Federal investigators are searching for suspects in an internet fraud case that nearly anyone who’s received a suspicious e-mail from Nigeria will recognize. At least 11 were arrested Thursday in Southern California. The 80 suspects are charged with money laundering, fraud and identity theft. Prosecutors say millions of dollars were stolen from unsuspecting people online. Jamie Yuccas reports.
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An interview with Adeniyi Ojikutu – That Nigeria loses a lot of money through internet fraud is not news but the figure of over N127 billion as annual loss given by the Minister of Communications is staggering. Most of the frauds are said to be perpetrated via foreign internet domain names being patronised by over 93 million internet users in Nigeria.
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