The
"Nigerian" Scam: Costly Compassion
Nigerian advance-fee fraud
has been around for decades, but now seems
to have reached epidemic proportions: Some
consumers have told the Federal Trade Commission
(FTC) they are receiving dozens of offers
a day from supposed Nigerians politely promising
big profits in exchange for help moving
large sums of money out of their country.
And apparently, many compassionate consumers
are continuing to fall for the convincing
sob stories, the unfailingly polite language,
and the unequivocal promises of money. These
advance-fee solicitations are scams. And
according to the FTC, the scam artists are
playing each and every consumer for a fool.
Here's the play book:
Claiming to be Nigerian
officials, businesspeople or the surviving
spouses of former government honchos, con
artists offer to transfer millions of dollars
into your bank account in exchange for a
small fee. If you respond to the initial
offer, you may receive "official looking"
documents. Typically, you're then asked
to provide blank letterhead and your bank
account numbers, as well as some money to
cover transaction and transfer costs and
attorney's fees.
You may even be encouraged
to travel to Nigeria or a border country
to complete the transaction. Sometimes,
the fraudsters will produce trunks of dyed
or stamped money to verify their claims.
Inevitably, though, emergencies come up,
requiring more of your money and delaying
the "transfer" of funds to your
account; in the end, there aren't any profits
for you to share, and the scam artist has
vanished with your money.
If You Receive an Offer
If you're tempted
to respond to an offer, the FTC suggests
you stop and ask yourself two important
questions: Why would a perfect stranger
pick you - also a perfect stranger - to
share a fortune with, and why would you
share your personal or business information,
including your bank account numbers or your
company letterhead, with someone you don't
know? And the U.S. Department of State cautions
against traveling to the destination mentioned
in the letters. According to State Department
reports, people who have responded to these
"advance-fee" solicitations have
been beaten, subjected to threats and extortion,
and in some cases, murdered.
If you receive an offer
via email from someone claiming to need
your help getting money out of Nigeria -
or any other country, for that matter -
forward it to the FTC at spam@uce.gov.
If you have lost money
to one of these schemes, call your local
Secret Service field office. Local field
offices are listed in the Blue Pages of
your telephone directory.
For
More Information
More information about
Nigerian Advance-Fee Loan scams is available
from the Department of Justice (www.justiceonline.org/consum/nigerian.html),
the U.S. Secret Service (www.secretservice.gov/alert419.shtml),
and the U.S. Department of State (http://travel.state.gov/tips_nigeria.html
or www.state.gov/www/regions/africa/naffpub.pdf).
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