From Nigerian Princes to Bitcoin Trading: Online Scams Have Come a Long Way

It would be a challenge to find someone who has not heard of the now-infamous “Nigerian Prince scams,” also known as “419 scams” and “advance-fee scams.” The concept itself dates back to the French Revolution, but it has come a long way due to human gullibility. More recently, it has taken to the internet to deceive scores of email recipients hoping for a big payday.

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