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Nigerian advance fee scam statistics based on a study by Ultrascan Agi, from Netherlands. Victims lost 12.7 billion dollars, with indians topping the list losing $870 million. Indians won the dubious distinction of losing most money to nigerian scammers because of the rampant corruption, nepotism, and fraud in the indian internet industry which would make the nigerian scammers look very honest . Some true experienced based on facts are discussed at Indian scammers who are rewarded with permanent government jobs, with monthly salary, pension as reward for cheating, lies and corporate espionage.
69 countries, pegs Indian losses in 2006 at $32 million. It estimates that nearly 4,700 scammers are active and residing in India, about a 20-fold increase from 2006.
Indian losses to Nigerian scammers
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