"Nigerian" Spammer Arrested

Roger_Wilco writes "According to The Globe and Mail, a "Nigerian" spammer has been charged with with first-degree attempted larceny. Hopefully we'll get a few less of that spam now."

Comments

Re:similar scams - how this one works

[ShinyBrowncoat]

From snopes:

The scam works because the Federal Deposit Insurance Corp. (FDIC) requires banks to make money from cashier's, certified, or teller's checks available in one to five days. Consequently, funds from checks that might not be good are often released into payees' accounts long before the checks have been honored by their issuing banks. High quality forgeries can be bounced back and forth between banks for weeks before anyone catches on to their being worthless, by which time victims have long since wired the "overpayments" to the con artists who have just taken them for a ride.