Excerpt from the SAR Activity Review
 Advanced Fee Schemes
Many institutions are now the recipients of solicitations for advanced fee
schemes, which have commonly been referred to as Nigerian, West African or 419
advanced fee schemes. A determination as to whether a SAR should be filed is
that of the institution that receives the solicitation.
Financial institutions should be aware that the United States Secret Service
(USSS) has dedicated resources to this issue. If a financial institution receives an
"advanced fee scheme" letter through the mail, e-mail, or fax, and the institution
has not initiated any contact with law enforcement or the perpetrators of the
attempted fraud, the letter should be forwarded to USSS using one of the following
methods:
- e-mail to: 419.fcd@usss.treas.gov
- fax to: (202) 406-5031; or,
- mail to: United States Secret Service, Financial Crimes Division,
- 950 H Street, Suite 5300, NW, Washington, D.C., 20373-5802, (ATTN: 419)
If, however, the financial institution has been victimized by one of these schemes,
all written documentation should be mailed to the USSS at the above address and
a call should be placed to the agency at (202) 406-5850.
Excerpted from SAR Activity Review Issue 4, page 49
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