This website uses cookies to ensure you get the best experience on our website. Learn more

Transfer You

x
Transfer You
Transfer You
Transfer You
Transfer You
Transfer You
Transfer You
Transfer You
Transfer You
Transfer You
Transfer You
Transfer You
Transfer You
Transfer You
Transfer You
Transfer You
Address:
Johannesburg, South Africa

An advance-fee scam is a form of fraud and one of the most common types of confidence trick. The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster requires in order to obtain the large sum. If a victim makes the payment, the fraudster either invents a series of further fees for the victim or simply disappears. According to the Federal Bureau of Investigation , An advance fee scheme occurs when the victim pays money to someone in anticipation of receiving something of greater value—such as a loan, contract, investment, or gift—and then receives little or nothing in return. There are many variations of this type of scam, including the 419 scam , the Spanish Prisoner scam, the black money scam, Fifo's Fraud and the Detroit-Buffalo scam. The scam has been used with fax and traditional mail, and is now prevalent in online communications like emails. While Nigeria is most often the nation referred to in these scams, they originate in other nations as well. In 2006, 61% of internet criminals were traced to locations in the United States, while 16% were traced to the United Kingdom, and 6% to Nigeria. Other nations known to have a high incidence of advance-fee fraud include: Ivory Coast, Togo, South Africa, the Netherlands, and Spain. The number 419 refers to the section of the Nigerian Criminal Code dealing with fraud, the charges and penalties for offenders.
Continue reading...
From Wikipedia, the free encyclopedia.

Attraction Location



Transfer You Videos

Shares

x

More Attractions in Johannesburg

x

Menu