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online trading stock and option dallas education online
Countries outside of West Africa with 419 warnings cited include South Africa, Spain, and The Netherlands. An advance-fee fraud is a confidence trick in which the target is persuaded to advance sums of money in the hope of realizing a very much larger gain. Countries in West Africa with warnings cited include Nigeria, Ghana, Benin, Côte d'Ivoire (Ivory Coast), Togo, Senegal and Burkina Faso.The advance-fee fraud is similar to a much older scam known as the Spanish Prisoner scam in which the trickster would tell the scam victim that a (fictitious) rich prisoner had promised to share (non-existent) treasure with the victim if the latter would send money to bribe the prison guards. The American Dialect Society has traced the term "419 fraud" back to 1992. Scammers in the early-to-mid 1990s targeted companies, sending scam messages via letter, fax, or Telex.The number "419" refers to the article of the Nigerian Criminal Code (part of Chapter 38: "Obtaining Property by false pretences; Cheating") dealing with fraud.Insa Nolte, a lecturer of University of Birmingham's African Studies Department, stated that "The availability of e-mail helped to transform a local form of fraud into one of Nigeria's most important export industries.The 419 scam originated in the early 1980s as the oil-based Nigerian economy declined."Embassies and other organizations
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