Here are scams to avoid!

• The Nigerian Fee Scam...Still Going Strong!

**introduction**

I thought that this scam had actually died out,
but I was wrong. Unlike certain mass-target
scams (such as the Chain Letter Scam) the
Nigerian Fee Scam targets business owners. This
email was sent to a friend of mine and he
forwarded it to me. Even if you don't run a
business, you should read the scam to get an
idea of what has fooled so many people...

Basically, the scam boils down to someone
claiming to be from the Nigerian Central Bank or
Nigerian Government requesting your bank account
details under the pretext that they have a huge
amount of money in Nigeria and need to "salt it
away" in foreign bank accounts. They will
deposit the money into your account and come
back for it later. You get to keep either the
interest accrued, a percentage of the deposit or
a flat fee (this varies). Once they have you
interested in the venture, they announce
unforeseen fees or taxes which you need to pay
before the money can be released. Each fees/tax
is said to be the "last" one, but never is. By
this method they milk your bank account.

This particular scam became very sinister when
an American was murdered in Lagos, Nigeria in
1995 as a result of becoming involved in it.

******************************** 
Start Of Nigerian Fee Scam Email
******************************** 
----- Original Message ----- 
From:  To: 
Sent: Thursday, March 23, 2000 2:20 AM 
Subject:URGENT PROPOSAL

CONFIDENTIAL

DR.  (Ph.D) 
VICTORIA ISLAND TEL:234 904***** 
FAX:234 904***** 
e-mail:  

22ND MARCH,2000.

ATTENTION: 

Dear Sir,

INVESTMENT/PARTNERSHIP RELATIONSHIP.

First,I must solicit your confidence in this
transaction.I am making this contact with you
based on reliable information available to
us,courtsey of internet business index and
confirmed by our local chambers of commerce and
industry,concerning your reputable
organisation.Thus we are convinced you would be
capable to provide us with a solution to a money
transfer transaction of US$36,400,000.00(Thirty-
six Million,Four Hundred Thousand United States
Dollars).

Source: During the last military regimes here in
Nigeria,government officials set up companies
and awarded themselves contract which were
grossly over-invoiced.The current civilian
government have constituted a Contract Review
Panel, and as members we have identified a lot
of inflated contract funds which are presently
floating in the Central Bank of Nigeria.By
virtue of our position as civil servants and
members of this panel, we cannot acquire this
fund in our names.We hereby solicit your
assistance to help take delivery of this funds
totalling(US$36,400,000.00)into your custody,and
you will be adequately compensated with 25% of
the entire sum.

It is our intention therefore,having your
understanding and co-operation to invest 70% of
this funds in products for world-wide
distribution,expansion of products manufacturing
plant and importation of agricultural and oil
prospecting equipment to sub-western region of
Africa.While the balance 5% will cater for all
local and foreign expenses incurred in
facilitating the transfer of this funds.

Our projection is to conclude transfer of funds
latest 5 to 9 working days from date of reciept
of the following information by TEL/FAX:234
904***** (your bankers name and address,account
number,your telephone and fax numbers).Our
perfected modalities is remittance of stated
funds as contract payment to your nominated
account.The requested information,will enable us
write letters of claim and job respectively.This
way we will re-award the contract in your
company's name and apply for payment of
outstanding claims.

However,it may interest you to know a similar
transaction by a colleague with a Turkish
national ended up in a traumatic experience,as
we would require a measure of guarantee,prior to
commencement,as we are hoping to build our trust
on sincerity of purpose and mutual
understanding.

Please contact me immediately you recieve this
mail by TEL/FAX:234 904***** thus signifying
your capability and willingness to enable me
give you additional details on our proposed
modus-operandi of getting this funds to you 100%
riskfree.

Again we look forward to doing business with you
and solicit your utmost confidentiality in this
transaction.

Your faithfully,

DR. . e-mail: 

(PLEASE DO NOT RESPOND BY EMAIL. RESPOND BY
EITHER PHONE OR FAX YOUR RESPONSE AND INDICATE
REF:YK/01 ).

******************************** 
End Of Nigerian Fee Scam Email 
********************************