Nigerian Phishers Plead Guilty
IDG News Service reports that three Nigerian defendants, arrested in Amsterdam, The Nethernlands and a fourth awaiting extradition to the US from Nigeria have plead guilty to charges related to phishing attacks promising to provide millions of dollars to Americans from an estate and a lottery.
The convicted from Nigeria and Senegal siphoned $1.2 million from Americans through tales of woe over email. Their common practice was to offer the lions share of millions in exchange for an advanced payment. Given that phishing, like email spam is a game of small fractions of success multiplied by millions of emai to add up to real money.
In this New York Times article, they can each be sentenced to 20 years for mail/wire fraud and conspiracy earns another five years.
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