Nigeria is undertaking a huge crackdown on internet scammers in a plan to take the country out of the world’s top ten for online scams. (more…)

Internet users who use rely on “gut instinct” to avoid falling prey to online scams and those with advanced knowledge of financial products are actually more likely to fall victim to cyber criminals, according to surprising research published in the UK by the Office of Fair Trading (OFT). (more…)

Banking giant Citibank was almost caught out by a group of fraudsters who tried to swindle $27m out of the banking group using the infamous “419″ scheme, a court has been told. (more…)

Facebook users are being warned to be vigilant after it was revealed that Nigerian scammers are infiltrating user accounts in an attempt to extort thousands from “friends”. (more…)