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Posted by / 10-Aug-2017 04:19

Best  online dating site yahoo

These cases attest to the pervasive nature of internet fraud in Nigerian universities.

My own research was conducted at Nigeria’s premier University of Ibadan.

He was charged for impersonation, possession of fraudulent documents and attempting to obtain money by false pretenses.

However, with regular raids on these internet cafés and the arrest of suspected fraudsters by the police, the “yahoo boys” have simply moved their bases.

Plus, the proliferation of internet service providers in Nigeria has made it even easier for scamsters to commit internet fraud.

The fraudsters carry out their attacks mostly on weekends and mostly outside the state where the account is domiciled. This means victims will be unable to ask their banks to stop illegal transactions on their accounts until Monday morning, when the banks open for business, even though they receive debit alerts over the weekend.

Informal networks and the insider factor Informal networks are vital to the young scamsters’ success.

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Through compromised banking staff, fraudsters use fake identity to access funds.

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