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Nigerian Scams


I will never understand how anyone could get sucked into the Nigerian scam. But they do, and by the droves. Because you can lose 10,000 dollars or more, we consider this a 5 skull scam. I think the scam is stupid and laughed when I saw it. It must have the ring of authenticity for some people because they lose their fortunes.

Not familiar with the scam? The story goes something like this:

You receive an e-mail from a desperate foreigner living under a fascist regime. They need to launder some inheritance money in order to get it out of the country. They plead for your help. A relative has over a million dollars and they are happy to give you a 10 percent commission if you assist them in setting up a fictitious bank account in Nigeria. They will wire the money into your account in order to make it seem like a normal business transaction.

But it cannot be a small lump of money because if they transferred a large lump sum into an account it would create red flags for the Nigerian government. So you better send 10 thousand dollars into the account temporarily.

Donít be stupid!

This is the craziest scam. It makes no sense. It is ridiculous. Donít do anything like this or any kind of any variation of this activity in any country!

Whenever you are asked to let go of your money to help someone, especially for some large lump of money in return- it is very likely a scam. This goes for gifting circles, Ponzi Schemes and the likes!

BSA gives this scam .
WARNING: You could lose your life's savings!

More info on the nigerian scam, goto:


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