Fraud victim advocacy, fraud recoginition and prevention education, and law enforcement support

fraud recognition & prevention education, fraud victim advocacy, law enforcement support

Fraud recognition & prevention education, fraud victim advocacy, law enforcement support

                    

Silence is fraud's best friend.  Word of mouth is fraud's worst enemy.  Pass the word!TM

 

 

550 lbs. of Dollars

U.S. currency facts discussed on this page have been reviewed and approved

by the United States Treasury.

 

419 Letter Database

 

Emails sent out by the thousands

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Corrupting 419 victims

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Why some victims don't immediately grasp their criminal involvement

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419's disguised as an honest deal

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Crossing jurisdictions

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Money for terrorist?

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419, drugs, and money laundering

Victims are frustrated by lack of police action

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So what's a 419 victim to do?

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What does a Million Dollars weigh?

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The Black Dollar Scam

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Travel in West Africa - risky business

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The Ugly American - and European, and Australian, and ...

What does a Million Dollars weigh?

According to 419 letters, the security vaults of dozens of African storage facilities are jammed with boxes packed with millions of U.S. Dollars.  The average amount stated is around $25,000,000.

Assuming that the Dollars have all been changed into $100 bills, $25,000,000. equals 250,000 - $100 bills.

A pound of U.S. currency notes, regardless of the denomination, contains 454 bills (Avoir du Poids system.  Troy system is 375 bills/lb.*).  That runs to a little over 550 pounds of money.  Provided we're speaking of $100 bills, which are not that handy in 3rd world countries.  The standard denomination is $20  bills.

Using the above calculation for $20 bills, we would be looking at 1,250,000 pieces of currency at close to 2,800 lbs., or over 1- tons of money.

American currency is 2.61 inches wide x 6.14 inches long x .0043 inches thick*.  A standard box is 12x12x16.  Packed in the most efficient manner possible, one would need at least  330 boxes to house $25,000,000.

The next time you receive a 419 letter asking for help in retrieving vaulted currency, you will know what questions to ask.

* see http://www.bep.treas.gov/document.cfm/18/106 courtesy of the U.S. Treasury, Bureau of Engraving and Printing.

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