Advance fee fraud is introduced in several ways. The connection between the various types of Advance Fee fraud is the demand for advance fees or payments before the promised transaction.

TYPES OF ADVANCE FEE FRAUD SCAMS

In all of the scam types listed below, the intended victim is eventually asked to pay a fee before a business transaction or transfer of money.

CONTRACT SCAM

Someone alleged to be the head of a government agency (i.e. Central bank of Nigeria, Nigerian National Petroleum Corporation, Debt Management Office, Nigerian Mining Corporation, Ministry of Finance, etc.) that has over-invoiced contracts and needs assistance from a foreign partner to move the money out of Nigeria.

WILL SCAM

• Deceased religious leader or philanthropist who has bequeathed his/her wealth to a Church or individual.
• Bank accounts abandoned by wealthy foreign businessmen who died in accidental circumstances. The need for someone to pose as the relative of the deceased and claim the money.
• Families (widows, sons, brothers) of former West African Presidents, politicians and Military Generals looking for help to transfer money bequeathed to them.

SECURITY DEPOSIT SCAM

Stolen assets (cash, gold, diamonds) deposited in a security company that needs to be transferred out of the country immediately.

DONATION SCAM

Donations offered to charitable or religious organizations. The beneficiary will need the service of the donor’s attorney to claim his/her money.