August 2021 IDM Special Edition
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SCAMDEMIC: NO VACCINE IN SIGHT<br />
419– THE ORIGINAL<br />
INTERNET SCAM<br />
The “419 Scam” or “Nigerian Prince” scam, is one of<br />
the oldest tricks in the book. You may think this scam<br />
is fairly new, but in its infancy it was carried out via<br />
faxes and then letters. The invention of email has really<br />
helped these scam artists extend their reach globally.<br />
How it works:<br />
A mysterious person claims to have a way for you to get lots of<br />
money, all you need to do is pay a small fee upfront to get access to<br />
those funds.<br />
For example, a foreign prince wants to send you gold bars via the<br />
postal service, or through their “lawyers” but a small release fee is<br />
needed to facilitate some government paperwork. They ask if you can<br />
please pay this fee (or part of it) into an account they give you and<br />
then the deal can go ahead.