Feds take on Nigerian internet fraud,
freeze assets of six scammers
Washington Times,
by
Stephen Dinan
Original Article
Posted By: Pluperfect,
6/17/2020 4:58:49 AM
The Treasury Department said Tuesday that it has frozen the assets of six Nigerian scammers who targeted American businesses and widows for internet fraud, hoping the same financial tools used against terrorism and drug cartels can make a dent in email phishing scams.
Government officials called the sanctions an “extraordinary step” as the Justice Department announced fraud and identity theft indictments against the six men, all of whom are still at large.
Those announcements were made a day after federal prosecutors in Boston announced that they had arrested and charged two Nigerian men who they say are responsible for stealing coronavirus unemployment benefit money.
Reply 1 - Posted by:
DCGIRL 6/17/2020 5:12:39 AM (No. 447098)
I hope the Feds are doing the same with Antifa and BLM.
14 people like this.
Reply 2 - Posted by:
Petronius 6/17/2020 5:22:20 AM (No. 447105)
Just like China, does anything good ever come out of Nigeria?
14 people like this.
Reply 3 - Posted by:
varkdriver 6/17/2020 5:48:56 AM (No. 447116)
Frozen? Dammit! So when am I finally gonna get that $8 million inheritance??
16 people like this.
Reply 4 - Posted by:
chumley 6/17/2020 7:13:35 AM (No. 447172)
Ha! I am writing from my private island somewhere in the South Pacific. Some dopey Nigerian finance minister needed my bank accounts to get millions out of the country. As soon as the money was in my accounts I closed them and have been living high on the hog ever since.
Nigerians is so stupid. (Said in a Yosemite Sam voice).
6 people like this.
Reply 5 - Posted by:
DaddyO 6/17/2020 7:49:49 AM (No. 447201)
When the son of the deposed king of Nigeria emails you directly, asking for help, you help! His father ran the freaking country! Ok?
(Michael Scott)
7 people like this.
Reply 6 - Posted by:
Periwinkel 6/17/2020 8:05:37 AM (No. 447216)
Well, finally!!! I've reported these guys often enough. Maybe someone finally heard me.
2 people like this.
Reply 7 - Posted by:
lakerman1 6/17/2020 8:15:45 AM (No. 447228)
Many of the Nigerian scams work because of - are you people ready?? Dead Ted Kennedy!
back in the 1990s, dead Ted pushed through a banking bill/regulation that required banks to cash customer checks quickly.
The Nigerian scammers used the quick cashing requirement to their advantage. Here is an examp[le how they did it.
let's say an individual was selling a piano, for 2000 dollars.
The scammer contacts the seller, says he will pay the 2000 doillars, but needs to have it shipped to England, so he will send a check for 5000 dollars, and the seller should cash the check, and send 3000 dollars to the shipping company.
A legitimate looking 5000 dollar check arrives, the seller takes the check to the bank, the bank has to cash the check quickly under the Dead Ted Kennedy rule, the seller wires 3000 dollars to the shipper, and the 5000 dollar check bounces, making the seller liable for the money.
A partial solution to the problem of Nigerian scams would be to eliminate the Dead Ted Kennedy bank rule. Another would be to rein in the Western Union, which makes lucrative profits from these wire transfers.
1 person likes this.
Reply 8 - Posted by:
cor-vet 6/17/2020 8:16:15 AM (No. 447230)
Glad to see the Justice department found something important to prosecute!
2 people like this.
Reply 9 - Posted by:
Safari Man 6/17/2020 8:31:48 AM (No. 447249)
Oh sure, go after the bLACK guys. So racist!
1 person likes this.
Reply 10 - Posted by:
chance_232 6/17/2020 9:00:27 AM (No. 447283)
I would rather they go after voter fraud....
6 people like this.
Reply 11 - Posted by:
wilarrbie 6/17/2020 10:16:54 AM (No. 447377)
I hope they claw back some of the stolen unemployment checks as well. Tacking on an extra $600 per week was too tempting to overlook so they scammed that as well. Heck - that's probably funding the better percentage of the Antifa/BLM goons on the rampage too. Thanks, Nancy!
2 people like this.
Reply 12 - Posted by:
DVC 6/17/2020 10:23:53 AM (No. 447390)
Should have happened 10 years ago. Gee, who was in charge then? Oh, another black scammer.
2 people like this.
Reply 13 - Posted by:
GO3 6/17/2020 11:37:54 AM (No. 447506)
#2, yes, oil. Or I should say did come from Nigeria. Before we decided to become the biggest oil producer in the world, there was more US investment in Nigerian oil than anywhere else. At the time we committed the US Navy to help secure Nigerian off shore oil platforms. But things change over time so all of those Nigerian princes have to find another angle to work.
0 people like this.
Reply 14 - Posted by:
mc squared 6/17/2020 11:50:31 AM (No. 447523)
Nigerian scams are at least 20 years old, and most people are on to them. We need someone looking into the Indian boiler rooms that call every hour. Microsoft, Social Security, cheap credit cards,.......
2 people like this.
Reply 15 - Posted by:
MickTurn 6/17/2020 2:07:35 PM (No. 447702)
Hey, I just had a great idea...Why not have the CIA round up these thugs, capture them at 5am in the morning and bring them here for trial?...Well we can hope, right?
2 people like this.
Reply 16 - Posted by:
JHHolliday 6/17/2020 4:04:51 PM (No. 447837)
#14 is correct. Actually the first one I ever got came in on my fax machine. I called the nearest FBI office and they said to send it to them. The agent was amused since he hadn't seen a faxed one yet. That was some thirty years ago. Much easier and cheaper to send out 100,000 emails now. I still get about one a day so I guess they can still find a few morons and suckers to reel in.
0 people like this.
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