Nigerian Scam - How Nigeria Scammers Operate And How To Beat Them

nigerian scam lagos nigeria africa

Nigerian scam has become worldwide news. Scammers take advantage of unsuspecting victims and con them of their hard-earned money.

If you have been a victim of Nigerian scam, you understand how painful it is to be promised high heaven return on investment and then to discover later that you have been taken for a ride.

Loosing money is not fun, especially when you lose money to heartless innocent looking and soft-spoken conmen. How do you escape the dragnet of the scammer?

How do you ensure you don't become another statistics in the huge database of people who have fallen prey to scammers?Let's review how scam artist operate and how you can avoid been one of their victims.

Nigerian scammers and, indeed scammers everywhere in the world, take advantage of the inherent human tendency to sow little and reap huge - the desire to invest little and earn huge. The desire to earn much more than you invest is not necessarily a bad thing. The very essence of investing is to grow your capital.

For example, people who invest in stocks do so because they expect to earn more than they invested in the way of dividend pay out and share price appreciation. Real estate investors sometimes make huge margins from real estate sale simply by buying low and selling high. So, there's nothing bad with the desire to make a sizable return on your investment.

However, what scam artist promise potential victims is much more than realistic return on investment. Nigerian scammers promise potential victims return on investment that is jaw-dropping.

For example, a scammer may promise his victim that if he invest $20,000 USD he will get an oil block somewhere in the Niger Delta that will pay him $2 billion USD in one year.

Small investment huge profit - that is what scammers use to capture the interest of potential victims. Below are a few other techniques scam artist use to get and hold the attention of potential victims and eventually scam them.

1. Promise of 50-50 split of stolen government money if the potential victim provides the amount required to bribe government officials

2. A message to potential victims that they have won huge sums in a lottery or promo and that they should pay a certain amount to complete official protocol before the money is released to them

3. A message to potential victims that a friend or relative have left behind a huge sum for them in an account in a foreign country

4. A message to potential victims that a close relative is seriously sick and needs a certain amount of money for urgent medical attention

Bottom line.

Con men take advantage of the potential victim's greed, weakness, or ignorance and use this information to the detriment of potential victims.

My advice?

If something looks too good to be true, it may just be a scammer at work. So, don't fall for it in a hurry.

Investigate what is being promised and how realistic it seems. And . . . don't be greedy for dishonest gain. If someone promises to share stolen money with you, that person is a thief. And, honestly, you shouldn't be doing business with a thief no matter how juicy it sounds. He has stolen from his government and now wants to steal from you.

Be wary of scammers. And decide from today to be honest and get involved with only honest and transparent transactions. That is the best way to beat scammers.

P.S: Have you been scammed? Or have you escaped been scammed? Tell your story using the form below.

Post Your Scam Story

Post your encounter with Nigerian Scam using the form below.

Help others avoid being scammed!

[ ? ]

Upload 1-4 Pictures or Graphics (optional)[ ? ]


Click here to upload more images (optional)

Author Information (optional)

To receive credit as the author, enter your information below.

(first or full name)

(e.g., City, State, Country)

Submit Your Contribution

 submission guidelines.

(You can preview and edit on the next page)

Scam Stories From Victims of Nigerian Scam

Click the links below to read the scam stories from victims of Nigerian scam. Listen and learn.

Scam Story From lisa fele from stoke on trent england 
met the girl on, chatted for 12 months then she said she wanted to be with me and wanted £2000 for flight, so called bta, i sent it then …

a man called Wayne Daniels (handsome wayne)1965 
it started off as the man u would call the man of ur dreams tried to sweep me off my feet asked me all kinds of ouestions pertaining to my past relationship. …

Nigerian Fraudster Through Online Dating Site. Beware They Are Out There. 
Met John Nelson through an internet dating site sounded really interesting but was away working in Nigeria but he had taken his 12 year old daughter with …

Insurance Scam And Online Dating Scam 
Sample Scam Email Letter - Insurance Loan On October 6 2009, I received the following scam email letter from a visitor to my site: "Please i want …

Scam Email Letter - Royal Dutch Shell Foundation Amsterdam Netherlands - Beneficiary Notification 
Scam Email Letter - Royal Dutch Shell Foundation Amsterdam Netherlands - Beneficiary Notification: I received this scam email letter on October 6 2009. …

Nigerian Loan Scam - The Romance Scam Intertwined With Loan Scam 
Nigerian Loan Scam - The Romance Scam Intertwined With Loan Scam: I met a man through Craigslist in 2007. At the time I was looking for a loan. …

Scammed by Allen Chantez Who Claimed He Knocked Down A Boy In An Accident In Lagos Nigeria 
I met a man named Allen Chantez (not sure if name spelt properly) on the internet in March 2008. His e-mail contact name was …

Lex Walker Enugu Nigeria scam Not rated yet
The Nigeria scam story of Lex Walker Enugu Nigeria: This incident happened when I was searching for a townhouse to sublease. And it relates to a certain …

The Strategy of Scammers - Offering You A Juicy Pie Not rated yet
I received a mail sometime back and the sender had a wonderful proposal for me. The sender said he was the son of a deposed president of one of the …

Click here to write your own.

Back To Home Page From Nigerian Scam

Subscribe To The Real Estate Guide newsletter for property news

Vacancy For Distributors
Click for details

Create A Website
Click for details

Real Estate Guide Magazine

Subscribe to the Real Estate Guide Magazine. Get FREE real estate investing tips.
Simply Fill the form below.

Your Email

First Name


Don't worry -- your e-mail address is totally secure.
I promise to use it only to send you Real Estate Guide.

wealth club nigeria

Portakabin For Sale

Online Business Training

how to earn one million naira per month lagos nigeria

Follow us on Facebook & Twitter:

follow lagos nigeria real estate advisor on facebook

follow lagos nigeria real estate advisor on twitter