419 Scams Double, Over $9 Billion in Profits
Robert Siciliano Identity Theft Expert A recent study by Dutch investigation firm Ultrascan shows we are half as smart (or twice as dumb) as we were in 2008 as advanced fee scams doubled in losses to over $9 billion. 419 Advance Fee Fraud Statistics 2009 (PDF) It is believed that while the scams are known…