Last Updated on February 1, 2020 by SCARS Editorial Team

RSN™ 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: End Of The Road For ‘Yahoo-yahoo’ Boys And Others In Edo Nigeria

Extracted from leadership.ng

They are young, desperate, and unhappy with the society. Like every young adult, they crave for the best life can offer. However, choosing the wrong path of Internet FraudFraud In law, fraud is intentional deception to secure unfair or unlawful gain (money or other assets), or to deprive a victim of a legal right. Fraud can violate civil law (e.g., a fraud victim may sue the fraud perpetrator to avoid the fraud or recover monetary compensation) or criminal law (e.g., a fraud perpetrator may be prosecuted and imprisoned by governmental authorities), or it may cause no loss of money, property, or legal right but still be an element of another civil or criminal wrong. The purpose of fraud may be monetary gain or other benefits, for example by obtaining a passport, travel document, or driver's license, or mortgage fraud, where the perpetrator may attempt to qualify for a mortgage by way of false statements. A fraud can also be a hoax, which is a distinct concept that involves deliberate deception without the intention of gain or of materially damaging or depriving a victim., they end up getting arrested and paraded among others by men of the State Edo Police command, recently. PATRICK OCHOGA (Benin City) writes.

It was like a celebration of a sort among officers of the Edo State Police command in Benin City, last week when they paraded what can be described as the largest number of suspected criminals at one single parade in recent time.

The command had paraded 103 suspected criminals currently assisting investigators to unravel their level of involvement in kidnapping, armed robbery, advance fee fraudAdvance Fee Fraud An advance fee scam or fraud is a form of fraud and is one of the most common types of online confidence tricks. The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster claims will be used to obtain the large sum. If a victim makes the payment, the fraudster either invents a series of further fees for the victim or simply disappears. (419419 An advance fee scam or fraud (419 scam) is a form of fraud and is one of the most common types of online confidence tricks. The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster claims will be used to obtain the large sum. If a victim makes the payment, the fraudster either invents a series of further fees for the victim or simply disappears. The 419 comes from the Nigerian law against this type of scam.), murder, pickpocketing, land speculating, dealing in Cannabis among others. åçOne shocking encounter was the confession of three Internet fraudsters, popularly referred to as yahoo-yahoo boys. The ages of the cybercrimeCybercrime Cybercrime is a crime related to technology, computers, and the Internet. Typical cybercrime are performed by a computer against a computer, or by a hacker using software to attack computers or networks. suspects range from 18 to 23. They confessed to have engaged in the crime to break away from the circle of poverty, which they said, was responsible for their ordeal. Without any signs of remorse, they narrated many attempts to scam their victims.

In a separate account, the trio narrated how they conned unsuspecting victims by signing up to a Facebook account with fictitious data and uploaded attractive pictures on their pages to scam their victims. Otis Destiny, 27, said after he graduated from the University in 2014, he traversed the length and breadth of the country in search of a job but to no avail, adding that Internet crime was the only available option for him to make money from his one-room apartment, which he shared with a friend. According to Otis, “I am a graduate of Electrical Electronic Engineering. I have always dreamt of making it big in life. My parents are very poor and I don’t want the circle of poverty to continue.

“I was arrested for cultism and yahoo- yahoo. I entered early into Yahoo because there is no job. I started January this year. I graduated in 2014 and since then, I have had no job. It was my brother that