May 22, 2002 11:05 AM PDT
Six arrested in Nigerian e-mail scam
Potential victims receive an e-mail or letter telling them that the sender is trying to move a large sum of money and offering them a substantial percentage of the cash in return for letting it be deposited into their bank account. Anyone who expresses an interest is told they must first hand over some money to cover expenses such as banking fees and administrative costs. There are cases where American victims have lost hundreds of thousands of dollars through such advanced fees.
ZDNet U.K.'s Graeme Wearden reported from London.
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