Nigerian Prince Scheme

The Nigerian Prince Scheme is a type of scam where fraudsters impersonate a wealthy individual, often claiming to be a Nigerian prince or official, to convince victims they need help transferring a large sum of money out of Nigeria. They persuade victims to provide personal details or pay upfront fees, promising a share of the funds once the transfer is completed. In reality, there is no genuine money or prince; the scam aims to steal money or personal information. It exploits trust and urgency to deceive victims into parting with their resources.