Fraud 101: an introductory cause on fraud detection (part 2)

Dead Client/Husband: Here, a mail is sent to you purporting a confidential or private business deal; but for which a careful scrutiny would expose to be the opposite.

Firstly, a check on the so-called “private mail” will reveal that it was sent to individuals with similar email address as yours; that is, if yours is for instance, ilobiaustin@rocketmail.com, individuals with either IL or Austin in their address would also receive it. They get your email address using mail extractor and distributing the so-called private business letters using auto sender.

The letter will also claim to have emanated from the desk of a certain lawyer or banker-just any of those impressive desk; For instance, one among the many I received claimed to be from the desk of somebody with a certain Bank of Africa-though as a Nigerian, I do not need to verify such letters, because I am a Nigerian. You will do well to go online and check for the so-called bank or business web site by simply reading into Google search engine, “bank of Africa”. If it actually exists, send a mail to any of the email address listed therein, asking for the name and the designation of the name or better still, use any of the phone numbers therein.


How he got your mail address should interest you. If he got it through an “internet search”, you should also be able to search the net and see what it has to “say” about you that are “impressive”.

I came across some amount of money belonging to a deceased foreigner Mr.Sheu Yuan-dong who died with his wife and their only daughter on February 16, 1998 in a plane crash He was the Governor of Taiwan Central (Reserve) Bank:

He is the head of auditing and not the auditor. He, as the head receives and review audited statements, besides, as the head of auditing, he certainly must have met at least, one foreigner with whom, he can more easily with the risk of been double-crossed, arrange such deals. He did not rise to the position without some courses outside his native country-it is almost impossible.

And as for the deceased client, you can simply call the embassy of the country he is deemed to have come from to find out who he is.

But where he actually hopes to get you hooked on the so-called deal is through the imputation or suggestion that you could actually make away with the entire proceeds by requesting for your “assurance of trust that you will not deny my share when once the fund is transfer to your personal bank account”


Sale of government property: here, the claim is that there is government owned assets that has been arranged secretly to be disposed off. And need you to pose as the buyer. Then something else is later introduced.
Know this, there are no assets any where to be sold or disposed off in secret. In Nigeria, such assets that were disposed off under the last regime in a less than transparent and not secret manner, has either been revoked or been reviewed.

In Nigeria today, there is an Economic and Financial Crime Commission (EFCC) that has been working tirelessly under a new leadership towards eliminating unethical financial transactions. To get it email or phone number, search it name online or the name of the chairman, Mrs. Waziri Farida. They will be glad to hear from you about some suspicious mails you just received.

Above all, never hope for something for nothing. Earn your earnings and you shall be happy. Be very careful and very deliberate in evaluating schemes and deals that promise usurious returns.


Finally, the key word is this: if a proposal is too good to be real, it is probably so. Call the security of your country or that of the country where the proposal is emanating from.

Ilobi Austin runs an article and info marketing site. Visit for free articles on diverse issues @ www.vibratingaustin.blogspot.com or www.winnersdomain.blogspot.com for free information on healthy living