example, we found a website called "retailhighstreet.com" with selling price of £18,450, and a sales revenue of £200 - 500k... does this make any sense?

The company, which police refused to name until investigations are completed, paid for advertisements in about 10 different magazines it did not order.