Nigerian fraud scammers are affecting unsuspecting people in all areas of the world, so it is very important to everyone that this information gets out there. There are a few ways this type of Nigerian fraud works, and each way is horrid for those unsuspecting people.
One of the biggest Nigerian frauds out on the internet of course is the emails, which tell the story of a long lost relative dying and they are unable to get the money. Therefore, the email asks you to open a bank account, so they can transfer money in there. The email goes on to say usually something to the effect that if you help them to get their money the Nigerian fraud scammers will give you a large sum of cash.
What really happens after an unsuspecting person opens their bank account, and sends the account number to the Nigerian fraud scammers is they use that account to open several accounts in that person’s name. These accounts are not only bank accounts; they are credit cards, and other types of accounts, which will cost the unsuspecting person far more then they can imagine.
Money will trickle into that account you open, it is money, which is from other unsuspecting people to send money to these people. The Nigerian fraud scammers them selves never put a dime into your bank account. You become part of an endless cycle of victims of the Nigerian fraud scammers and nothing else.
There are a few hundred different Nigerian fraud scammers circulating out there, so I am going to share those by using examples to help make it simpler for everyone to understand just how this fraud works, and is able to affect so many people.
Sue gets an email detailing how some one in a remote area father whom has died in recent months. This exact email which is sent to million of people, appears to have been written just for the intended recipient. Sue with a heart of gold decides to help these unfortunate souls (scammers) who need the money to live. Sue herself maybe be struggling with bills, and she sure could use some money so this seems like a great idea to help everyone and she has no idea it really is Nigerian fraud scammers.
Sue goes ahead and replies to the email, and soon sets up a bank account to receive the money. Sue’s name and home address are on the bank account, but as a good faith effort so is the Nigerian fraud scammer’s name and address.
Meantime the people, Nigerian fraud scammers are sending out lottery winning letters to lots of people including our other fictitious friend Bill and opening more accounts with Sue’s name on them.
Bill who is also down on his luck, gets an email telling him that his email address has been entered in a foreign lottery and he can collect his million dollar winnings if he sends a few hundred dollars to an person behind the Nigerian fraud scammers address. Bill goes ahead, sends money via a wire transfer from his bank to a foreign bank, sits back, and waits for his money to be deposited into his bank account.
The Nigerian fraud scammers then place Bill’s money into Sue’s account; the bulk of the money is placed in the one account to show good effort on the scammer’s part. However, some of Bill’s money is placed in the other accounts this Nigerian fraud scammers has opened in Sue’s name.
Now imagine several Sue’s and Bill’s all experiencing this same stuff from the Nigerian fraud scammers, and you begin to see how big of a problem this can be. If eight Bill’s were to give each scammer a thousand dollars and those scammers enlisted the aide of eight Sue’s and open ten to fifteen accounts and credit cards per each Sue then you have one heck of a stick mess, and lots of unsuspecting people getting ripped off by the Nigerian fraud scammers.
This does happen every day all around the world, too many hard working people are being ripped off by the Nigerian fraud scammers, and the more each of us gets the word out the better. If those scammers send out a million emails a day, which is quite possible with automated software and cds of email addresses, and only 1 percent of people answer that is a heck of a profit for the scammers.
If you do not think it can happened to you, think again, Nigerian fraud scammers are everywhere, and are sending emails. It happened in my little town with a population of 2,000, check this out http://www.morning-times.com/news/x325169969