Nigerian scammers managed to extract $871mn from Indians in 2013, as part of Advanced Free Frauds (AFF) scams (typically lottery scams or transfering royal king’s money).
– Of all check fraud reported, over 80% is Nigerian advance fee fraud related.
– Of all counterfeit checks intercepted by law enforcement, 78% (global 2009) was found on, sent or received by a Nigerian 419 advance fee fraudster.
– 3 major production centres for counterfeit checks in Nigeria, India and Canada are either under control of AFF organizations or have their largest client base with AFF.
Ashiish K Sinha
