At first I was reluctant to write an article on the widespread Nigerian rip-off scheme known as the “419”, but the fact that I keep getting these in my mailbox, coupled with new news stories every month about people getting taken in by this most obvious of ruses served to change my mind.
Now I knew this was a scheme the first time it showed up in my e-mail box, a letter from a wealthy foreigner who needs help moving millions of dollars from his homeland, promising you a substantial percentage of his fortune in exchange for helping him.
Of course the adage “if it’s too good to be true, it probably is” should be ringing loud and clear in your head by now, but every year thousands of people are taken in, blinded by the thought of instant wealth for very little effort. So they agree to the proposal. Almost on cue, however, something goes wrong. Paperwork will be messed up; officials will need to be bribed, always something requiring that they send some money to correct. But it’s okay, in light of the load of cash that is about to drop in their lap, they do it, viewing it as a small but worthwhile investment. The scammers will continue to use these “obstructions” until the victim’s bank account is sucked dry or the victim starts asking questions. Either way, you will never see your money again.
There are also variations on this particular con, some coming from churches or other organizations operating under the guise of transferring considerable wealth from one location to another.
The strength of this particular ruse is based on the expectation of incredible wealth. Who wouldn’t part with $5,000 if they knew they were going to get a few million out of it? The thing is, the payoff is never going to come. All this is designed to do is take your money from you, not put anything in your pocket. If the scammers can get a person to swallow the whole “I’m going to get something great” concept, then the fish is on the hook and ready to be landed and cleaned.
And it is a highly successful endeavor, with over $100 million in losses every year in America. Given the fact that many are probably too embarrassed to report being the victim of such an obvious con, it is only logical to expect that the actual figure is considerably higher.
What is even more amazing is that it is not a new occurrence; with variations on the theme dating back to the 1920’s and propagated by the Postal Service. The main location of many of these criminal efforts is…