TranspactSecurity.com - Fraudulent

[CannyInvestor]

Transpact.com is genuine, Government authorized, and Europe's leading escrow service.

A fraudster has registered TranspactSecurity.com, which is fake and fraudulent, and is trying to get users to either send money or download a virus to their computer.

In one example, a car seller (fraudster) put an advert in the UK's Sunday Times newspaper for a high-eng car, and was contacted by an interested buyer. The seller told them that he wished to use Transpact.com for the transaction. This would be a sensible step (Transpact.com handles millions of pounds a year protecting car buyers and sellers).

But the criminal then sent an email from notify@transpactsecurity.com to the interested buyer of the car. The email looked like a standard Transpact.com email, but included the following:
'If you would like to confirm the transaction please download and install the TransPact Identity Validator which will enable our site to detect and prevent fraud by identifying your computer and enabling you to login safely to our website.

Please download and Install our security software in order to be able to securely log in using the following link:
http://www.transpactsecurity.com/Securi ... curity.zip

The TransPact Identity Validator uses the latest technology in terms of hardware fingerprinting and SSL Technology to accurately identify the real user on our website.

NOTE: You will not be able to login on the website without the security software installed.

After completing the security software install please go to http://www.transpact.com/ and
login using your generated login:'
(The software almost certainly will enable the criminal to take control of the machine it is installed on, and is probably looking for wealthy individuals, and will clean out their bank accounts and other investments by stealing bank and other passwords or log-on sessions)

Transpact.com does not use such an identity validator, and would never ask a user to download software.

Similar emails are circulating (mostly in connection with ads on Gumtree) asking the interested buyer to send money to Transpact.com's bank account, but the bank account listed on the email is the fraudster's bank account.

Genuine and safe Transpact.com actually has a statement on its front-page (and repeatedly on its website and on emails it sends out) stating never, ever trust an email.