Society Issues Fraud Advance Fee Fraud
19
The scheme usually works as follows:

* An individual or company receives a letter or fax from an alleged "official" representing a foreign government or agency;

* An offer is made to transfer millions of dollars in "over invoiced contract" funds into your personal bank account;

* You are encouraged to travel overseas to complete the transaction;

* You are requested to provide blank company letterhead forms, banking account information, telephone/fax numbers; You receive numerous documents with official looking stamps, seals and logo testifying to the authenticity of the proposal;

* Eventually you must provide up-front or advance fees for various taxes, attorney fees, transaction fees or bribes.

The leading host nation for this form of fraud at present is Nigeria.

Subcategories 1

Related categories 2

The "419" or "Nigerian" Scam
People in academia can be targets of advance fee fraud schemes too. Sample letter, bullet list of common features of a "419" scam, and FAQ. From University of Pennsylvania Computing/Information Security.
The "Nigerian" Scam: Costly Compassion
Federal Trade Commission alert on those polite letters from strangers in trouble, which promise a large financial reward for discreetly helping them.
The 419 Coalition
Devoted to fighting the advance money scam, in which victims are offered millions for allowing an even greater sum to be deposited in their bank account, but end up having their accounts drained or being fooled into advancing fictitious taxes, fees or bribes.
Advance Fee Fraud and Banks
Transcript of a talk on this type of fraud from a banker's perspective. [PDF]
Africanscam.co.uk
Information and links on 419 scams; correspondence and photographs from some scambaiting projects.
Artists Against 419
Provides information on fake bank sites and how to distinguish them from legitimate ones, along with announcements of monthly flash mob events aiming to shut down fake bank sites through bandwidth siphoning.
Brian Wizard
Offers free pdf-format books about fighting Nigerian 419 letter scams and email fraud.
ISCS Corporation and Receiver Corporation
Info about an alleged employment and job training scam running in Chicago.
Nigeria E-Mail Scam aka 419 Scam aka Advance Fee Fraud
Description of the scam's mechanics, history, senders' aliases, ways to easily identify the scam email, and related links.
Nigerian Scam
Snopes.com outlines the basics of this con, mentions variations, gives an example of a typical letter, explains how victims are taken in by this long-running scam. Links to further information.
Anatomy of a 419 scam
Detailed examination of how an American man fell for a fraudulent scheme operating out of the UK. [The Register] (July 09, 2004)
Crackdown on £8.4m African sting
The idea of the African elite offering untold riches to strangers via e-mail or fax may seem absurd, but the National Criminal Intelligence Service says that victims are losing millions of pounds. [Scotland on Sunday] (March 02, 2003)
The Nigerian Nightmare
Examines the 419 scam as well as its history, going back several decades. [Slate] (October 22, 2002)
I Crave Your Distinguished Indulgence (and All Your Cash)
The author describes the mass of offers he has received from African nations, offering him a share of millions, with a description of how the scam works. [Salon] (August 07, 2001)
[Slippery Road Mozilla]
Last update:
April 8, 2016 at 20:02:52 UTC
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