Sunday, June 20, 2004
Nigerian Money Transfer Scheme
Experts are surprised people fall for the Nigerian scam even though it has received extensive media coverage. The Nigerian scheme is over ten years old but "spiked" in 2000 with the scam picking up more variations from more countries.
Nigerian scheme evolves, still claiming new victims.
The 45-year-old school bus driver expected to collect $50 million if she allowed three times that amount to be transferred to her bank account for "safekeeping."
SCAM: The Nigerian Advance Fee Scheme
The Nigerian Advance Fee Scam has been around for quite awhile, but despite many warnings, continues to draw in many victims. In fact, the Financial Crimes Division of the Secret Service receives approximately 100 telephone calls from victims/ potential victims and 300-500 pieces of related correspondence per day about this scam!
Indications are that the advance fee fraud grosses hundreds of millions of dollars annually and the losses are continuing to escalate.
Sample of NIGERIAN SPAM E-MAIL.
Nigerian scheme evolves, still claiming new victims.
The 45-year-old school bus driver expected to collect $50 million if she allowed three times that amount to be transferred to her bank account for "safekeeping."
SCAM: The Nigerian Advance Fee Scheme
The Nigerian Advance Fee Scam has been around for quite awhile, but despite many warnings, continues to draw in many victims. In fact, the Financial Crimes Division of the Secret Service receives approximately 100 telephone calls from victims/ potential victims and 300-500 pieces of related correspondence per day about this scam!
Indications are that the advance fee fraud grosses hundreds of millions of dollars annually and the losses are continuing to escalate.
Sample of NIGERIAN SPAM E-MAIL.
posted by Admin at 9:54 AM
