Nigeria Warns of Rising Crypto-Related Scams Luring Minors Abroad
The Nigerian government has sounded the alarm on a rising trend of young Nigerians, including minors, being lured with false promises of high-paying jobs overseas, particularly in crypto-related activities. This has led to an increase in cyber slavery and fraudulent activities targeting Nigerian citizens.
The Nigeria Ministry of Foreign Affairs has warned about this growing issue, with vulnerable youths being enticed by the prospect of lucrative jobs abroad. However, upon arrival, these individuals are forced into criminal activities such as sending fraudulent emails, texts, and calls to defraud victims worldwide. This is often done under coercive and inhumane conditions in what are known as '419 cyber-scam factories.'
The Nigerian Economic and Financial Crimes Commission (EFCC) recently apprehended 792 individuals for their alleged involvement in cryptocurrency investment fraud and online romance scams. Among them were 148 Chinese and 40 Filipinos, highlighting the international nature of these crimes. The EFCC also issued a wanted notice for eight individuals, including Nigerians and Kenyans, following concerns raised about the suspected crypto scam CBEX, where users were unable to withdraw their funds.
This surge in crypto-related and other fraudulent activities, with foreign nationals exploiting locals to carry out scams, is not limited to Nigeria. Similar incidents have been reported across the continent, including in South Africa, Kenya, and Namibia. Nigerians are advised to verify all employment offers through official channels and report suspicious cases to relevant authorities. The Nigerian government continues to work towards combating this issue and protecting its citizens.
