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John Ackah Blay-Miezah (born John Kolorah Blay, 1941–1992) was a Ghanaian con artist.He was a pioneer of advance-fee fraud.He claimed to be worth $47 billion. From the 1960s to 1980s, he is said to have swindled over $200m from victims in North America, Europe, and Asia.
Scam letter posted within South Africa. An advance-fee scam is a form of fraud and is a common confidence trick.The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster claims will be used to obtain the large sum.
Get-rich-quick schemes are extremely varied; these include fake franchises, real estate "sure things", get-rich-quick books, wealth-building seminars, self-help gurus, sure-fire inventions, useless products, chain letters, fortune tellers, quack doctors, miracle pharmaceuticals, foreign exchange fraud, Nigerian money scams, fraudulent treasure hunts, and charms and talismans.
Jacob Young, William Abrams, and Nancy Clem ran what author Wendy Gamber argues, in her book The Notorious Mrs. Clem: Murder and Money in the Gilded Age, was the first-ever Ponzi scheme. [ 1 ] [ 2 ] In Munich, Germany, Adele Spitzeder founded the Spitzedersche Privatbank in 1869, promising an interest rate of 10 percent per month.
Review Fraud – Alex Copola Podgor, Ellen S. Criminal Fraud, (1999) Vol, 48, No. 4 American Law Review 1. The Nature, Extent and Economic Impact of Fraud in the UK. February, 2007. The Fraudsters – How Con Artists Steal Your Money. ISBN 978-1-903582-82-4 by Eamon Dillon, published September 2008 by Merlin Publishing; Zhang, Yingyu.
Indeed, a real or perceived financial need is a fraud risk factor for employee theft, as outlined in my book Essentials of Corporate Fraud. Many factors can make an employee more or less likely to ...
Cybercrime in Ghana can be traced back to the "419 schemes" in Nigeria, also known as "advance-fee scams" prior to the internet. [3] These scams were a form of credit card fraud whereby the perpetrator would offer a monetary incentive, usually in the form of an international money transfer, in exchange for several down payments from the victim.
Corruption in the government of Kenya has a history which spans the era of the founding president Jomo Kenyatta, to Daniel arap Moi's KANU, Mwai Kibaki's PNU governments. . President Uhuru Kenyatta's Jubilee Party government, and the current William Ruto's Kenya Kwanza administration has also been riddled with massive cases of graft, topping in the list of corrupt Presidents in Africa ...