The card aiming to end Nigeria’s fraud problem

Published: 23/Feb/2015
Source: BBC

Nigeria has a bad reputation when it comes to fraud.

“Dear Friend” emails originating from the country – also known as 419 scams – are among the most notorious in the world, with statistics from Ultrascan AGI suggesting losses from such schemes totalled $12.7bn (£8.2bn) in 2013.

And the number of scams is growing by 5% each year.

“Nigeria certainly has a problem,” says Cormac Herley, principal researcher at Microsoft Research, who has looked in detail at 419 scams.

Read more.

Themes: Identity Documents
Regions: West Africa, Nigeria
Year: 2015