One of the people behind the popular scam, Michael Neu, has been arrested by police in Slidell, Louisiana.
The scam consist of an email from a representative of a Nigerian Prince claiming the recipient is a beneficiary of millions of dollars.
The police in Louisiana has arrested an American advance fee fraudster posing as a Nigerian prince.
He is accused of acting as a "middle man" for a group of Nigerian scammers. Some of the money obtained by Neu was subsequently wired to co-conspirators in Nigeria.
Following an 18-month investigation, Slidell police say Neu participated in hundreds of financial transactions involving phone and Internet scams created to con money from victims across the nation. Your personal financial information is needed to "prove" that you are the beneficiary and to speed the transfer of your inheritance.
Police said it is hard to track since numerous participants operate outside of the United States, WGNO reported.
Slidell Police Chief Randy Fandal says the case should serve as a warning for people to be careful with their personal information.
While acknowledging the somewhat ridiculous nature of the scheme is now commonplace-even the FTC website mentions how the Nigerian prince scam is "the butt of late night jokes"-millions of dollars are lost to false princes and their accomplices ever year".
Police said if someone calls claiming to be an official of a government agency, your local utility company, a law enforcement official, or anything similar, ask for a callback number and verify the person is legitimate.
- At least 16 hurt in 7-alarm fire in the Bronx
- Extreme Cold Forces Schools To Delay Opening On Tuesday
- Apple may acquire Netflix, suggest Citi analysts
- Spotify Hit With Massive $1.6 Billion Lawsuit from Music Publisher
- Samsung Galaxy A8 now available for pre-order in South Korea
- Mega Millions jackpot reaches $363 million
- Haley says United States withholding $255 million aid from Pakistan
- Justin Timberlake Announces New Album Titled 'Man of the Woods'
- Carrie Underwood Reveals She Suffered A Devastating Injury To Her Face
- Apple To Replace iPhone Batteries Even If They Pass Genius Bar Test