₦airaland Forum

When you're riding it like you stole it

I'm convinced things don't go as planned when you can't handle the pain of rigging no I mean defeat.

Members are having guilty conscience

Still school father after school. We'll soon hear of his graduation to...

They know where to catch the big fish. Just seeking new fish to be collecting settlement from.

Be like say next level of poverty 4 this country go loud oh. Na cow milk we go dey suck??

Beautiful family. Does he dye his beard??

lexy2014:
So when they now got a country where things work, d next is to settle and begin to steal peoples money. Y didn't they use that same brain of stealing to get good jobs in d US and make a good name 4 themselves over there. Using Nigerian govt as excuse doesn't cut it

I agree with you and trust me most of them are not tetiary educated and extremely greedy.

Commentor:
We need to also accept that in the mindset of many Nigerians is the illusion of success being the owner of a Porsche, mansions and spending money in the clubs.

Deep in the subconscious is an unrealistic yearning which throws all morality away pushing avarice to the forefront.

It starts from the home.

I agree with you totally.

Commentor:
Were you even born when they "plundered" the wealth?

Do you really think you can win this game if they are keen on getting you?

Our government can't do it alone. Arrest and arrest is just a cycle.

Commentor:
Were you even born when they "plundered" the wealth?

Do you really think you can win this game if they are keen on getting you?

I am not a scammer. I think they need to help because our leaders don't care about engaging youth.

CanadaOrBust:
Naija no fit carry last
We are #1!!!

https://www.nairaland.com/5120718/nigeria-ranked-1-scamming


Take the scam described below. Average citizens of other countries are incapable of it without govt involvement (note the 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)

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. Building walls won't stop the migrant crisis they have when ppl are ready to dig tunnels with their bare hands even.

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.

Oboi. These Americans and Europeans should help develop "The Africa" they plundered or they won't rest too. If they think our bad leadership and backwardness is our problem alone, they better check again. Walls wont stop ppl ready to dig tunnels, the oceans won't stop ppl ready to drown. Shame is becoming a perfume in Nigeria. The word has been used so much it's meaning has dropped in value.

Money answereth all things. Can't fight Jagaban when he's got the most answers in this poverty zoo.

Na them dey there.

thesicilian:
Tinubu isn't done with him yet. He should either go and apologize or fight back before they finish him completely.

Apology fell on deaf ears and I don't think that Don forgives. Fight? How?

nkwuocha1:
Better than to sniff cum pants,you are so accustomed to

okay

Youngpo413:
there was no ashawo back then,women eyes no too open.

make i hear

Hmmm. Ashewo sef go dey look responsible that year

Why the masquerade no carry koboko flog oyibo.

nogragra:
Asari knows the IPOB is bereft of leadership and is trying to hijack the Biafra mantra to his own selfish end. Abeg make una bring popcorn the movie just begin.

Sharp man, u sef see am.

Say na girl now. Be like him don change private part.

smh. the super criminals are rejecting Indian hospitality and the chief ones are getting land allocation

Toh, small small it has become a Terror Group. Make the Fulani right.

Sheet! Take down for what! No be small backlash

These IPOBS in diaspora are obviously snorting their goods. Argue with the tiny muscles in your finger.

Chief Security Officer is now wearing dress to show her butt when we can't see face.

Spartacus101:
That was how I was arrested in Ikorodu
spent five days in Kirikiri without committing any offense
they collected #135000 for nothing..
Nigeria is messed up. even the so called Human Rights are not doing their job.

May God Help Us

Even Human rights dey fear police. Thank God you came out safe, more money to your pocket.

Good on Bar. Falana. But leave that Zak-Zaky case oh, no be human rights case again. Make him no spoil ur name. Make Iran hire Ricky Tarfa for am. No do like Keyamo oh

Hmmm. Like it is 10strokes of the cane. The President lips shaa, be like say him kiss something b4 him talk this thing.
Maybe if Someone I know will kiss that thing too, herdsmen will not be free to kill in my country.

HUSTLE OH! MAKE YOU CALL SOLDIERS TOO, MAKE PAPA NO CARRY YOU SHINE 4 NIGHT.

Any "corrupt" individual that relinquishes funds to EFCC in this administration is a capital fool. Run before they come to pocket ur share after pocketing theirs.

If you wait 6months for some women in name of caring, ur neighbor will do ur duty for you.