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Nigeria Ranked #1... In Scamming! - Crime (2) - Nairaland

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Re: Nigeria Ranked #1... In Scamming! by Ayoslimzy(m): 7:43am On Apr 07, 2019
CanadaOrBust:


Yeah, in a strange sort of way. It is a sign of creativity, intelligence, and thinking outside the box

Lalasticlala don't u agree?
All the countries listed above are advanced technologically even tho Nigeria is not that advanced in technology we still top the list
Kudos to the yahoo boys it is not easy
Re: Nigeria Ranked #1... In Scamming! by CanadaOrBust: 7:46am On Apr 07, 2019
Platony:
Everything na scam for Naija.

Bank dey scam their customers.
Dstv dey scam their users.
Lecturers dey scam students.
Police/SARS dey scam d masses
Hospitals dey scam patients
Pastors dey scam members
NEPA,...NEPA,....Chai!!! Na major scam!!!!!

D list goes on. undecided

Just be aware anybody u r dealing with in 9ja is a potential scammer no matter their title or how righteous they present
Re: Nigeria Ranked #1... In Scamming! by CanadaOrBust: 7:50am On Apr 07, 2019
Ayoslimzy:

All the countries listed above are advanced technologically even tho Nigeria is not that advanced in technology we still top the list
Kudos to the yahoo boys it is not easy

Though, to be honest, Nigerians started distinguishing themselves in scams long b4 Yahoo boys. It started late 70's, early 80"s
Re: Nigeria Ranked #1... In Scamming! by Nobody: 8:03am On Apr 07, 2019
CanadaOrBust:


If u go back far enough and do proper investigation you'd find out the most creative scams were invented by Nigerians and then the rest learnt from them



No, when it come to scamming, the Chinese are seniors, they are more creative in scamming. they do their scamming is senior ways and hardly get caught, Nigerians is are learners compared to them.
Nigerians just they spoil the scam, you can easily identify a Nigerian scam because they are not really professionals in scamming.

it's like prostitution, you will think that Nigerian is number 1 in exporting prostitutes to the world but they are learners compared to countries like Thailand, Philippines etc,
Nigerian don't do thing in clean/senior ways

1 Like

Re: Nigeria Ranked #1... In Scamming! by CanadaOrBust: 8:19am On Apr 07, 2019
AFONJAAAAAAH:



No, when it come to scamming, the Chinese are seniors, they are more creative in scamming. they do their scamming is senior ways and hardly get caught, Nigerians is are learners compared to them.
Nigerians just they spoil the scam, you can easily identify a Nigerian scam because they are not really professionals in scamming.

it's like prostitution, you will think that Nigerian is number 1 in exporting prostitutes to the world but they are learners compared to countries like Thailand, Philippines etc,
Nigerian don't do thing in clean/senior ways

WRONG! Let's take USA for example. The Chinese snd other Asians and Italians were there LONG b4 Nigerians. Yet all they did was form mafia, sell drugs, and extort their own people - things that don't require much intelligence. It was Nigerians that came and saw that the whole system had holes. Do u know Wall Street buying and selling was based on honour system. Because of an ordinary Nigerian scammer they had to pass new laws to change that. Examples are countless
Re: Nigeria Ranked #1... In Scamming! by johnmartus(m): 8:29am On Apr 07, 2019
This is a landslide achievement,should be dedicated to pdp.
Re: Nigeria Ranked #1... In Scamming! by kzeebaba: 9:02am On Apr 07, 2019
Everything about Nigeria is scam in fact our name should be scam and not Nigeria.

Light you pay for what u don't use - nepa
Charges u don't understand every month - bank
I will do heaven and earth after elected - politicians
Fresh graduate with 3 working experience - job seekers
And many more
Re: Nigeria Ranked #1... In Scamming! by falcon01: 9:08am On Apr 07, 2019
CanadaOrBust:


Not completely true - she slso came #1 in misery index amd poverty
lols
Re: Nigeria Ranked #1... In Scamming! by Investorola: 9:14am On Apr 07, 2019
True
Re: Nigeria Ranked #1... In Scamming! by Platony(m): 9:37am On Apr 07, 2019
CanadaOrBust:


Just be aware anybody u r dealing with in 9ja is a potential scammer no matter their title or how righteous they present

Am telling u!! Even those u call friends will still scam u, d mentality of scamming is very high in Nigeria.
Re: Nigeria Ranked #1... In Scamming! by CanadaOrBust: 10:01am On Apr 07, 2019
Platony:


Am telling u!! Even those u call friends will still scam u, d mentality of scamming is very high in Nigeria.

