Identify these financial scams and make your money safer

In the version that became ubiquitous online in the 1990s, the supposed benefactor is a Nigerian royal, government official, or business executive whose fortune is hostage to war, corruption, or political unrest.

This desperate personage needs only your bank account number (to transfer the money for safekeeping) or a relatively small advance payment (to cover taxes, bank fees, or well-placed bribes), or both. For your trouble, some of their millions will become your millions.

Of course, if you bite, your Nigerian “partner” will drain your account dry or string you along for more and more fees, until you finally get wise.

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19) Other People’s Money A corporate raider buys up shares in an undervalued company and falls in love with the founder’s son’s lawyer/stepdaughter. Let the battle begin. Recommended reason: This is a film adapted from a real story in the United States, from which you can learn about commercial law, …

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2) You are promised high returns with little or no risk No honest investment or business is built on quick, astronomical profits. If it sounds too good to be true, it probably is a financial scam.

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14) Nigerian Scams The “Nigerian prince” scam, also known as the “419” scam (named for the section of Nigeria’s criminal code dealing with fraud). Its roots go back to a notorious 19th-century swindle called the “Spanish Prisoner,” and the method of attack has progressed from letters and faxes to emails …