Last Updated on by SCARS Editorial Team

SCARSSCARS SCARS - Society of Citizens Against Relationship Scams Inc. A government registered crime victims' assistance & crime prevention nonprofit organization based in Miami, Florida, U.S.A. SCARS supports the victims of scams worldwide and through its partners in more than 60 countries around the world. Incorporated in 2015, its team has 30 years of continuous experience educating and supporting scam victims. Visit www.AgainstScams.org to learn more about SCARS.SCAMScam A Scam is a confidence trick - a crime -  is an attempt to defraud a person or group after first gaining their trust through deception. Scams or confidence tricks exploit victims using their credulity, naïveté, compassion, vanity, irresponsibility, or greed and exploiting that. Researchers have defined confidence tricks as "a distinctive species of fraudulent conduct ... intending to further voluntary exchanges that are not mutually beneficial", as they "benefit con operators ('con men' - criminals) at the expense of their victims (the 'marks')". A scam is a crime even if no money was lost. NEWS: 2 Internet Fraudsters Bag Jail Terms In Ibadan Nigeria

Two suspected serial internet fraudsters, Paul Damilola Olowoparija and Olaleye David Tobi were on Friday sentenced to six and four months jail terms. Justice P.I. Ajoku of the Federal High Court pronounced them guilty and sentenced to jail terms.

The judge sent them to six months and four months in prison respectively, with effect from January 31, 2019 when they were arrested by operatives of the Economic and Financial Crimes Commission, EFCCEFCC Economic and Financial Crimes Commission The Economic and Financial Crimes Commission (EFCC) is a Nigerian law enforcement agency that investigates financial crimes such as advance fee fraud (419 fraud), scams, and money laundering. The EFCC was established in 2003, partially in response to pressure from the Financial Action Task Force on Money Laundering (FATF), which named Nigeria as one of 23 countries non-cooperative in the international community's efforts to fight money laundering. The agency has its head office in Abuja, Nigeria..

Click On The Title In The Content Box Below To View The Full Story

[contentcards url=”https://leadership.ng/2019/03/15/2-internet-fraudsters-bag-jail-terms-in-ibadan/” target=”_blank”]