Spam Alert: ECGR (Bellatora Inc) Stock Scam

We're blocking a large ECGR (Bellatora Inc) email stock spam campaign today. These penny stock "pump and dump" scams are difficult for purely automated antispam systems to detect, leaving their users vunerable. Our 24/7 threat analysts saw and blocked this very quickly for our global customers. We'll probably follow-up later with a more in-depth analysis, but for now if you're NOT a SpamStopsHere customer, you might need to block these on your own.
How Pump and Dump Stock Spam Works

How Pump and Dump Scams Work

A Pump and Dump stock scam is a get-rich-quick scheme for scammers, not for legitimate investors. Often, the scammers are people who buy or own shares of an over-the-counter (OTC) "penny stock".

The Pump: The scammers broadcast fake news that the stock price is about to soar, giving one made-up reason or another. The message also has an urgency with a short timeline, like a matter of hours or days. Unwitting investors snap up the stock in the hope of getting rich quick, sending the price up. That's the "pump".

The Dump: When the price gets high enough, the scammers dump their shares, taking a nice profit, and often sending the shares plummeting as word takes hold and nervous victims flee. That's the "dump".

Email Stock Scams

Email pump and dump scams are very efficient and can be very effective. They are difficult for many automated antispam systems to block, because they often don't have strong spammy characteristics that traditional Bayesian heuristic algorithms use to identify spam. So, those systems tend to miss a lot of these and learn slowly.

How to Spot this Stock Spam

This campaign (so far) has two configurations. Both use a long subject with an all-text (no HTML) email. No links, no graphics and no attachments

Subject Lines

The two subjects we've seen, that you might want to look for are:

Subject: Let me tell you why this stock will go up 10x by next week.
Subject: Here's why this company's shares are about to go up tenfold next week.

Body

The body is simply a long paragraph explaining the sender's connections and why the stock price is about to soar and advising to not to tell too many people. Here is one:

Haven't heard from me in a while right? That's because I'm not one to waste your time. Whenever I do email you, it's because I've got something good. Really good. My good friend who works at the big VC out in NY invited me for a bite yesterday. Nothing unusual, we always eat lunch together right? However yesterday he gave me a really amazing piece of information and I want to share that with you...

It goes on and on, trying to lull the reader into a false sense of security, and then suggests buying up shares of "Bella tora Inc." with the symbol "E C G R". Both the company name and the stock symbol included extra spaces between the letters, probably to fool some antispam systems (not us).

Obviously, we're not making any value judgments about Bellatora, Inc or its stock (ECGR). They may both be perfectly legitimate. All we're saying is that you *might* want to check with your broker before making investment decisions from a free email that somehow found its way to you.

SpamStopsHere

We are able to block massive spam campaigns like this for our customers because our live threat analysts update the SpamStopsHere database every two minutes, 24/7. SpamStopsHere works in the Cloud, so spam filtering updates take effect immediately without the user downloading or installing anything extra.

If you're having trouble keeping up with threats like these, try SpamStopsHere FREE for 30 days. It blocks 99.5% of spam with zero-HOUR malware protection and almost no false positives (less than 0.001%). That's why businesses and professionals love our service.

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