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The number "419" refers to the section of the Nigerian Criminal Code dealing with fraud, the charges and penalties for offenders.In that con, businessmen were contacted by an individual allegedly trying to smuggle someone connected to a wealthy family out of a prison in Spain.
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The money could be in the form of gold bullion, gold dust, money in a bank account, blood diamonds, a series of checks or bank drafts, and so forth.
The sums involved are usually in the millions of dollars, and the investor is promised a large share, typically ten to forty percent, in return for assisting the fraudster to retrieve or expatriate the money.