Am telling ya.
And poster with moniker Afonjaaaaaah see the below. Chinese in USA are incapable of such. Only 9jas can do it. Average citizens of other countries are incapable of it without govt involvement (note the bolder):


washingtonpost.com
The Washington Post

Business

Nigerian scammers are stealing BILLIONS of dollars

By Cleve R. Wootson Jr.

June 12, 2018 at 2:56 PM


The FBI said June 11 it made 74 arrests in connection with 419 Nigerian email scams. The Post's Cleve R. Wootson Jr. explains how these scams have managed to be so successful. (Allie Caren/The Washington Post)

Savvy people already know it’s a bad idea to trust an email from a Nigerian prince hoping to use their bank account to unload a dead relative’s vast wealth.

And they’re just as suspicious of the sudden Internet-based love interest with questionable grammar who needs a few thousand untraceable dollars to clear up a passport issue in time for a magical first date.

But in a sophisticated and terrifying evolution of the Nigerian 419 scam, web-savvy crime syndicates are figuring out ways to bilk U.S. citizens of billions.

On Monday, the FBI announced the arrest of 74 people across the world — including 29 people in Nigeria and 41 in the United States — who authorities say were part of complex international networks that combed filings by the Securities and Exchange Commission, spoofed CEO emails and successfully targeted even hardened employees whose jobs are to safeguard their companies from financial mismanagement.

The recent scams have the same DNA as the poorly worded emails that have been showing up in people’s inboxes since the 1990s. Instead of playing on hopes of finding love or lust for sudden wealth, they play on fears about missing a vital company payment or upsetting a boss’s boss.

“[Scammers] are doing their research … going onto company websites and looking for the right people,” FBI Assistant Director Scott Smith, who helped lead the investigation, told the Wall Street Journal. “They may even go as far as pulling annual reports and finding what companies they do business with and [impersonating] those accounts.”

Adeyemi Odufuye and his team, for example, sifted SEC records, company websites and other business documents, looking for the names and email addresses of chief executives, chief financial officers and controllers, court documents say.

Odufuye, who had a half dozen nicknames, including “Jefe,” the Spanish word for “chief” or “boss,” led a crew responsible for stealing $2.6 million, including $440,000 from one business in Connecticut, according to the Justice Department.


The schemes used a variety of tactics to gain people’s trust and steal their money, federal authorities say. They registered website domain names that were hard to distinguish from the companies they were targeting — impersonations meant to give emails an air of authenticity. Some of those emails arrived with malware attachments that would snap images of a victim’s desktop or transmit key log information — a hacker trick for nabbing someone’s password.

They even employed money mules whose sole purpose was to move the ill-gotten gains from account to account, authorities say, disguising the electronic paper trail from investigators.

Odufuye was extradited from Britain on Jan. 3. He pleaded guilty to one count of conspiracy to commit wire fraud and one count of aggravated identity theft.


The arrests highlighted just how many people are falling for the latest iterations of the Nigerian hustle, as well as the staggering losses American businesses are accruing. According to FBI figures obtained by the Journal, victims of such scams reported $275 million in losses in 2015. By 2017, reported losses had more than doubled, to $675 million. And in the first quarter of this year, more than 4,000 victims reported $685 million in losses. The bureau estimates American businesses have lost more than $3.7 billion as a result of the schemes.

Since January 2015, the FBI estimated last year, there has been a 1,300 percent increase in identified exposed losses from similar scams. On Monday, the FBI issued a public service announcement about the scams.

Last year, FBI Special Agent Martin Licciardo, an organized crime investigator, said such crimes are “a serious threat on a global scale. The ability of these criminal groups to compromise legitimate business email accounts is staggering. … They are experts at deception.”

