419 - The Nigerian scamNigerian newspapers Nigerian newspapers forum
Nigerian newspapers | Forum Posted by Adaeze on February 17, 2009 at 08:50:50: The advance fee fraud a.k.a. 419 which is a criminal code in the Nigeria's justice system is a crime that is taking deep root in Nigeria and spreading to other west african countries. Now one begins to wonder if it is other youths in other countries like Ghana that are copying Nigerians or Nigerians fraudsters that are moving to Ghana. The Efcc has been said to have done a swell job in making Nigeria a very hard spot for 419ers that most of them had to leave. It begins from peer groups who hang together from secondary school and cybercafes, young boys who are into internet fraud that involves sending chains of letters to rich people mostly in the United states to defraud unsuspecting victims to send money to Africa for a business purpose. One can say that this guys really have the patience to be sending mails to thousands of addresses but one also wonders why some people in rich nations would be willing to transact businesses which can easily be seen to be illegal with poor Nigerians. Some of these letters come to them with promises of huge commissions for helping them move money out of the country. But the story is getting different now. Most fraudulent activities now involve 419ers posing as white women living in Nigeria or Ghana and proposing marriage to single white men and in the process cons them. Some even go as far a using identity fraud and phishing by hacking into people's personal account remotely from anywhere in the world and by means of this siphon millions of dollars from their accounts into other accounts. Credit card fraud is also a problem which has also caused a lot of reputable merchants to delist Nigeria form their list of clients.
Follow Ups:
Posted by Okonkwo
on February 20, 2009 at 08:49:42:
 IT is givin bad name to Nigerians everywhere. Posted by Frank Obisi
on February 20, 2009 at 08:50:53:
How did the term 419 came to be related to Nigerian fraud in the first place? Posted by Feluchi
on February 20, 2009 at 08:52:51:
Well think the crime was already in existence in Nigeria before it became a criminal code. Thank God for the EFCC. At least it shows that the Nigerian govt has a true desire to stop this advance fee fraud that is catching up so fast amongst Nigerian youths Posted by Odeshi
on March 10, 2009 at 03:40:34:
It is due to increasing poverty and the high uneployment rate of highly ambitious youths in Nigeria. I think the future will be brighter Posted by blade
on March 17, 2009 at 13:28:23:
Keep the peace and believe that you can succeed without cheating. Godspeed.
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