Type of Scam

Advance Fee Fraud

Definition

A scam where victims are asked to pay upfront fees in order to receive a larger sum of money later. The promised money never arrives. Also known as 419 fraud or Nigerian Prince scam.

Real Examples
  • 1Nigerian prince emails offering millions in exchange for help
  • 2Fake lottery winnings requiring 'processing fees'
  • 3Inheritance from unknown relatives requiring 'legal fees'

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Other Glossary Terms