Impressive scam.  There will be a presentation regarding this at the Annual Seminar of the International Association of Financial Crimes Investigators this September in Boston.

Meet the Nigerian E-Mail Grifters. Those increasingly ubiquitous Nigerian e-mails ‘respectfully requesting your assistance’ and promising great rewards actually do work — for the Nigerians. An admitted scammer explains how it works. By Michelle Delio. [Wired News]