This phrase refers to a specific type of advance-fee scam, commonly delivered via electronic mail. These fraudulent messages typically involve a claim that the recipient is entitled to a significant sum of money, often presented as an inheritance or proceeds from a business deal. The sender, posing as a “prince,” government official, or other person of authority from Nigeria (or another country), requests the recipient’s assistance in transferring the funds out of the country. As an example, a message might state that a large amount of money is trapped in a Nigerian bank account due to government regulations, and the recipient’s help is needed to release it, in exchange for a share of the sum.
The importance of understanding this type of scheme lies in its prevalence and potential for significant financial harm. The benefits of awareness include the ability to recognize and avoid becoming a victim of fraud. This scam has a long history, evolving from traditional mail fraud to modern email and online variations. Its enduring appeal stems from the exploitation of greed and the promise of easy wealth, often targeting vulnerable individuals.
