You’d believe that after years of analyzing and fighting e-mail spam, there’d be a fix at this point for the net’s hustle—the that is oldest Nigerian Prince scam. There is generally speaking more understanding that a West African noble demanding $1,000 to be able to give you millions is a fraud, however the logic that is underlying of “pay only a little, get yourself a lot” schemes, also called 419 fraud, nevertheless ensnares a lot of individuals. In reality, categories of fraudsters in Nigeria continue steadily to make millions away from these classic cons. And they’ve gotnot only refined the strategies and expanded their targets—they’ve gained small celebrity status for carrying it out.
On Thursday, the protection company Crowdstrike published detailed findings on Nigerian confraternities, cultish gangs that engage in a variety of criminal activities while having steadily developed e-mail fraudulence in to a dependable money cow. Continue reading