Dram Scam – Dram Antitrust Settlement
Dram Scam – Dram Antitrust Settlement
Ladies and Gentlemen, this is for your information so that you will not be taken in by these scammers who are trying to STEAL YOUR IDENTITY. Identity theft is the fastest growing crime any where and you should be concerned. It is said that in today’s world it is not a matter of “if” you will be a victim of identy theft, but “when”.
Below is just another example of what these criminals will try to do to get your information. Don’t be fooled. The following text is a SCAM to gather information about you so that they can steal your identity.
*** Please note the links have been taken out so that you do not
inadvertently follow them. ***
IF YOU PURCHASED DRAM IN THE UNITED STATES, YOU COULD GET BENEFITS FROM THE PARTIAL SETTLEMENTS.Three separate proposed settlements totaling $160,750,000.00 have been reached in a class action lawsuit concerning prices of DRAM with defendants: Infineon Technologies AG and Infineon Technologies North American Corp.; Samsung Semiconductor, Inc.; and Hynix Semiconductor Inc. and Hynix Semiconductor America, Inc. These are the first settlements reached in this litigation, which will continue against the remaining defendants. You may be a member of the Settlement Class whose rights may be affected by this lawsuit. The sole purpose of this notice is to inform you of the lawsuit so that you may decide what steps to take in relation to it.
You do not need to do anything to remain in the Class. Settlement Class members will be entitled to receive money from the settlement fund when it is ultimately distributed. If you want to exclude yourself from the Class, you must do so not later than October 3, 2006. Please read the Notice described in the next paragraph carefully for directions on how to exclude yourself. If you do not timely exclude yourself from the Class but want to object to any or all of the settlements, you must file a written objection not later than October 3, 2006. Please read the Notice described in the next paragraph carefully on how to object.
A more detailed description of this litigation and the proposed settlements are contained in the Notice of Pendency of Class Action and Partial Class Action Settlements (the “Notice”). The Notice may be accessed at www.DramAntitrustSettlement.com or obtained free of charge by writing to: In re DRAM Antitrust Litigation, c/o Rust Consulting, Inc., P.O. Box 24657, West Palm Beach, FL 33416 or calling the Class Administrator at (866) 483-9938.
To obtain more information describing your rights under the partial settlements, contact the Class Administrator by writing to: In re DRAM Antitrust Litigation, c/o Rust Consulting, Inc., P.O. Box 24657, West Palm Beach, FL 33416 or calling toll-free 1-866-483-9938.
To access the settlement web site, click on the following link: www.DramAntitrustSettlement.com.
- They start out with some sort of “high octane information” – like: you could be part of a lawsuit. That is the problem.
- You are somehow identified as a participant or former participant in this problem. In the world of internet and computers, thousands upon thousands of people have heard of DRAM or bought some over the years.
- They create fear and panic to the problem OR build on greed and desire. In this case to be part of a multi-million dollar lawsuit where you could be a recipient of the winnings.
- The final phase is the urgency to supply personal information or click on something that will take you to find out if you have benefitted by some action.
It is on the final stage that many are taken in. First, they remember they bought computer memory in the past. They think, “wow, I could be a recipient in this settlement”. Then they click on the link to find out more.
What needs to be watched here is the LINK. If you actually scroll over the link slowly you would notice (I took out link information) that the link they are telling you to view and the actual location you go to after you click on the link are two different things.
With this particular email it is easy to remember one thing about any kind of “class action lawsuit” or “settlement” email – THEY ARE ALL SCAMS!!! Why? Because no lawyer in the world and following procedure of law will send out an email to notify you of pending class action settlement and then ask for information or ask you to click on anything. It is that simple. They would notify you in writing.
The last thing to remember when trying to figure out if an email is a scam or not or whether you should click on a link you did not ask for is that most scams are in part, based on real information.
Is there a DRAM Antitrust lawsuit? Yes there is. But when I put in Google – “dram antitrust lawsuit” the first thing that should have popped-up was the “dramantitrustlawsuit.com” web site. It didn’t.
Just remember – be careful. If you ever have a doubt – don’t click on it.
Desktop and Laptop Computers…
I couldn’t understand some parts of this article, but it sounds interesting…
Thanks for scaring people away; those a little more trusting or savvy are getting 11% pro rata.
http://www.dramantitrustsettlement.com/dram/default.htm
Joseph,
Thank you for your comment. I appreciate your point of view even though I am not sure if you understood the article. If people were scared away from the actual DRAM anti trust suit then they obviously didn’t read the entire article and they missed the point of what an “email scam” is.
At the end of the article I stated: “Is there a DRAM Antitrust lawsuit? Yes there is.” However, Paypal is a real website also and people send out erroneous identity theft emails using “actual information from paypal website” in order to get you to click and get your information. That is what this article was all about. Someone was posing (a person hiding their real identity) in order to get information from the email recipient and steal their identity.
As in all identity theft emails the key point is this: “What needs to be watched here is the LINK.” That is the warning. If you scroll over a link with your mouse and it doesn’t match where the email is telling you it is going – DON’T CLICK IT! Even Paypal tells you to open up a new browser window and physically type in paypal so you know that you are going where you are suppose to go.
I apologize if there was any confusion in the email and that particular point was not clear. As we report EMAIL scams we will endeavor to be more precise and clear.
As far as the 11%: “The distribution checks will be approximately 11% of the dollar amount the Class Member purchased of DRAM” –http://www.dramantitrustsettlement.com/dram/default.htm
So if you paid $55.00 for DRAM – you will get approximately $6.00 – hardly worth three years of my time.
Thank you once again for your comments