NIGERIAN 419 SCAM<br />
OVERVIEW<br />
Global Scam<br />
The global scam seen in following countries:<br /><ul><li>Russia
Southeast Asia
Australia
New Zealand</li></ul>and also in the US. which involves the receipt of an unwelcome letter claiming to come from somebody ...
In the letter, a Nigerian scam baiters claiming to be a senior civil servant would inform the recipient that he is seeking...
Nigerian Advance Fee Scam<br />
Nigerian Advance Fee Scam:<br /><ul><li>The Nigerian Advance Fee Scam(419 scam)had been existed around for quite a while, ...
In fact, the Financial Crimes Division of the Secret Service receives about 100 telephone calls from victims/potential vic...
 Nigerian frauds:<br /><ul><li>The Nigerian Advance Fee Scheme also known as nigerian frauds after the section of the Nige...
Scam email senders might even establish the credibility of his contacts, and thereby his influence, by arranging a meeting...
Upcoming SlideShare
Loading in …5
×

Nigerian 419 scam

1,850
-1

Published on

419 scam had been existed around for quite a while, but despite many warnings it continues to draw in many victims. In fact, the Financial Crimes Division of the Secret Service receives about 100 telephone calls from victims and 300-500 letter pieces of related correspondence per day about this 419 scam!

Published in: News & Politics, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
1,850
On Slideshare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
30
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Nigerian 419 scam

  1. 1. NIGERIAN 419 SCAM<br />
  2. 2. OVERVIEW<br />
  3. 3. Global Scam<br />
  4. 4. The global scam seen in following countries:<br /><ul><li>Russia
  5. 5. Southeast Asia
  6. 6. Australia
  7. 7. New Zealand</li></ul>and also in the US. which involves the receipt of an unwelcome letter claiming to come from somebody who claims to work for the Nigerian Central Bank or from the Nigerian government. The Central Bank of Nigeria actually denies all connection to those who promote this spam scheme.<br />
  8. 8. In the letter, a Nigerian scam baiters claiming to be a senior civil servant would inform the recipient that he is seeking a honest foreign company into whose account he could deposit funds ranging from $10-$60 million which the Nigerian government actually overpaid on some procurement contract.<br />Global Scam<br />
  9. 9. Nigerian Advance Fee Scam<br />
  10. 10. Nigerian Advance Fee Scam:<br /><ul><li>The Nigerian Advance Fee Scam(419 scam)had been existed around for quite a while, but despite many warnings it continues to draw in many victims.
  11. 11. In fact, the Financial Crimes Division of the Secret Service receives about 100 telephone calls from victims/potential victims and 300-500 letter pieces of related correspondence per day about this 419 scam!</li></li></ul><li>Nigerian frauds<br />
  12. 12. Nigerian frauds:<br /><ul><li>The Nigerian Advance Fee Scheme also known as nigerian frauds after the section of the Nigerian penal code which addresses fraud schemes is usually targeted at small and the medium sized businesses, plus charities.</li></li></ul><li> Goal of scammers:<br /><ul><li>The goal of the nigerian scammers is to delude the victim into thinking that he or she has been singled out to take part in a very lucrative, although questionable, arrangement.
  13. 13. Scam email senders might even establish the credibility of his contacts, and thereby his influence, by arranging a meeting between the victim and “government officials” in real or may be with fake government offices.
  14. 14. The victim who trusted thisnigerian scam email is then pressured or even threatened to provide one or more large sums of money to save the existing venture.</li></li></ul><li>Scammers-true facts<br />
  15. 15. Scammers-true facts:<br /><ul><li>scam baiters could be physically dangerous as well as dangerous to your finances.
  16. 16. Victims are roughly always requested to travel to Nigeria or to the border country to total a transaction. They are often told that a visa would not be necessary to enter the country.
  17. 17. 419 Nigerian scam artists could try bribing airport officials to pass the victims through Immigration and Customs. Because it is a very serious offense in Nigeria to enter without a valid visa, the victim's illegal entry might be used by the 419 Scam physimailers as leverage to coerce the victims into releasing funds. </li></li></ul><li>Recommendation:<br /><ul><li>Avoid these 419 scams like the disease!
  18. 18. Don't let promises of huge amounts of money impair your judgment?</li>
  1. A particular slide catching your eye?

    Clipping is a handy way to collect important slides you want to go back to later.

×