Templar
07-02-2009, 08:57 AM
Federal Reserve Bank Free Publications on Fraud :
http://www.richmondfed.org/banking/education_for_bankers/fraud_awareness/publications.cfm
http://www.richmondfed.org/banking/education_for_bankers/fraud_awareness/nigerian_letter/index.cfm
Overview
Named for the violation of Section 419 of the Nigerian Criminal Code, this is a sub-classification of an advance fee fraud scheme. Section 419 schemes involve scam artists who pose as business owners, lawyers, bankers, or foreign government officials needing assistance to move money from their country. The people contacted will eventually be asked for payments for taxes, money transfer fees, bribes for foreign government officials or legal fees to get the funds out of the country. Elaborate documents are created to explain these costs, along with guarantees that these fees will be reimbursed once the funds are released and out of the country. In addition to requesting monies, people may be asked to provide personal and banking information to facilitate the transfer of monies. This information could potentially allow unauthorized individuals access to the victim's banking accounts.
http://www.richmondfed.org/banking/education_for_bankers/fraud_awareness/publications.cfm
http://www.richmondfed.org/banking/education_for_bankers/fraud_awareness/nigerian_letter/index.cfm
Overview
Named for the violation of Section 419 of the Nigerian Criminal Code, this is a sub-classification of an advance fee fraud scheme. Section 419 schemes involve scam artists who pose as business owners, lawyers, bankers, or foreign government officials needing assistance to move money from their country. The people contacted will eventually be asked for payments for taxes, money transfer fees, bribes for foreign government officials or legal fees to get the funds out of the country. Elaborate documents are created to explain these costs, along with guarantees that these fees will be reimbursed once the funds are released and out of the country. In addition to requesting monies, people may be asked to provide personal and banking information to facilitate the transfer of monies. This information could potentially allow unauthorized individuals access to the victim's banking accounts.