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Fake Yahoo Lottery Scam Conmen Ordered To Pay Yahoo $610 Million

     
3:03 pm on Dec 8, 2011 (gmt 0)

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Fake Yahoo Lottery Scam Conmen Ordered To Pay Yahoo $610 Million [bbc.co.uk]
Struggling net firm Yahoo has won a bumper payout from a lottery but may never see the cash swell its bank account.

A US court has ordered conmen who ran a fake lottery using Yahoo's name to pay the net firm $610m (388m).

The scam involved emailing people telling them they had won a prize in Yahoo lottery.

Victims handed over personal details to receive cash prizes but had their bank accounts plundered instead.

4:55 am on Dec 10, 2011 (gmt 0)

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Not likely to collect the funds... also interesting is that Yahoo was used to promote the scam.