The following is what type of internet scam? "I need your assistance in transferring the sum of $10M USD to an overseas bank account. You will have 40% of the sum if you agree to help."

Answer 1

The scenario you described is an example of a "419 scam," also known as an "advance-fee fraud" or "Nigerian Prince scam." In this type of scam, the scammer typically poses as a wealthy individual (often claiming to be a government official or a member of royalty) who needs assistance in transferring a large sum of money out of their country. They promise the victim a substantial reward for their help. However, the catch is that the victim is asked to pay various fees or provide personal information upfront, and once the scammer receives this money, they disappear, leaving the victim with nothing.