Scammers target businesses of all sizes, sometimes spending months studying a company’s organizational chart, the FBI said. They target people who frequently transfer large amounts of money and sensitive records in the course of business. They impersonate executives, human relations staff, law firms and trusted vendors. They usually insist that whatever bogus issue they’ve raised be cleared up as soon as possible, often by an immediate wire transfer. Discretion is often advised.

Another pair of alleged swindlers, Paul Wilson Aisosa and Gloria Okolie, went after a real estate closing attorney in Augusta, Ga. Such attorneys routinely keep large sums of money in a trust, often serving as a go-between for buyers and sellers. But Aisosa and Okolie convinced the unnamed attorney to send the proceeds from a recent sale — nearly $250,000 dollars — to Okolie’s account instead of to the seller, authorities said.

The pair is awaiting trial after being accused of laundering $665,000 in illicit funds, according to the Justice Department.

Before the attorney’s deposit, court documents say, the only cash in the account was the $100 required to start it.
Re: Nigeria Ranked #1... In Scamming! by CanadaOrBust: 10:25am On Apr 07, 2019
kzeebaba:
Everything about Nigeria is scam in fact our name should be scam and not Nigeria.

Light you pay for what u don't use - nepa
Charges u don't understand every month - bank
I will do heaven and earth after elected - politicians
Fresh graduate with 3 working experience - job seekers
And many more

That's why Nigerians make very good scammers abroad - they are used to looking outside the accepted procedure and seeing how the systrm can be gamed - see the above story
Re: Nigeria Ranked #1... In Scamming! by CanadaOrBust: 10:29am On Apr 07, 2019
johnmartus:
This is a landslide achievement,should be dedicated to pdp.

Looked at a certain way it is an achievement. Nigeria is only one of over 200 countries in the world yet they are #1 - in a way it denotes intelligence, creativity, thinking outside the box, and dedication
Re: Nigeria Ranked #1... In Scamming! by CanadaOrBust: 11:34am On Apr 07, 2019
Denikayan:



Nigerian scammers are low profile scammers who are not even educated enough or enlightened to know what plays big.

Russia, China, Pakistan is where you will find this class of people in free range.

Wetin Naija boy sabi? dating sites and all those close to cheap scams.

What's low-profile about this: Russians and Chinese are incapable of this unless government-aided.
Note bolded

washingtonpost.com
The Washington Post

Business

Nigerian scammers are stealing billions of dollars

By Cleve R. Wootson Jr.

June 12, 2018 at 2:56 PM


The FBI said June 11 it made 74 arrests in connection with 419 Nigerian email scams. The Post's Cleve R. Wootson Jr. explains how these scams have managed to be so successful. (Allie Caren/The Washington Post)

By this point, savvy people know it’s a bad idea to trust an email from a Nigerian prince hoping to use their bank account to unload a dead relative’s vast wealth.

And they’re just as suspicious of the sudden Internet-based love interest with questionable grammar who needs a few thousand untraceable dollars to clear up a passport issue in time for a magical first date.

But in a sophisticated and terrifying evolution of the Nigerian 419 scam, web-savvy crime syndicates are figuring out ways to bilk U.S. citizens of billions.

On Monday, the FBI announced the arrest of 74 people across the world — including 29 people in Nigeria and 41 in the United States — who authorities say were part of complex international networks that combed filings by the Securities and Exchange Commission, spoofed CEO emails and successfully targeted even hardened employees whose jobs are to safeguard their companies from financial mismanagement.

The recent scams have the same DNA as the poorly worded emails that have been showing up in people’s inboxes since the 1990s. Instead of playing on hopes of finding love or lust for sudden wealth, they play on fears about missing a vital company payment or upsetting a boss’s boss.


“[Scammers] are doing their research … going onto company websites and looking for the right people,” FBI Assistant Director Scott Smith, who helped lead the investigation, told the Wall Street Journal. “They may even go as far as pulling annual reports and finding what companies they do business with and [impersonating] those accounts.”

Adeyemi Odufuye and his team, for example, sifted SEC records, company websites and other business documents, looking for the names and email addresses of chief executives, chief financial officers and controllers, court documents say.

