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The father of a young Pennsylvania man who died by suicide after becoming the victim of a sextortion attempt helped lead the FBI to Nigerian suspects charged in the case. The scam that led to J.S ...
"The FTC estimated on average $2,500 was sent to romance scammers in 2020, more than ten times the median loss across all fraud types. Given the rampant use of social media and rise of online dating services, the opportunity for scammers to prey on individuals is only growing, explained Emma Fletcher, an analyst at the FTC.
July 24, 2024 at 11:53 AM. LAGOS (Reuters) - Meta Platforms said on Wednesday it had removed about 63,000 accounts in Nigeria that attempted to engage in financial sexual extortion scams mostly ...
July 24, 2024 at 10:18 AM. Meta said Wednesday that it has taken down about 63,000 Instagram accounts in Nigeria running sexual extortion scams and has removed thousands of Facebook groups and ...
Black Axe. The Black Axe, also known as the Neo Black Movement of Africa or the NBM of Africa, is an international confraternity founded at the University of Benin in Nigeria as part of the Pan African movement. Its aims include the promotion and advancement of African culture and arts globally by striving to revive, retain, and modify where ...
Advance-fee scam. An advance-fee scam is a form of fraud and is one of the most common types of confidence tricks. The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster claims will be used to obtain the large sum. [ 1][ 2] If a victim makes the ...
According to a forthcoming 2022 Zelle survey, "Consumer Education, Money and Dating," 55 percent of romance victims said they knew their scammers "very well" or "well enough."
Cybercrime in Ghana can be traced back to the "419 schemes" in Nigeria, also known as "advance-fee scams" prior to the internet. [3] These scams were a form of credit card fraud whereby the perpetrator would offer a monetary incentive, usually in the form of an international money transfer, in exchange for several down payments from the victim.