How does the Nigerian Scam Work?
Nigerian Scam, also known as the Nigerian Letter or 419 fraud. Although the Nigerian Scam derives its name from the country of Nigeria, forms of the Nigerian Scam have originated from other parts of Africa and Europe. Although the current form of the Nigerian Scam appears to have started in Nigeria during the 1970s, an early version called the “Spanish Prisoner Letter” has been around since the Middle Ages. Essentially, the classic form of the Nigerian Scam centers around a letter, fax or email allegedly sent out by the family of a wealthy Nigerian political figure who is currently exiled, imprisoned or dead. The family cannot access a frozen account containing millions of dollars, but the money can be deposited into foreign bank accounts. The family must find foreigners willing to receive a portion of this money for safekeeping. In exchange for this ‘white collar’ crime, the recipient is entitled to keep up to 40% of the total investment. Quite often, the Nigerian Scam email will cont
