One common type of white-collar crime is known as a phishing scam. Many consumers are exposed to these scams, although they may not realize it at the time. The goal is to trick or manipulate consumers, often through text messages, voicemail messages, emails, social media messages or similar methods.
In general, phishing scams are designed to extract sensitive information by presenting a seemingly legitimate reason for the request. The messages often appear to come from reputable companies or corporations. This perceived legitimacy convinces the user to provide information they would never share with a hacker or third party, unwittingly giving access to sensitive data.
An example of how this might happen
While phishing scams vary widely — with specific variations like spear phishing or whaling targeting different groups — here is one common example:
A consumer receives an email that claims to be from a financial service, such as PayPal. The email informs the user of an issue with their account, stating that their bank account is no longer connected. It instructs the user to provide their bank account number to resolve the issue.
In reality, of course, the email did not come from PayPal. If the user submits their bank account information, the hacker gains access to their financial accounts, potentially draining them of funds or even stealing their identity.
Are you facing criminal allegations?
Phishing cases and other white-collar crimes can be complex and technical. If you’ve been accused of participating in a phishing scam, it’s crucial to understand all of your legal defense options and it may help to seek professional guidance from an experienced firm.
