What is meant by “Nigerian money transfer fraud”?
This fraud is also known as the 419 scam (named after the Nigerian court reference to this type of crime) Its basically an email sent to you by a person stating the following: 1 they have just found a large amount of money in an official government bank account. 2 they need your help to get the money out of the country. 3 if you give them various amounts of money to cover their costs, and you account details, they will place a percentage of the money (at least a few million dollars) in your account. 4 they will insist that this is very secret and not to tell anyone!! If you fall for the fraud, you will tend to loose a lot of money. There are variations on this (different countries, etc) but they are all the same!