Americans lost $703,000 last year to “Nigerian letter” scams or “foreign money exchanges” These typically start with an email from someone overseas who claims to be royalty. Over the past three years, ADT calculated that Nigerian letter-style scams have cost victims an average of $2,133. Overall, Americans lost over $26 million to scams last year, according to ADT Security Services. The best way not to fall for these is to recognize them for what they are, experts say.”]
Source: https://www.cnbc.com/2019/04/18/nigerian-prince-scams-still-rake-in-over-700000-dollars-a-year.html