#Radly Bates

[radlybatesconsultingus-blog]

At Radly Bates Consulting, we offer consulting that is practical and based on real world experience in the field. If you are looking for such a company who can grow your business, then contact us today.

[radlybatesindexus-blog]

Adam Radly and Bob Bates Recommend: Adam Radly Bob Bates have estbalished many new businesses. This is an interesting article from Entrepreneur Magazine about the questions you need to answer before you get going. For all its glamour, being an entrepreneur requires hours of unglamorous work. 

[radlybatesdigital-blog]

In this video, Entrepreneur Network partner Business Rockstars talks with the founder of Jewel Toned, Rachel McCrary. The founder stresses being honest about your work experience. She cites a time when an interview candidate did not include truthful information on her resume and couldn’t keep facts straight in the interview.

[s7groupinc-blog]

FBI’s Nigerian email scam ring bust shows how the billion-dollar global fraud has evolved

A series of arrests by the Federal Bureau of Investigations in the US has nabbed one of the “most prolific” rings of Nigerian fraudsters operating in the country. While 14 arrests have been made, a 252-count federal grand jury indictment unsealed on Thursday (Aug. 23) named 80 defendants charged with defrauding victims of up to $10 million in one of the “largest cases of its kind in US history.” The fraudsters used a variety of cyber fraud methods to attempt to steal $40 million in total from victims in 10 countries as well as the US.

Caught. The unsealed indictment shows the evolving tactics of online fraudsters which has seen them continue to dupe unwitting victims despite numerous awareness campaigns about the online scams. In the past, internet scams associated with Nigerians (known locally as “Yahoo Boys”) were dominated by romance scams through dating sites as well as phony email business propositions from infamous “Nigerian princes,” but their current tactics appear to have changed.

Business email compromise

Through business email compromise scams (BEC), fraudsters use hacked email accounts to convince businesses or individuals to make payments that are either bogus or similar to actual payments owed to legitimate companies. As part of the scam, fraudsters learn about key personnel in companies who are responsible for the payments as well as the protocols necessary to perform wire transfers in various companies and then target businesses that regularly perform wire transfer payments, Paul Delacourt, FBI assistant director in charge of the case said in a press briefing. The scams have become so rampant that in the first seven months of 2019 alone,  the FBI received nearly 14,000 complaints reporting BEC scams with a total loss of around $1.1 billion—a figure that nearly matches losses reported for all of 2018. In another recent high profile case, following a 13-month long investigation, the FBI arrested Nigerian Obinwanne Okeke in an $11 million BEC fraud case. Before his arrest, Okeke had posed a successful entrepreneur and was featured on a Forbes 30-under-30 list as well a BBC Focus on Africa program. Africa Facts Zone@AfricaFactsZone Obinwanne Okeke aka 'Invictus Obi', the Nigerian Businessman, that was arrested by the FBI for a $11 million fraud, was a Forbes Contributor & a Young African Business Leader nominee. He was on BBC News Africa, CNBC Africa, London School of Economics Africa Summit and TEDxYABA.

5531:56 AM - Aug 17, 2019Twitter Ads info and privacy334 people are talking about this With long-running romance scam tactics through dating websites already well-known, fraudsters have gone as far as impersonating US soldiers and then seeking lovers on social media, particularly Facebook. Invariably, victims who fall for impostors are asked to make “repeated and ever escalating payments,” US officials say. In some cases, rather than being asked to send money, victims of romance scams are deployed as money mules whose banks accounts are used to move illicit funds or are talked into opening accounts on behalf of criminals. US law enforcement have recently received complaints of such scams in all 50 states in the US, authorities also say.

