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 The Nigerian Scam

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Posts : 15
Join date : 2010-06-10
Location : UK

PostSubject: The Nigerian Scam   Sun Jun 13, 2010 9:36 am

I nearly got scammed when looking for a puppy

Some Internet scams are new.

Others simply use the new technology to reach more people.

The Nigerian Scam, also known as "advance-fee" fraud or simply 419 (for its statute in the Nigerian criminal code), is one of the latter. It began by letter in the early 1980s, before moving to faxes and then e-mail. As of ten years ago it was a $5 billion global industry, and by some reckonings it's still bringing $1 million a day into unscrupulous hands in West Africa. This scam, with its variations, is reportedly Nigeria's third-largest industry.
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