Understanding the 419 scam

The 419 or advance fee fraud is one of the most commonly perpetrated scams on the internet. The scam involves offering a large payout to victims if the victim makes a smaller investment. The number “419” refers to the article of Nigerian law covering this type of criminal activity. Don’t think that all these scammers are from Nigeria though. This type of fraud is a worldwide issue and con artists using this scam steal millions of dollars every year.
Criminals send an email offering payment to deposit checks or soliciting the victim to pay for legal fees to cover their expenses to send the victim an inheritance. In 2008, a US citizen lost $400,000 to a 419, after an e-mail told her she had inherited money from her long-lost grandfather. 419s are generally pretty easy to spot if you know what to look for. The messages stress the urgency of the request and the need to keep the transaction confidential. The criminal may claim to be a member of a foreign government or bank. Often victims will fulfill multiple requests for money or travel to a foreign nation where the criminals operate.
Report these scams to using webmail http://support.earthlink.net/articles/email/how-to-report-spam-fraud-and-phisher-emails.php