Business Standard

Yellen's 'scam'

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Business Standard New Delhi
Janet Yellen may have started tapering Ben Bernanke's quantitative easing programme when she took charge as Chair of the Federal Reserve but the scamsters have her generously dispensing cash to selected recipients of spam. On Tuesday, a tersely worded email in her name urgently demanded details of ATM cards and bank accounts to get funds from the Fed and the World Bank. A confidential email address was also provided for confirmation. The giveaways were the inclusion of the World Bank and the signature, which describes her as "Mrs Janet Yellen (chairwoman), Federal Reserve Bank New York". If the scamsters had done their homework, they could know that US Fed cannot possibly dispense money from a multilateral institution, and that the Fed is headquartered in Washington D C.
 

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First Published: Jul 08 2015 | 9:05 PM IST

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