According to a recent report, some $12.7 billion was lost worldwide in 2013 alone to the so-called Nigerian scam, which is discussed in more detail below. Email phishing is defined by the online tech dictionary Webopedia as: ‘The act of sending an email to a user falsely claiming to be an established legitimate enterprise in an attempt to scam the user into surrendering private information that will be used for identity theft’ The Nigerian 419 Scam asks the recipient to help extract a large fortune from his/her home country.”]
Source: https://informationsecuritybuzz.com/news/away-fraudster-six-online-scams-avoid/