Nigerian - The 419 Coalition
Website The Nigerian Scam
A Five Billion US$ (to date) worldwide Scam which
has run for the last Ten Years under
Successive Governments of Nigeria. It is also referred to as
"Advance Fee Fraud", "419 Fraud"
(Four-One-Nine) after the relevant section of the U.S.
Criminal Code of Nigeria, and "The Fax
The Scam operates as follows: the target receives an
unsolicited fax or letter from Nigeria
containing either a money laundering or other illegal
proposal OR you may receive a Legal and
Legitimate business proposal by normal means. Common
variations on the Scam include
"double invoiced" oil or other supply and service contracts where
Guys want to get the overage out of Nigeria; crude oil and
other commodity deals; a "bequest"
left you in a will; and "money cleaning" where
your Bad Guy has a lot of currency that needs to
be "chemically cleaned" before it can be used and
he needs the cost of the chemicals. Or the
victim will just be stiffed on a legitimate goods or
services contract...the variations are very
creative and virtually endless.
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,
whatever. If the victim pays the Fee, there are many
"Complications" which require still more
advance payments until the victim either quits, runs out of
money, or both. If the victim
extends credit etc. he may also pay such fees ("nerfund" etc.), and then he is stiffed with NO
The Nigerian Scam is, according to published reports, the
Third largest industry in Nigeria. Our
research demonstrates rather conclusively that, in effect,
successive Governments of Nigeria
ARE the Scammers - therefore, victims have little recourse
in this matter, and monies stolen by
419 operations are almost Never Recovered from Nigeria.
Another Nigerian Scam Report
A client of mine from Korea just received a proposal from Col. Yusef Saraki in Nigeria claiming
that the Nigerian government was just overturned. The Col. is
presently under house arrest
and his assets have been frozen by the new regime. He
needs to transfer a total sum of
US$60M to an offshore non-resident bank account. In
order for him to do so he needs my
client to sign a document as "next to kin" and pay
$200.00 a day until the funds are wire
transferred to my client's account. Of course, Col. Saraki needs a "small" amount of
advancement fee (approximately 30 days worth) until the wire
transfer is completed. He
further claims that upon completion of the wire transfer to
my client, he will somehow find a
way to escape Nigeria and move to Korea with his family. He insists that this is a life/death
matter therefore, the entire
transaction must be completed within two weeks. He has provided
my client with a fax copy of the Bilateral Agreement between
Col. Saraki and the Securities
Investor Protection Corporation in Johannesburg, South Africa and some other "fake" affidavit.
I would appreciate your posting the above scam in your
website and alert everyone. Be aware
of this Col. Yusef Saraki individual and
Securities Investor Protection Corporation entity.
R. W. Bae - Attorney at Law - Dec
New Twist on Nigerian Scam
Nigerian Crime Syndicates have added a new dimension to the
fraudulent letter scheme known
as 'fraud 419' which has netted an estimated amount in
excess of one billion US dollars from
gullible victims since the worldwide scheme was first
reported in 1989.
Reports received by INTERPOL indicate that the criminals are
becoming so brazen and
confident that they are contacting earlier victims of the
fraud and are posing as Nigerian
government officials investigating the fraud in a so-called
attempt to get the victims' money
back upon payment of an upfront fee.
"INTERPOL wants to try and minimise
the potential danger of this new dimension to the fraud
scheme by warning victims to be on their guard against any
such approach," said Mr Serge
Head of INTERPOL's Communication and Public
"Up to now not a lot of success has been achieved in
bringing these criminals to trial and we
feel that proactive warnings and increased awareness
concerning this fraud scheme can possibly
limit the extent of the fraud," Mr
Sabourin went on to say.
The manner in which the crime is perpetrated makes
prosecution very difficult. The victims are
usually businessmen and other individuals from all over the
world who either receive letters or a
facsimile and are led to believe that a substantial commission,
payable in US dollars, can be
earned for allowing the use of their bank account into which
money will be transferred from
Nigeria. The commissions vary from two to 25 million US dollars.
The letters explain that the money is from delayed approved
contract payments by the past
civilian administration in Nigeria to certain companies which have abandoned repayment claims.
It alleges that the present military government is now paying these
previously frozen monies
but that the civil servants involved are apparently
attempting to keep the funds for themselves.
The signatories of the letters claim to be acting as
middlemen and request that the victim
supplies signed and stamped blank company letterheads and
blank invoices together with bank
details such as account numbers,addresses, telephone and facsimile numbers.
Upon receipt of replies together with the requested
documents, the victims are requested to
transfer the money to pay for transfer taxes, contract and
attorney fees allegedly demanded by
the Central Bank of Nigeria. Part of the advances are supposedly used
for bribing officials.
The scheme varies from oil transactions to claims on
deceased estates, the exportation of US
dollar bills in mint form, disposal of toxic waste and
Obviously, no money is ever received, resulting in a total
loss to the company or individual.
It appears that the countries bordering Nigeria are now being used for posting the scheme
letters and even to meet potential victims.
The Nigerian Federal Police have set up a special unit to
investigate the scheme but due to the
reluctance of victims to travel to Nigeria, prosecutions are difficult to institute.
The General Secretariat of INTERPOL maintain a file on
reported cases but, due to the
difficulties encountered in investigating such cases, active
measures are being taken to create
global awareness in an attempt to prevent people from
falling victim to the scheme. The
scheme has continued unabated and cases emanating from Japan are now being reported.
Mr Sabourin states that the prospect of receiving
commissions of millions of US dollars lures
individuals to participate in this scheme and it is clear
that the gullibility and greed of
prospective victims clouds their judgement.
"The first logical preventive measure to take is never
to divulge your bank account details or
any other personal details to anyone," said Mr Sabourin.
Any approach should be reported to the local police with all
documents received being handed
in. The local police can refer the matter to their INTERPOL
National Central Bureau (NCB), who
will in turn notify the Nigerian Federal Police