{"id":51644,"date":"2018-01-01T03:48:21","date_gmt":"2018-01-01T03:48:21","guid":{"rendered":"http:\/\/www.bnreport.com\/louisiana-man-accused-of-wire-fraud-money-laundering-in-nigerian-prince-email-scam\/"},"modified":"2018-01-01T03:48:21","modified_gmt":"2018-01-01T03:48:21","slug":"louisiana-man-accused-of-wire-fraud-money-laundering-in-nigerian-prince-email-scam","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/louisiana-man-accused-of-wire-fraud-money-laundering-in-nigerian-prince-email-scam\/","title":{"rendered":"Louisiana Man Accused of Wire Fraud, Money Laundering in \u2018Nigerian Prince\u2019 Email Scam"},"content":{"rendered":"

A Louisiana man was arrested for allegedly swindling people out of thousands of dollars through a \u201cNigerian prince\u201d email scam.<\/h2>\n

Authorities charged Michael Neu, 67, with 269 counts of wire fraud and money laundering after conducting an 18-month investigation, the Slidell Police Department said<\/a> in a statement.<\/p>\n

Police say Neu allegedly operated as the scam\u2019s \u201cmiddle man,\u201d who wired money from his victims to his accomplices in Nigeria.<\/p>\n

The investigation is still pending due to its international reach, but authorities said the money Neu allegedly stole had been wired<\/a> to a third-party in Nigeria.<\/p>\n

Authorities are well-aware of these types of scams.<\/p>\n

According to the Federal Trade Commission\u2019s description of the Nigerian email scam, the phishing scam begins<\/a> with the suspect posing as a Nigerian prince or other high-ranking official seeking money or personal information to access an alleged inheritance.<\/p>\n

Although such scams are the butt of jokes on late-night television, people continue to be duped by these types of scams.<\/p>\n

\u201cMost people laugh at the thought of falling for such a fraud, but law enforcement officials report annual losses of millions of dollars to these schemes,\u201d the Slidell police said in a statement.<\/p>\n

Slidell Police Chief Randy Fandal said that he hopes Neu\u2019s arrest reminds the public not to fall prey to these schemes.<\/p>\n

\u201cIf it sounds too good to be true, it probably is,\u201d Fandal said in a statement. \u201cNever give out personal information over the phone, through e-mail, cash checks for other individuals, or wire large amounts of money to someone you don\u2019t know. 99.9 percent of the time, it\u2019s a scam.\u201d<\/p>\n

<\/a><\/strong> <\/a><\/p>\n

<\/a>Original Article<\/p>\n

[contf] [contfnew] <\/p>\n

Breitbart<\/a><\/h5>\n

[contfnewc] [contfnewc] <\/p>\n

The post Louisiana Man Accused of Wire Fraud, Money Laundering in \u2018Nigerian Prince\u2019 Email Scam<\/a> appeared first on News Wire Now<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

A Louisiana man was arrested for allegedly swindling people ..<\/p>\n","protected":false},"author":1,"featured_media":51645,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[50],"tags":[],"class_list":["post-51644","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech"],"yoast_head":"\nLouisiana Man Accused of Wire Fraud, Money Laundering in \u2018Nigerian Prince\u2019 Email Scam - Business News Report<\/title>\n<meta name=\"description\" content=\"A Louisiana man was arrested for allegedly swindling people ..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/louisiana-man-accused-of-wire-fraud-money-laundering-in-nigerian-prince-email-scam\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Louisiana Man Accused of Wire Fraud, Money Laundering in \u2018Nigerian Prince\u2019 Email Scam - 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