8 Internet Scams That Are Stealing People’s Money

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5) Nigerian e-mail scam

This scam has been portrayed on television and redundantly examined in news reports and it’s one of the oldest of all internet scams. However, this “oldie but goodie” still cashes in on the unwitting.

You may receive an email stating that the newly overthrown King or President of Nigeria, who is now in a very bad situation, needs to get out of his country immediately and can’t do it without help. Or possibly this incredibly wealthy foreigner is having legal issues issues that have tied up all his or her money and your help is needed in order to get those funds released. There are many variations on the story, but common to them all is that in order for this wealthy person to get out of their desperate situation, they are willing to give millions of dollars to anybody who is willing to help. And the help they request is for you to send money; maybe hundreds, maybe thousands. Needless to say, victims never receive any return on their money and the only time they are ever contacted again is when the scammer is trying to get more money.

This one is pretty simple to avoid.  Never send money to someone you don’t know, even if they are promising it will make you wealthy. If it sounds too good to be true, that’s because it is.