DID YOU KNOW...
fraud, which usually originates in Nigeria, generally involves
a taxpayer receiving a letter which requests assistance in helping
a person to extract large sums of money from a foreign country.
The letter usually implies that there is a crooked element to
this and that the Government of Nigeria would not approve if it
The taxpayer is asked to send their banking information so that
a massive sum can be moved into their bank account. The fraudsters
then claim that they need a small amount for administration purposes
- and these requests continue and continue.
more information about the Nigerian Fraud mechanics see the
National Post, Wednesday, August 21, 2002, for a full-page analysis,
including a discussion with Paul B who admits he has thrown
away $500,000, lost his life savings, his mar-riage and his
tile business, is in trouble with Revenue Canada and still,
over coffee in a Calgary hotel, dials his cell phone and sends
off another $2,500. According to police, the Nigerian scam has
taken $10 million from Westerners, including $2 million from
a dozen people in Moose Jaw, Saskatchewan.
another case, Mr. D had sent over $1.9 million for items such
as "chemical de-coding of cash funds" and bail for a par-ticipant
who had allegedly been detained in Germany. In fact, he had to
steal from his employer to finance these expenditures for which
he was told he would eventually get over $10 million U.S.S.
respect to the theft from the em-ployer, the Court of Appeal in
Ontario noted that persons in positions of trust, who breach that
trust (such as employees), will receive jail terms in the range
of three to five years even if it is a first offence and even
if there were personal circumstances involved. The main purpose
is to deter, not sympathize.
ads promise a guaranteed loan for persons with a poor credit history
or no credit rating. Once contacted, the fraud-sters request an
up front processing fee. If paid, it will be gone, along with
the company, forever. The RCMP advise you to call 1-888-495-8501
(toll free) for more information or to report a possible fraud.
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is impossible to include all situations, circumstances and exceptions
in a commentary such as this, a further review should be done. Every
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