Only a few days back I got a mail from one of my subscribers about how one of his friends have been recently made a victim of Nigerian Scams. He informed that his friend had got a mail promising him Grants and later was scammed $850 as fees to transfer that fund. Such stories can be heard throughout the world and emails with such fake Promises hit our mailboxes every day. Welcome to the world of Nigerian Scams, probably one of the oldest types of online scam going around.
Nigerian 419 Scam Alert
These type of scams are popularly called Nigerian 419 scams primarily because these scams had started surfacing from Nigeria and 419 is the legal section in Nigeria against such scammers. Although this had started in Nigeria, but it is now going on throughout the world and is still conning thousands of people every day.
This normally starts with an email hitting your Inbox, or a text message informing you that you are to receive a huge amount of funds from some source. The source varies, but the objective is the same. You may be informed that you have received a lottery which was done on random email IDs, you may be told that you have been selected for a grant, or you may be informed that someone has died in a distant country without any heir and the money can be transferred to you.
The objective is simple. They intend to use this hook as a bait to attract your interest. Once your interest is captured, they will do regular follow-ups telling you that how they have started the procedure of transferring the funds. Now once they see that you are too eager and have completely taken the bait, they will suddenly demand money in some format or the other. The most common method is to ask for advance fees for the transfer, or fees that have to be paid to the government for the transfer etc. They will be following up regularly to ensure that you pay the fees.
Once you have paid the fees, they may try a few more times to con you into paying more fees or may just be satisfied with the one-time haul. But you can be sure of one thing, there will be no money coming to your account. In case you have paid any money, then, unfortunately, it’s bad news for you. You have been scammed and you can now say bye bye to your dreams of getting rich overnight.
Remember, self help is the best help when it comes to protecting yourself from scams. Keep the following in mind whenever you see a financial offer:-
- Never send money or give Credit Card details to anyone whom you do not know or trust.
- Do not accept money for someone else, in return of a commission. Remember, receiving someone else’s money in your account is a part of money laundering and is illegal.
- If you have any doubts about an offer, it is best to avoid it. If still you are enticed, take advice from someone who you trust or someone with enough legal knowledge to help you.
- Do a search on the internet for any offer or name of person who is reaching you. Chances are you will find enough proof that you are to be scammed.
Most of all, remember if anything seems to good to be true, then it actually is a scam. Avoid such get rich quick plans and schemes and you will definitely be saved from scams.
If you really want to earn money online there are various legal ways by which you can do so. You can really build up an online business and make yourself a long term income source. I suggest you join my Free Course on how to identify scams and earn money online from legit sources. You can register for this course on my homepage. This is an absolute FREE course designed to help newbies understand how to fight scams and build an online business.
Let me know what you feel about my article by leaving a comment below, or mail me at email@example.com and I will get back to you. Stay safe, Stay protected.