The Nigerian Prince scam is an advance-fee form of fraud and one of the most common types of confidence trick. This scam claims a Nigerian Prince or other members of a royal family are seeking help to transfer large sums of money out of the country. The scam typically involves promising the victim a significant share of a large sum of money in return for a small up-front payment, which the fraudster requires in order to obtain the large sum. If a victim makes the payment, the fraudster either invents a series of further fees for the victim or simply disappears. These scams are sometimes called "Nigerian Prince emails."
Please continue reading below.
While Nigeria is most often the nation referred to in these scams, they originate in other nations as well.
There are many variations on this type of scam, including the 419 scam, the Spanish Prisoner scam, the black money scam, Fifo's Fraud and the Detroit-Buffalo scam. The scam has been used with fax and traditional mail, and is now prevalent in online communications like emails. The number "419" refers to the section of the Nigerian Criminal Code dealing with fraud, the charges and penalties for offenders.
Please share with us what you know or ask a question about this article by leaving a comment below. Also, check the comment section below for additional information, if there is any.
Remember to forward suspicious, malicious, or phishing email messages to us at the following email address: info@onlinethreatalerts.com
Also, report scams, untrustworthy, or fraudulent websites to us. Tell us why you consider the websites untrustworthy or fraudulent.
If you want to quickly find answers to your questions, use our search ![]()
engine.
Remember to help us, help you, by donating. 🎁Click here to donate
Please continue reading below.