Simply put, email phishing is a trap that has been set to catch the receiver unawares and get access for the sender to your financial information. Most of these type of email scams are easy to recognize but every day the scammers get more and more sophisticated with the emails they send out. These phishing emails, therefore, can become harder to recognize as time goes on.

How email phishing is being used is to collect your private information such as personal data and financial accounts data. Once he has these, the email scammer can then use your information fraudulently. He could go straight to the financial accounts you gave him information about and steal the funds within the account. Or he could use your personal information to set up ways whereby he can still get money but end up leaving you holding the bag such as taking out a credit card in your name.