ANALYSIS: Despite govt clampdown, 'Yahoo-Yahoo' thrives in Nigeria
6 min read The ‘Yahoo-Yahoo’ business, formally known as cyber fraud in Nigeria’s cybercrime law, is not a new phenomenon in the country. The illicit business, mostly perpetrated by young men and sometimes women, is an offshoot of the so-called ‘419’ business of the 1980s and 1990s. The 419 code is derived from a section of the country’s Criminal Act Section 419 (Advance Free Fraud) which frowns at obtaining money from people through pretence or impersonation, cheati...
Source: premiumtimesng.com