A risk-free proposition, kind sir:
An eight million pounds sterling transfer;
But to release the funds, please,
Pay the taxes and bank fees,
Then ten percent I’ll gladly confer.
419 fraud, so named for the applicable Nigerian Criminal Code article, are confidence money transfer or upfront payment scams. They bilk unsuspecting victims with empty promises of big payouts from lottery winnings, investments, inheritances or other unexpected and unlikely windfalls.