Nigerian Email Scammers Are More Effective Than Ever
You would think that after decades of analyzing and fighting email spam, there’d be a fix by now for the internet’s oldest hustle—the Nigerian Prince scam. There’s generally more awareness that a West African noble demanding $1,000 in order to send you millions is a scam, but the underlying logic of these “pay a little, get a lot” schemes, also known as 419 fraud, still ensnares a ton of people. In fact, groups of fraudsters in Nigeria continue to make millions off of these classic cons.
And they haven’t just refined the techniques and expanded their targets—they’ve gained minor celebrity status for doing it.
Source: wired.com