Final answer:
Examples of foreign advance-fee scams include Nigerian prince scams, where victims are promised wealth in exchange for providing an upfront fee to transfer funds. To avoid such scams, individuals should scrutinize offers, avoid upfront fees, and never hastily give personal information.
Step-by-step explanation:
Examples of Foreign Advance-Fee Scams
One example of a foreign advance-fee scam is known as the Nigerian prince scam. In this classic scam, individuals receive communication from someone pretending to be a royal figure or government official from a foreign country, such as Nigeria, who claims to have access to a significant sum of money. The catch is that in order to help transfer this wealth, the victim is asked to provide a large upfront fee. Despite the promise of a substantial reward, these are fraudulent schemes designed to extort money from unsuspecting individuals.
Key advice for protecting oneself against such scams includes diligence in scrutinizing offers that appear too good to be true, being wary of unsolicited job offers, and avoiding paying any money for an opportunity that is presented as a surefire way to earn. It is also critical to never give out personal information hastily and to be suspicious of any solicitation requiring advanced fees for services, jobs, or investments.
The other options given like legitimate investment opportunities, frauds that do not involve advance fees, ethical business practices, and examples such as foreign aid from the U.S. government, imported oil, or foreign investors engaging in real estate transactions are not examples of advance-fee scams and are, in general, lawful and legitimate transactions or practices.