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To: Jeffrey S. Mitchell who wrote (2692)	6/1/2002 3:11:24 AM
From: w molloy	Read Replies (1) of 12465

re AZNT posting, I've just come across your post (thanks to TLC). Its an imaginative twist on the Nigerian E-mail scam which has swindled millions (some say billions) of dollars from gullable (and greedy!) 'First Worlders' over the last 10-25 years. This e-mail scam may be the fifth largest industry in some West African countries. Its also known as the Advance Fee Fraud and the 419 Scam (named for the Nigerian legislation outlawing mail fraud). It started out as a letter and fax-based fraud, and migrated to the Internet, where it really took off. The set-up in these frauds is always the same . A large sum of Money has magically appeared (some examples "$28 million from a backlog debt of an over invoiced contract"; "$30 million in unclaimed contract payments"). The e-mail author wants to get hold of the money, but needs your help. They typically need your bank account, or have you set up a new bank account (if you are the suspicious type) to facilitate the transfer. For your trouble, they promise you a piece of the action. The hook takes the form of glitch of some sort. A government official has discovered the scheme - an advance fee or a transfer tax must be paid. Perhaps Credit verification is needed. Whatever the problem, the scammer always asks for a relatively insignificant amount of money to keep the wheels greased. A little here, a little there. Problems keep on cropping up until the victim gives up sending money or goes broke. Either way, the money has gone. The Nigerian scam has caught the attention of the authorities (better late than never!!) Its in the Internet Fraud Watches Top 10 (http://www.fraud.org/welcome.htm) and the Feds have set up a special e-mail address to report scam instances (419.fcd@usss.treas.gov) Other resources 419 Coalition (http://home.rica.net/alphae/419coal) The Nigerian Government Fraud Watch ( nigerianfraudwatch.org )

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