Nigerian Prince Scams

Nigerian Prince scams, also known as advance-fee fraud, involve a scammer posing as a wealthy individual, often claiming to be a Nigerian prince or government official. They typically promise the victim a substantial financial reward in exchange for help transferring a large sum of money out of the country, requesting personal information or advance payments for taxes or fees. These scams exploit trust and greed, often leading victims to lose money while receiving nothing in return. Despite originating in Nigeria, similar scams can be conducted by fraudsters from any location. Awareness and skepticism are crucial for prevention.