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Nigeria cracking down on 419/advance fee scams?
Posted on Aug 7, 2006 by Tom Fragala
Fraudwar has a post that gives me hope that Nigeria is going to crack down on the massive market for fraud there. Nigeria has been a nexus for fraud against people and businesses in the U.S. for decades. Scams like this. In my blogging since 2004, I’ve done a fair bit of research on this and I recall seeing data that estimated these foreign scams have taken victims for hundreds of millions of dollars a year, for many years running. I’m skeptical of any improvement because of the widespread corruption in countries like Nigeria. I remember a friend of mine in grad school was Nigerian and he went home to visit his sick father back around 1994. He hadn’t been there for years and came back disgusted. He had to bribe so many people in government—even just to get in to and out of the country.
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