American scammer Michael Neu who calls himself ‘Nigerian Prince’

    306

    [ad_1]

    Michael Neu, the Nigerian Prince, arrested in Louisiana

    A 67 year-old American, Michael Neu has been arrested by police in Slidell, Louisiana after he allegedly helped rip-off folks out of hundreds of .

    The scammer posed as “Nigerian prince”-in the e-mail scams and is believed to have Nigerian collaborators.

    Neu has been charged with 269 counts of wire fraud and cash laundering. In a Facebook assertion, police described him as a “middle man” who conned victims into giving up their cash in cellphone and on-line scams.

    Neu is accused of wiring a few of the cash he helped acquire to “co-conspirators” positioned in Nigeria. The police division didn’t instantly return a request for extra specifics on his alleged position.

    “Nigerian prince” scams are a sort of advance or upfront payment fraud, which means a scheme that tips victims into sending a “fee” on false pretenses. The scammers might promise more cash, items, providers or a particular deal in return. They may declare to wish assist transferring cash out of a particular nation. When scammers get the payment they requested, they disappear.

    The “Nigerian prince” variation, probably the most infamous variations of the rip-off, includes somebody presenting himself as a member of Nigerian royalty. The individual claims to wish assist, usually saying he wants to maneuver a big sum of cash out of Nigeria and promising that whoever helps him will get a part of the fortune. The scammers usually ask for cash upfront to pay “processing fees” or request the recipient’s checking account particulars to switch cash straight.

    Many of those scammers are certainly positioned in Nigeria, though scammers could also be based mostly all around the world.

    Slidell Police Chief Randy Fandal had a couple of phrases of warning for anybody receiving suspicious emails.

    “If it sounds too good to be true, it probably is,” he stated within the Facebook assertion. “Never give out personal information over the phone, through e-mail, cash checks for other individuals, or wire large amounts of money to someone you don’t know. 99.9 percent of the time, it’s a scam.”

    Research by Microsoft in 2012 discovered that although the “Nigerian prince” trope was well-known, 51 p.c of rip-off emails sampled have been nonetheless referring to Nigeria. Researcher Cormac Herley urged that mentioning a rustic strongly related to on-line scams truly made sense.

    “By sending an email that repels all but the most gullible the scammer gets the most promising marks to self-select,” Herley wrote.

    *Originally printed by Huffington Post

    [ad_2]

    Source