What additional response do you have on student's paragraphs below regarding Nigerian money offers? See student's paragraphs below.

Characteristics found in this fraud that are similar to the characteristics found in all types of Nigerian money offers: The characteristics found in all types of Nigerian money offers per our text and those characteristics in the example are as follows: Money Promise - the promise of 25% of $50.2m or $12.55m Help Request - asking the recipient to "help" the auditor commit the fraud Relationship builder - calling the recipient "reliable and honest" and they "will never let me down". Also stating they will invest their share in "your country" Urgency - stating the money will revert to the government if they do not perpetrate the fraud, although this letter states that it will take five years Special recipient - stating they require "your" assistance as though no one else can help Face to Face Meeting - this is common although the example does not request a face to face meeting High Ranking official - the letter states the sender has "position and connection in the banks in South Africa"

Focus on why many people become victims of this type of fraud: In this case it seems that there is no risk to the victim. The perpetrator is allowing the victim to open a new, empty bank account so there is not a risk of theft by the sender. It may be tempting for some to give it a try since seemingly there would be no consequences. However, once trapped the victim could be blackmailed or the ruse would continue where they perpetrator would then request up front funds for "fees" or some other expense related to the transaction. I hope that most people know that they should never respond when they are approached, that they should be the ones initiating financial transactions. The saying "if it looks too good to be true it probably is" is true. Folks who fall victim to these types of scams are most likely in desperate need and are blinded by that. Per our text the elderly often fall victim to this type of scam because they are lonely, and the perpetrator is willing to spend time with them to gain their trust. This abhorrent behavior against our senior citizens should be prosecuted to the fullest extent of the law in my opinion, although per our text it often goes unreported because victims are ashamed to admit they were duped.