Saturday 16 June 2007

$1.3m lost in a Nigerian 419 Scam

Here's an example of how easy it can be to be scammed out of a large amount of money unless you're very, very careful. A Queensland lost over $1.3 million in legal fees, administrative charges and local taxes to forward a friends inheritance to Australia. They seem to have been reasonably careful checking out the bona fides of the scammers, flying three times from Australia to Europe where they had meetings with a range of people posing as government officials and providing authentic-looking forged documents. I'm just amazed that when large sums of money are involved people still try to handle things themselves. If I was in this situation the first thing I'd do was randomly select legal professional out of the phone book and get them to check things out thoroughly.

Enough Wealth

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