A lot of Nigerians have thus fallen prey and lost Nairas in the hundreds of millions to them. This is despite the constant arrest of Yahoo boys by EFCC and Police.Ĭitizens of Nigeria that are involved in these fraudulent activities, use different strategies to swindle their victims, both local and foreign. Due to the broad use of the internet these days, even in Nigeria, to undertake financial transactions, internet scammers are able to utilize the channel to impersonate some legit businesses, including car dealers and dupe Nigerians. The phrase “yahoo boy” or the number “419” is used by Nigerians to classify an online scammer. Overview of yahoo boys and 419 Scams in Nigeria Mmaduike, a yahoo kingpin in London, diverted a million pounds through fraudulent invoices 1. Check out all Yahoo boy formats and how they work! Ridiculously rich Yahoo boys like Mompha and Hushpuppi has aroused the curiosity of people about how they got such wealth.
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