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Okay some of you problably already know this, but im going to post it anyway.
You will need 3 things :
-A scammed account with a high level char on it
-Lootlink, Download it here http://www-en.curse-gaming.com/downloads/details/6592/
-A normal account that you own
Gaining the money
Okay so you got your scammed level 70 by one of all the great scams that are around on this forum. It's great if he has tailoring 375 as a profession, but without it it will work just fine ( yes ive tested ).
Now, go to a major city ( where they have /2 ).
What we are going to do is very simple, but I never see someone do it. You will post in /2 that you "Crafting Spellstrike Pants, Spellstrike Hood, Battlecast Pants, Battlecast Hood, 75G nether fee"
You can't craft these items, but that is no problem! For this we have lootlink, if you have already seen this item before then its all fine. If not, you will have to google for a lootlink database.
So you open up the trade channel ( /2 ), you open lootlink and you search for these 4 items and link them all.
Since you linked them people will think you can really make them, and you are level 70 too. Like 5% of the people will check your armory to see if you actually have 375 tailoring, but the other 95% will not and they will fall for the scam.
So they go to you, they hand you over the mats ( which are about 1.8k for the spellstrike items and a bit less for the battlecast ) and you send it to a level 1 on the same scammed account + a few gold.
IN THE TIME YOU HAVE SCAMMED SOMEONE, TRY TO SCAM AS MUCH PEOPLE BECAUSE THIS ACCOUNT IS GOING TO BE BANNED!!
Keeping the money
Okay so you got much money ( in mats ofcourse ) and the people have reported you for scamming them. Normally the account will get bannished and the items returned to the owners, but I know a way that will not happen!
So you have 2 accounts, the scammed account, and an account of your own.
Open 2 WoW screens and make a level 1 on your own account on the same server the scammed char is on. Go to the AH, and place with the level 1 ( scammed acc ) all the scammed items SEPERATELY on the AH for a damn low price, like 1g for spellcloth. Transfer everything you have from the scamm --> normal account.
Now to make it more secure, make another level 1 on your normal account and send all the items again to that char, and delete your other level 1.
And voila, the level 70 will get banned and you keep your mats which you can sell for $$$.
Beware, some GMS can do further investigation and you will get your normal account banned, but that can take like 3-4 weeks. In which time you sold your mats and sold your gold to a gold farming company for $$$!!