The Nigerian Letter Scam, also known as the â419â Fraud, is one of the best known scams in the world. It has deceived hundreds of thousands of people and still continues to draw in many victims.
The scam was originally sent through a form of a letter and later developed as emails. The sender claims to be a relative of a high-ranking Nigerian government official who needs help transferring millions of dollars out of Nigeria, and offers a large percentage of the money to the recipient. The sender then asks the recipient to give out some personal information such as a blank letterhead stationery, bank name and account numbers, etc. and claims that these information are required so that the recipient would receive their cut. The sender even asks the recipient to pay an upfront fee to pay for bribes in order to get the money out of the country. After some time, the recipient will again receive several emails asking for more money to pay for some ridiculous costs apparently âneededâ to transfer the money. Some of the costs the senders will be stating are payment of taxes, bribes to government officials, and legal fees, all of which are described in great detail and will make the recipient convinced that paying the amount is necessary. In reality, the millions of dollars do not exist and the victim is left with nothing but a drained bank account. Whatâs worse is in some cases, the victim is asked to travel all the way to Nigeria to close the deal. The victim is then imprisoned. The Nigerian government is not kind to victims of these schemes, since the victim actually contrives to remove funds from Nigeria in a manner that is against Nigerian law.
Below is an example of of The Nigerian Letter Scam. (Some content or details may differ from others.)
ATTENTION: THE PRESIDENT/CEO
CONFIDENTIAL BUSINESS PROPOSAL
HAVING CONSULTED WITH MY COLLEAGUES AND BASED ON THE INFORMATION GATHERED FROM THE NIGERIAN CHAMBERS OF COMMERCE AND INDUSTRY, I HAVE THE PRIVILEGE TO REQUEST FOR YOUR ASSISTANCE TO TRANSFER THE SUM OF $ 47,500,000.00 (FORTY SEVEN MILLION, FIVE HUNDRED THOUSAND UNITED STATES DOLLARS) INTO YOUR ACCOUNTS. THE ABOVE SUM RESULTED FROM AN OVER-INVOICED CONTRACT, EXECUTED COMMISSIONED AND PAID FOR ABOUT FIVE YEARS (5) AGO BY A FOREIGN CONTRACTOR. THIS ACTION WAS HOWEVER INTENTIONAL AND SINCE THEN THE FUND HAS BEEN IN A SUSPENSE ACCOUNT AT THE CENTRAL BANK OF NIGERIA APEX BANK.
WE ARE NOW READY TO TRANSFER THE FUND OVERSEAS AND THAT IS WHERE YOU COME IN. IT IS IMPORTANT TO INFORM YOU THAT AS CIVIL SERVANTS, WE ARE FORBIDDEN TO OPERATE A FOREIGN ACCOUNT; THAT IS WHY WE REQUIRE YOUR ASSISTANCE. THE TOTAL SUM WILL BE SHARED AS FOLLOWS: 70% FOR US, 25% FOR YOU AND 5% FOR LOCAL AND INTERNATIONAL EXPENSES INCIDENT TO THE TRANSFER.
THE TRANSFER IS RISK FREE ON BOTH SIDES. I AM AN ACCOUNTANT WITH THE NIGERIAN NATIONAL PETROLEUM CORPORATION (NNPC). IF YOU FIND THIS PROPOSAL ACCEPTABLE, WE SHALL REQUIRE THE FOLLOWING DOCUMENTS:
(A) YOUR BANKERâS NAME, TELEPHONE, ACCOUNT AND FAX NUMBERS.
(B) YOUR PRIVATE TELEPHONE AND FAX NUMBERS Â FOR CONFIDENTIALITY AND EASY COMMUNICATION.
(C) YOUR LETTER-HEADED PAPER STAMPED AND SIGNED.
ALTERNATIVELY WE WILL FURNISH YOU WITH THE TEXT OF WHAT TO TYPE INTO YOUR LETTER-HEADED PAPER, ALONG WITH A BREAKDOWN EXPLAINING, COMPREHENSIVELY WHAT WE REQUIRE OF YOU. THE BUSINESS WILL TAKE US THIRTY (30) WORKING DAYS TO ACCOMPLISH.
PLEASE REPLY URGENTLY.
The best way to avoid this kind of fraud is to IGNORE THE LETTER. Do not reply in any way. You can delete it or you can forward the letter to the authorities if you wish. If you know someone who received the letter, advise them to do the same.
Kyle Hamion is the Affiliate Manager of 100 Grand No Selling. http://100grandnoselling.com/tg.html
Make 0,000 a Year Online Without Personally Selling Anything.
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