Some math to get you thinking.

In a recent conversation between Big Al and I, he was telling me about how a co-worker’s wife was about to send a scammer pretending to be Paypal $20. That doesn’t sound a lot, but let’s take a look at some figures. If one person a day falls for the scam and sends £20, then in an average month the scammer will make around $600. In a year that’s $7,300. Again, not a huge amount in the grand scheme of things. Let’s convert that to Naira, the currency used in Nigeria. It comes to approximately 2,832,400 Naira. The average annual salary in Nigeria is 4,070,000 NGN. Doing the math tells us that if a scammer makes $20 a day then he’ll “earn” close to 70% of the average wage. Looking at my catcher account, I see much higher dollar amounts asked for by the scammers. $200, $95 and $105 are ones I see today alone. Let’s take those numbers and see what that does to the figures. Again we’ll assume one person a day falls for the scam. NGN4,070,000 is around $10,500 when rounded up. $95 a day is $34,675. $105 a day is $38,325. $200 a day is $73,000. That’s almost seven times the average wage the scammer would get if he did an honest job instead. Scammers send out dozens, hundreds, even thousands of emails a day. Even if 0.1% of those result in a payout, then the scammer is making a LOT of money. This is why education is so important. The more people know what to look for, the less people will pay. The less people pay, the less appealing being a scammer becomes. Posting up scammer information and formats make it harder for the scammers to operate. That’s why we constantly post up any new details we get on our forum. If you want to join us, then you can do at