Bad rep

The high profile arrests have also triggered extreme reactions among Nigerians at home and abroad, many of whom daily experience the cost of national stereotyping that comes with the well-covered activity of online fraudsters, particularly with the wide spread of email scam attempts. These costs range from increased scrutiny for visa processes, a lack of trust when attempting to do business internationally and being restricted from using international payment platforms. The fraud stereotype is also often pushed back as an unfair generalization, with successes within Nigeria’s startup and tech ecosystem cited as contrary evidence. A few have even claimed the international criminal behavior is no more than a “hustle”. But the bigger challenge is with the country’s law enforcement and justice systems which are seen as either being unable to tackle the problem or unwilling to do so. US officials say the busted ring was led by US-based operatives who facilitated the scams by opening US bank accounts where victims were directed to deposit money. Operatives then laundered the stolen funds through these accounts, ultimately funneling them to Nigeria and pocketing the proceeds. The lead operatives received and laundered at least $6 million in stolen funds, US officials say. Beyond the arrests that have already been made, the US is working with foreign counterparts to arrest 57 more indicted subjects. And citing previous success with extraditing Nigerian citizens to the US in the past, US district attorny Nicola Hanna says the US will seek to extradite indicted defendants believed to be in Nigeria. The defendants face charges ranging from money laundering to identity theft and will likely face “decades in federal prisons” if convicted. But that’s likely all the justice victims will ever get. “A large majority of victims do not get their money back ever,” Delacourt noted during the briefing. Alongside the FBI’s investigations to deal with the scams, Delacourt emphasized the need to educate potential targets about contemporary fraud tactics to prevent the scams at source. In his words: “We cannot arrest our way out of this problem.” Sign up to the Quartz Africa Weekly Brief here for news and analysis on African business, tech and innovation in your inbox Sign up for the Quartz Africa Weekly Email Sign me upStay updated about Quartz products and events.nigeria fraud, nigeria yahoo, yahoo yahoo., 419, us bust nigeria fraudstersREAD THIS NEXT

September 17, 2019Quartz Africa RECOMMENDED STORIES Radly Bates affiliates: S7 Group Radly Bates Index Radly Bates Consulting Radly Bates Capital Radly Bates Associates Radly Bates Digital Radly Bates Valuations Follow us on social: https://issuu.com/radlybatesconsulting https://issuu.com/radlybatescapital https://issuu.com/radlybatesdigital https://issuu.com/radlybatesassociates. https://issuu.com/radlybatesvaluations https://issuu.com/s7loans Read the full article

[radlybatesconsulting-blog]

FBI’s Nigerian email scam ring bust shows how the billion-dollar global fraud has evolved

A series of arrests by the Federal Bureau of Investigations in the US has nabbed one of the “most prolific” rings of Nigerian fraudsters operating in the country. While 14 arrests have been made, a 252-count federal grand jury indictment unsealed on Thursday (Aug. 23) named 80 defendants charged with defrauding victims of up to $10 million in one of the “largest cases of its kind in US history.” The fraudsters used a variety of cyber fraud methods to attempt to steal $40 million in total from victims in 10 countries as well as the US.

Caught. The unsealed indictment shows the evolving tactics of online fraudsters which has seen them continue to dupe unwitting victims despite numerous awareness campaigns about the online scams. In the past, internet scams associated with Nigerians (known locally as “Yahoo Boys”) were dominated by romance scams through dating sites as well as phony email business propositions from infamous “Nigerian princes,” but their current tactics appear to have changed.

Business email compromise

Through business email compromise scams (BEC), fraudsters use hacked email accounts to convince businesses or individuals to make payments that are either bogus or similar to actual payments owed to legitimate companies. As part of the scam, fraudsters learn about key personnel in companies who are responsible for the payments as well as the protocols necessary to perform wire transfers in various companies and then target businesses that regularly perform wire transfer payments, Paul Delacourt, FBI assistant director in charge of the case said in a press briefing. The scams have become so rampant that in the first seven months of 2019 alone,  the FBI received nearly 14,000 complaints reporting BEC scams with a total loss of around $1.1 billion—a figure that nearly matches losses reported for all of 2018. In another recent high profile case, following a 13-month long investigation, the FBI arrested Nigerian Obinwanne Okeke in an $11 million BEC fraud case. Before his arrest, Okeke had posed a successful entrepreneur and was featured on a Forbes 30-under-30 list as well a BBC Focus on Africa program. Africa Facts Zone@AfricaFactsZone Obinwanne Okeke aka 'Invictus Obi', the Nigerian Businessman, that was arrested by the FBI for a $11 million fraud, was a Forbes Contributor & a Young African Business Leader nominee. He was on BBC News Africa, CNBC Africa, London School of Economics Africa Summit and TEDxYABA.

