BEWARE OF FACEBOOK IPO SCAM, SAYS SYMANTEC

KUALA LUMPUR, May 23 (Bernama) -- If you are offered exclusive access to

subscribe to Facebook’s IPO shares, there’s a good chance that it is a scam,

said Symantec.

Symantec Security Response recently spotted a 419 scam message offering a

"FACEBOOK (IPO) SUBSCRIPTION PARTNERSHIP PROPOSAL".

The use of an all uppercase heading is a common hallmark of such 419 scams,

it said.

The scam claims to be sent from a finance firm with offices in multiple

locations worldwide.

The exact nature of the scam is unclear. The scam mentions loaning money

under ''soft'' or generous terms to buy Facebook shares and then selling them back

to the company at a price higher than the original purchase price.

Symantec said a strong indication that it is a scam is the email address to

reply to.

"It is an amateurish-looking address at a common free Web-based email

provider.

"A legitimate company would almost certainly use an email address from its

own domain rather than a free Web-based address," it added.

The email address and name in the "from" header of the message are also

different to the email address and name used in the message body.

Given the high profile nature of this IPO, Symantec expects scammers to take

advantage of it in the same way that they have done so with previous news

stories and events. -- BERNAMA

MSL AS

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