Hook, Line and Swindle

<img src="http://live-diamond-certified-wp.pantheonsite.io/wp-content/uploads/jay-unplugged-6-17-16.png" alt="jay-unplugged-6-17-16" style="height: ;width: "/> You’ve probably received one of those spam emails from a Nigerian government official asking you to help with a complex financial transaction and quickly hit the delete button because it sounded so absurd. However, enough people from all over the world take the bait, which generates enormous wealth for some individuals. Law enforcement in the U.S. and abroad have had little success in shutting down these operations. The book’s main character, Kingsley Ibe, is a young man with a good education who doesn’t have the political connections to get a proper job in Nigeria. After his father dies, he feels an obligation to support his family and ends up working for his Uncle Boniface, whose nickname is Cash Daddy. Cash Daddy is making a fortune running an email scam empire. The story reveals the process, step-by-step, by which both gullible and greedy people are seduced into participating in the schemes. Readers also gain some insight into the victims’ behavior and a better understanding of how and why 419ers are such a large industry (some say the third largest) in Nigeria. You still might be asking yourself, “Who falls for this stuff?” Experts who’ve studied financial fraud agree that there’s no easy answer. Researchers find no correlation between a person’s age, race, gender, educational level or financial literacy and their likelihood of being ripped off by scammers like the 419ers. Different kinds of fraud seem to work on different types of people. One thing the experts do agree on is that consumers are less rational (and therefore more vulnerable to bad decision-making) when they’re in an emotional state of arousal. So, if you’re a little too excited about an offer, you’re probably not thinking clearly. That’s the best time to take a step back, seek advice from a friend or family member and do your homework before parting with any money. <a href="https://www.diamondcertified.org/" target="_self">Use Diamond Certified Resource to find top rated companies.</a> Related Articles <a href="https://www.diamondcertified.org/Guide/Savvy-Consumer/" target="_self">Your Guide to Being a Savvy Consumer</a> <a href="https://www.diamondcertified.org/find-expert-advice/" target="_self">Get Expert Advice From Owners of Top</a> <a href="https://www.diamondcertified.org/find-expert-advice/" target="_self">Rated Local Companies</a> <a href="https://www.diamondcertified.org/membership/" target="_self">Become a Diamond Certified Preferred Member (Always Free)</a> <a href="https://www.diamondcertified.org/find-top-rated-companies/hub/ca/san-francisco-bay-area/" target="_self">Find Top Rated Companies in the San Francisco Bay Area</a>