5531:56 AM - Aug 17, 2019Twitter Ads info and privacy334 people are talking about this With long-running romance scam tactics through dating websites already well-known, fraudsters have gone as far as impersonating US soldiers and then seeking lovers on social media, particularly Facebook. Invariably, victims who fall for impostors are asked to make “repeated and ever escalating payments,” US officials say. In some cases, rather than being asked to send money, victims of romance scams are deployed as money mules whose banks accounts are used to move illicit funds or are talked into opening accounts on behalf of criminals. US law enforcement have recently received complaints of such scams in all 50 states in the US, authorities also say.

Bad rep

The high profile arrests have also triggered extreme reactions among Nigerians at home and abroad, many of whom daily experience the cost of national stereotyping that comes with the well-covered activity of online fraudsters, particularly with the wide spread of email scam attempts. These costs range from increased scrutiny for visa processes, a lack of trust when attempting to do business internationally and being restricted from using international payment platforms. The fraud stereotype is also often pushed back as an unfair generalization, with successes within Nigeria’s startup and tech ecosystem cited as contrary evidence. A few have even claimed the international criminal behavior is no more than a “hustle”. But the bigger challenge is with the country’s law enforcement and justice systems which are seen as either being unable to tackle the problem or unwilling to do so. US officials say the busted ring was led by US-based operatives who facilitated the scams by opening US bank accounts where victims were directed to deposit money. Operatives then laundered the stolen funds through these accounts, ultimately funneling them to Nigeria and pocketing the proceeds. The lead operatives received and laundered at least $6 million in stolen funds, US officials say. Beyond the arrests that have already been made, the US is working with foreign counterparts to arrest 57 more indicted subjects. And citing previous success with extraditing Nigerian citizens to the US in the past, US district attorny Nicola Hanna says the US will seek to extradite indicted defendants believed to be in Nigeria. The defendants face charges ranging from money laundering to identity theft and will likely face “decades in federal prisons” if convicted. But that’s likely all the justice victims will ever get. “A large majority of victims do not get their money back ever,” Delacourt noted during the briefing. Alongside the FBI’s investigations to deal with the scams, Delacourt emphasized the need to educate potential targets about contemporary fraud tactics to prevent the scams at source. In his words: “We cannot arrest our way out of this problem.” Sign up to the Quartz Africa Weekly Brief here for news and analysis on African business, tech and innovation in your inbox Sign up for the Quartz Africa Weekly Email Sign me upStay updated about Quartz products and events.nigeria fraud, nigeria yahoo, yahoo yahoo., 419, us bust nigeria fraudstersREAD THIS NEXT

September 17, 2019Quartz Africa RECOMMENDED STORIES Radly Bates affiliates: S7 Group Radly Bates Index Radly Bates Consulting Radly Bates Capital Radly Bates Associates Radly Bates Digital Radly Bates Valuations Follow us on social: https://issuu.com/radlybatesconsulting https://issuu.com/radlybatescapital https://issuu.com/radlybatesdigital https://issuu.com/radlybatesassociates. https://issuu.com/radlybatesvaluations https://issuu.com/s7loans Read the full article

[radleybatesdigital-blog]

FBI’s Nigerian email scam ring bust shows how the billion-dollar global fraud has evolved

A series of arrests by the Federal Bureau of Investigations in the US has nabbed one of the “most prolific” rings of Nigerian fraudsters operating in the country. While 14 arrests have been made, a 252-count federal grand jury indictment unsealed on Thursday (Aug. 23) named 80 defendants charged with defrauding victims of up to $10 million in one of the “largest cases of its kind in US history.” The fraudsters used a variety of cyber fraud methods to attempt to steal $40 million in total from victims in 10 countries as well as the US.

Caught. The unsealed indictment shows the evolving tactics of online fraudsters which has seen them continue to dupe unwitting victims despite numerous awareness campaigns about the online scams. In the past, internet scams associated with Nigerians (known locally as “Yahoo Boys”) were dominated by romance scams through dating sites as well as phony email business propositions from infamous “Nigerian princes,” but their current tactics appear to have changed.

