Special Report

Hardship, ignorance fuel fake goods trade — Stakeholders

…Prosecute sellers of substandard cables — Coleman MD By Providence Ayanfeoluwa Economic hardship, ignorance and dwindling purchasing power are fuelling the growing trade in fake and substandard goods in Nigeria, with consumers increasingly settling for cheaper products without fully understanding the risks involved, stakeholders have said. They said the situation had become particularly troubling as […]
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Nigerian Lottery Scam

In 2009, a Canadian man in a well celebrated scam lost $150,000 to Nigerian Lottery Scam. John Rempel of Leamington, Ontario, got an email way back in July, 2007 from someone claiming to be a lawyer with a client named David Rempel who died in a 2005 bomb attack in London, England, and left behind $12.8 million dollars.

Anatomy of Boko Haram and the 2015 polls

As the Independent National Electoral Commission (INEC) began the distribution of Permanent Voter Cards (PVC) preparatory to the February 14 general elections in Borno State, there has been an increase in the spate of bomb blasts and deadly attacks by insurgents.

419: The world of the Nigerian fraudster

Despite Nigeria’s efforts, the schemes have reached “epidemic proportions. A publication by the U.S. Federal Trade Commission said the agency received more than fifty-five thousand complaints about them last year, nearly six times as many as in 2001. The increase is due in part to the Internet, which makes it easy for scammers to reach potential marks in wealthier countries. “If we educate the public to the point where nobody falls for it, then they’ll go out of business,” Eric Zahren, a spokesman for the Secret Service, the lead U.S. agency in investigating advance-fee frauds, says.

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