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August 1, 2012 08:30 pm PDT

Desperate banks fall for the 419 advance-fee fraud

The FDIC has issues a special alert warning that America's debt-haunted, cash-strapped banks are falling prey to conmen working the advance fee fraud, the same scam used in the familiar "Nigerian prince" or "419" scam. The banks fork over big bucks to supposed high-flying investors who are supposed to come through with large sums in [...]


Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/K2Ot43KJqZE/desperate-banks-fall-for-the-4.html

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