Ever wondered why some scam programs are named “Ponzi?” The term “Ponzi” is derived from Charles Ponzi (pic on right), an Italian immigrant, who ran his original scams in Montreal before moving to Boston, where he initially worked as a clerk.
The aim of a Distributed Denial of Service (DDoS) attack is to paralyse online systems. Using a ‘trojan,’ the attacker is able to recruit unprotected hosts and build a network of compromised machines – often referred to as ‘zombies’ or ‘botnets’ – which can then
Pinoy Money Talk (PMT) chanced upon a site that takes the look of the original e-Gold site in an attempt to deceive users, with the intention of hacking accounts and stealing personal information. The fake site can be found at www.e-qold.com, as opposed to the
You saw an ad online about a program that seems to offer a dubious rate of return. 100% return in just one month? 50% interest rate in just one week? Are these real? These programs are called HYIP or High Yield Investment Programs. HYIPs are online
What is an HYIP? An HYIP (High Yield Investment Program) is an online investment program that typically offers very high returns on the capital invested. The returns are so high — sometimes reaching 100% return on investment in just one day — that most of