February 23, 2009

Don't Feel Bad...Even Banks Get Scammed.

The New York Times has reported that Citibank may have fallen victim to none other than a Nigerian Scammer.

"Swindles in which someone overseas seeks access to a person’s bank account are so well known that most potential victims can spot them in seconds.

But one man found success by tweaking the formula, prosecutors say: Rather than trying to dupe an account holder into giving up information, he duped the bank. And instead of swindling a person, he tried to rob a country — of $27 million."

Luckily (For CitiBank), it looks like the scammer has been caught.

Read the Full Article on the NY Times Website.

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