How do gift/inheritance scams work? Eg. “Nigerian Prince” Scam

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Exactly what the title says.

How does contacting someone and telling them they are going to receive a large sun of money, end up scamming the intended ‘recipient’ out of money.

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6 Answers

Anonymous 0 Comments

“You’ve inherited a million dollars! I’m the executor, but I can’t access the money without paying $5,000 to the local authorities. If you send me $5,000, I can get the $1 million out of the estate and forward it to you.”

Mass email is cheap. If even 0.1% of people fall for this, the scammer makes bank.

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