…Nigerian scams come from developed countries
In June 2020, there were 79 criminals on the Federal Bureau of Investigation (FBI) Cyber Most Wanted list. Out of the 79, 6 of them were Nigerians, the remaining 73 were of other nationalities.
However, the FBI sent out a tweet asking for help to find the 6 Nigerian scammers.
According to a 2018 report by the Centre for Strategic and International Studies in conjuction with McAfee, close to $600 billion, nearly one percent of global GDP, is lost to cybercrime each year.
Sub-Saharan Africa loses $1 – 3 billion, about 0.7 – 0.8% of the region’s estimated $1.5 trillion GDP.
These crimes are perpetrated through several forms including malicious scans, new malware, phishing, ransomware and hacking, but a growing narrative now seem to sum these up as Nigerian scams, irrespective of who is involved or where it originates from.
But, according to reports, more than 94 per cent of these so-called Nigerian scams originate in the US, China and Russia.
So, why are the called Nigerian scams?
This video by Funmi Oyatogun’s ShowMeSomethingNew.com explains.
Read more: WARNING: Do not copy Silicon Valley startups, many of them didn’t even survive the 6 weeks’ COVID-19 lockdown!
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