Sunday, February 1, 2004
Volume:
20
Issue:
2
68
Abstract:
On November 26, 2003, Nigerian President Olusegun Obasanjo announced Nigeria would start an inquiry into internet fraud and examine he existing laws on internet fraud. In particular, the inquiry will target the ?419" swindle, which refers to the section of the penal code prohibits it. The scam promises persons overseas a share of non-existent money or assets in return for details of their bank account, which is then emptied. Nigeria will increase its law enforcement measures against these activities.