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I keep receiving mails from different ids, some promising money or business, while many ask for providing samples of my products to them. Once or twice I did send but I received no replies after that. Some of my colleagues tell me that they might be 409 or 419 frauds. Can anyone tell me what it means?
Money Management Consultants Ltd
New Delhi, India
Free Member, Joined :05/11/2007
No of Topics Posted : 113
Reply/Comments : 14
A $5 Billion worldwide Scam which has run since the early 1980's under Successive Governments of Nigeria. It is also referred to as "Advance Fee Fraud", "419 Fraud" (Four-One-Nine) after a formerly relevant section of the Criminal Code of Nigeria, and "The Nigerian Connection" (mostly in Europe). The Scam operates in the following manner: The target receives an unsolicited fax, email, or letter often concerning Nigeria or another African nation containing either a money laundering or other illegal proposal or you may receive a Legal and Legitimate business proposal by normal means. At some point, the victim is asked to pay up front an Advance Fee of some sort, be it an "Advance Fee", "Transfer Tax", "Performance Bond", or to extend credit, grant COD privileges, send back "change" on an overage cashier's check or money order. Once the victim sends the money, the communication stops and the victim is duped.
Free Member, Joined :06/09/2007
No of Topics Posted : 112
Reply/Comments : 9
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