What And Who Is Nigerian Prince Scam & Email

December 13
17:50 2018

Nigerian Prince Scam is an advance-fee scam is a form of fraud and one of the most common types of confidence tricks. 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.

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A decade ago, Fred Haines was wandering the Wichita airport looking for a Nigerian man hauling two chests full of cash.

After an hour of waiting and asking around, he finally came to the realization that the $65 million Nigerian fortune he thought he was inheriting was not coming after all.

What is now coming, though, is the $110,000 he had been scammed out of, thanks to the work of the Kansas Attorney General’s Office.

From 2005 to 2008, swindlers hoodwinked Haines, a self-employed handyman in Wichita, into spending thousands in pursuit of an imaginary inheritance from a Nigerian government official — a con known as the Nigerian Prince Scam. Haines re-mortgaged his house three times in the process.

Last year, in a settlement with the Department of Justice, Western Union admitted it knew some of its employees had conspired with scam artists to bilk people out of money and had failed to fix the problem. The company set aside $586 million to create a fund to refund victims across the U.S. and Canada.

This was already unusual, said Kansas Attorney General Derek Schmidt, because once money is wired, it’s typically gone forever. Scammers are often overseas and obscure their identity.

The problem, however, is no comprehensive list of victims existed.

All victims who’d sent money to hucksters using the service were able to request refunds, but only those who had complained to law enforcement or Western Union were notified directly of the settlement.

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About Author

David Chris

David Chris

David Chris is writer and a staff at Ngyab.com. He is also an internet guru who who loves reading and making new friends

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