Nigeria to tackle internet fraud: I’m pretty pessimistic about this, since in the same article they say that the 419 scams are a major generator of foreign currency. I worry that there may be too many people in high position that benefit from it for there to be an effective probe into the problem.
Nigeria is to launch an inquiry into internet fraud and will examine the existing laws covering the problem.The “419” swindle — named after the penal code that outlaws it — will be targeted in particular.
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Nigeria arrests 500 suspected email scammers: Nigeria finally took some action on 419 scammers. I hereby retract this post. Nigeria's agency against economic and financial crime said Monday that it had detained more than 500 suspects and seized property worth more than $US500 million from suspected fraudsters. [...] The EFCC…