Fergie's Tech Blog

Nigerian 419 Scam Stole the Most Money Off Internet

Eric Rosenberg writes on SFGate.com:

Americans lost a record amount of money to Internet fraud last year, with the infamous Nigerian 419 scam nabbing the largest sums from individuals, according to new federal crime statistics.

Americans reported losing an all-time high of $183 million to Internet fraud in 2005, up 169 percent from $68 million the previous year, the Internet Crime Complaint Center said last week.

The center, which has been tracking Internet fraud trends for five years, is a partnership between the FBI and the National White Collar Crime Center, a congressionally funded organization that aids law-enforcement agencies.

posted by Fergie @ 4/09/2006 05:20:00 PM