They range from smaller startups to well-established players.
Let’s go over a few of these online payment services and check out the differences and why you might use one over another. Its interface is a mix of digital wallet and a social media feed.
American sources warn of the danger of accepting any invitation to visit Nigeria offered by these villains.
Many victims of the 419 scam do not have English as a first language and their judgement could have been clouded by these official looking websites - which seem to be introduced once a victim has taken the bait.
The "Fortune Trust Bank" ( of Amsterdam and the Cayman Islands and The "Bromwich Albion Bank" (?
Pay Pal has evolved into a massive, global payment institution, while Venmo retains its handy, quick-payment feel.
For instance, you won’t pay your restaurant bill with Venmo.
There are no checks on the status of people registering a company. "Independent on Sunday" newspaper (in the 29th June '03 Business section) reported the arrest of "Chief Emmanuel Nwude-Odenigwe" on a charge of defrauding a Brazilian bank manager of 242 million US dollars.
The Chief was arrested in Lagos, Nigeria where he had posed as the governor of the central bank in order to fool his victim.
As well as trying to fool you into paying an advance fee, they will use your personal information to clone your identity and try to access your accounts (or use your identity in a credit card fraud). Kamelo David representing the "Ministry" is asking permission to transfer over 30 million dollars to your personal/business account. Check it out while you can for a typical example of the "banking" websites to which potential fraud victims are directed. It's got to be FX Finance has (had) a website which publishes a London address, but strangely both the street name and the postcode seem to be invented!
Looks like the Amsterdam police missed one in their recent raids! I notice that the registrant of the domain name uses an American address and an anonymous e-mail contact address. Standardtrust Securities, 14/16 Wellington street, Birmingham United Kingdom. Since this note first appeared the street name has been corrected but there is still no building number (and guys - Berkely Street is not in the W1J postcode area! Could there be any relationship between this august financial institution and the advance fee fraud criminals?
He explains that, in order to liberate the supposed millions, the mark must pay a commission fee up front.
Needless to say, the Nigerian uses a false identity and the commission fee is lost for ever.
) The British press reports that Comfort Afolabi, a woman of Nigerian extraction but with British citizenship, while running a charity called the Detainee Support and Help Unit, put a BBC undercover reporter in contact with a criminal who could supply false documents.