Odufuye, who had a half dozen nicknames, including “Jefe,” the Spanish word for “chief” or “boss,” led a crew responsible for stealing $2.6 million, including $440,000 from one business in Connecticut, according to the Justice Department.


The schemes used a variety of tactics to gain people’s trust and steal their money, federal authorities say. They registered website domain names that were hard to distinguish from the companies they were targeting — impersonations meant to give emails an air of authenticity. Some of those emails arrived with malware attachments that would snap images of a victim’s desktop or transmit key log information — a hacker trick for nabbing someone’s password.

They even employed money mules whose sole purpose was to move the ill-gotten gains from account to account, authorities say, disguising the electronic paper trail from investigators.

Odufuye was extradited from Britain on Jan. 3. He pleaded guilty to one count of conspiracy to commit wire fraud and one count of aggravated identity theft.


The arrests highlighted just how many people are falling for the latest iterations of the Nigerian hustle, as well as the staggering losses American businesses are accruing. According to FBI figures obtained by the Journal, victims of such scams reported $275 million in losses in 2015. By 2017, reported losses had more than doubled, to $675 million. And in the first quarter of this year, more than 4,000 victims reported $685 million in losses. The bureau estimates American businesses have lost more than $3.7 billion as a result of the schemes.
Re: Nigeria Ranked #1... In Scamming! by CanadaOrBust: 11:39am On Apr 07, 2019
Denikayan:




What are you saying?

Nigerians scam reach Russia and China.


YES! For the most part those countries are only capable of state-aided scams which originate in their own countries. See my story above - ordinary 9jas with no aid from any agency. Only 9jas are capable of that!
Re: Nigeria Ranked #1... In Scamming! by freethesheeple(m): 1:22pm On Apr 07, 2019
U think say G dey easy??
Re: Nigeria Ranked #1... In Scamming! by Pearlyakin(m): 2:28pm On Apr 07, 2019
I find it hard to believe this story, is Nigeria even in the top 20
What about countries like Israel, Japanese, Chinese, Indians, Pakistani and the likes
Re: Nigeria Ranked #1... In Scamming! by CanadaOrBust: 3:35pm On Apr 07, 2019
Pearlyakin:
I find it hard to believe this story, is Nigeria even in the top 20
What about countries like Israel, Japanese, Chinese, Indians, Pakistani and the likes

Citizens of those countries don't think like Nigerians. The average Nigerian always considers there could be other ways. To put it bluntly, they NATURALLY are always on lookout for ways the system can be gamed.
Re: Nigeria Ranked #1... In Scamming! by Heineken(m): 9:35am On May 24, 2019
Bro morning sir
Re: Nigeria Ranked #1... In Scamming! by BrittneyWhite: 1:34pm On Aug 18, 2019
Re: Nigeria Ranked #1... In Scamming! by JaneHars: 12:15am On Nov 08, 2020
I can say with confidence that in our time, fraud is gaining more and more advanced levels every day. In my opinion, this is terrible. For example, in Saint Louis, this thing is developed no less than in Nigeria. Many of my friends have experienced this personally. There are a lot of cases of fraud and spam, especially on the phone, so it is very important not to accept calls from unknown numbers and check them using special services for cash in the spam database. I searched the Internet for a long time for a reliable service with an extensive database and eventually came across calldetective. I decided to check some number that I often called and it turned out that 314 482 4395 was not spammed and I calmed down. I would advise you to do the same, even though it takes time.
Re: Nigeria Ranked #1... In Scamming! by JonneRobberts08: 11:39pm On Nov 14, 2020
JaneHars:
I can say with confidence that in our time, fraud is gaining more and more advanced levels every day. In my opinion, this is terrible. For example, in Saint Louis, this thing is developed no less than in Nigeria. Many of my friends have experienced this personally. There are a lot of cases of fraud and spam, especially on the phone, so it is very important not to accept calls from unknown numbers and check them using special services for cash in the spam database. I searched the Internet for a long time for a reliable service with an extensive database and eventually came across calldetective. I decided to check some number that I often called and it turned out that 314 482 4395 was not spammed and I calmed down. I would advise you to do the same, even though it takes time.
thank you for such amazing post

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