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  1. #1
    Join Date
    Sep 2003
    Posts
    83

    Nigeria - scam - Financial Adviser jailed

    http://www.news.com.au/common/story_...E26462,00.html

    Nigerian-scam adviser jailed
    By Christine Caulfield and Ian Royal
    November 5, 2004

    A FINANCIAL adviser has been jailed for at least four years after losing more than $1 million of his clients' money in a Nigerian banking scam.

    Robert Andrew Street, 58, then a licensed securities dealer, deceived clients into handing over retirement savings after being fooled by the scam.

    The County Court heard Street told victims he would invest their money in risk-free projects, but instead transferred $1,039,910 overseas to the frauds.

    Street had been hoodwinked by a person claiming to be a representative of a Nigerian government committee, who offered him $65 million on payment of certain "upfront fees".
    Last edited by kez; 11-04-2004 at 10:20 AM. Reason: fix link

  2. #2
    Join Date
    Sep 2003
    Posts
    4,778
    This scam has been going on for years. First the messages were sent by teelex, then fax, and now email! If I only had $1 for every letter from Nigeria I've received, I'd be rich!

    I can't believe people are so dumb as to believe this BS. It's like the spam letters we get offering us the opportunity to make $10,000 a month from home, just send me $39.95 and I'll tell you how!

  3. #3
    Join Date
    Aug 2003
    Location
    Ohio
    Posts
    955
    same here Pepper, I received tons of these. You'd think this guy would have been a little smarter than this since he was licensed.

  4. #4
    Join Date
    Aug 2003
    Posts
    886
    Be sure to forward this to 5 people and you'll see something really cool on your computer. Either that or you will die!

  5. #5
    Join Date
    Aug 2003
    Location
    Ohio
    Posts
    955
    Quote Originally Posted by Arielle
    Be sure to forward this to 5 people and you'll see something really cool on your computer. Either that or you will die!
    and the sad part, some people actually believe those!

  6. #6
    Join Date
    Jan 2004
    Posts
    76

    What are you saying???

    You mean that the $5,000 I sent to the Nigerian official isn't really going to get me $65 million???!!! But he said...
    The above post is my opinion only - Chicago



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