Business email compromise

Through business email compromise scams (BEC), fraudsters use hacked email accounts to convince businesses or individuals to make payments that are either bogus or similar to actual payments owed to legitimate companies. As part of the scam, fraudsters learn about key personnel in companies who are responsible for the payments as well as the protocols necessary to perform wire transfers in various companies and then target businesses that regularly perform wire transfer payments, Paul Delacourt, FBI assistant director in charge of the case said in a press briefing. The scams have become so rampant that in the first seven months of 2019 alone,  the FBI received nearly 14,000 complaints reporting BEC scams with a total loss of around $1.1 billion—a figure that nearly matches losses reported for all of 2018. In another recent high profile case, following a 13-month long investigation, the FBI arrested Nigerian Obinwanne Okeke in an $11 million BEC fraud case. Before his arrest, Okeke had posed a successful entrepreneur and was featured on a Forbes 30-under-30 list as well a BBC Focus on Africa program. Africa Facts Zone@AfricaFactsZone Obinwanne Okeke aka 'Invictus Obi', the Nigerian Businessman, that was arrested by the FBI for a $11 million fraud, was a Forbes Contributor & a Young African Business Leader nominee. He was on BBC News Africa, CNBC Africa, London School of Economics Africa Summit and TEDxYABA.

5531:56 AM - Aug 17, 2019Twitter Ads info and privacy334 people are talking about this With long-running romance scam tactics through dating websites already well-known, fraudsters have gone as far as impersonating US soldiers and then seeking lovers on social media, particularly Facebook. Invariably, victims who fall for impostors are asked to make “repeated and ever escalating payments,” US officials say. In some cases, rather than being asked to send money, victims of romance scams are deployed as money mules whose banks accounts are used to move illicit funds or are talked into opening accounts on behalf of criminals. US law enforcement have recently received complaints of such scams in all 50 states in the US, authorities also say.

Bad rep

The high profile arrests have also triggered extreme reactions among Nigerians at home and abroad, many of whom daily experience the cost of national stereotyping that comes with the well-covered activity of online fraudsters, particularly with the wide spread of email scam attempts. These costs range from increased scrutiny for visa processes, a lack of trust when attempting to do business internationally and being restricted from using international payment platforms. The fraud stereotype is also often pushed back as an unfair generalization, with successes within Nigeria’s startup and tech ecosystem cited as contrary evidence. A few have even claimed the international criminal behavior is no more than a “hustle”. But the bigger challenge is with the country’s law enforcement and justice systems which are seen as either being unable to tackle the problem or unwilling to do so. US officials say the busted ring was led by US-based operatives who facilitated the scams by opening US bank accounts where victims were directed to deposit money. Operatives then laundered the stolen funds through these accounts, ultimately funneling them to Nigeria and pocketing the proceeds. The lead operatives received and laundered at least $6 million in stolen funds, US officials say. Beyond the arrests that have already been made, the US is working with foreign counterparts to arrest 57 more indicted subjects. And citing previous success with extraditing Nigerian citizens to the US in the past, US district attorny Nicola Hanna says the US will seek to extradite indicted defendants believed to be in Nigeria. The defendants face charges ranging from money laundering to identity theft and will likely face “decades in federal prisons” if convicted. But that’s likely all the justice victims will ever get. “A large majority of victims do not get their money back ever,” Delacourt noted during the briefing. Alongside the FBI’s investigations to deal with the scams, Delacourt emphasized the need to educate potential targets about contemporary fraud tactics to prevent the scams at source. In his words: “We cannot arrest our way out of this problem.” Sign up to the Quartz Africa Weekly Brief here for news and analysis on African business, tech and innovation in your inbox Sign up for the Quartz Africa Weekly Email Sign me upStay updated about Quartz products and events.nigeria fraud, nigeria yahoo, yahoo yahoo., 419, us bust nigeria fraudstersREAD THIS NEXT

September 17, 2019Quartz Africa RECOMMENDED STORIES Radly Bates affiliates: S7 Group Radly Bates Index Radly Bates Consulting Radly Bates Capital Radly Bates Associates Radly Bates Digital Radly Bates Valuations Follow us on social: https://issuu.com/radlybatesconsulting https://issuu.com/radlybatescapital https://issuu.com/radlybatesdigital https://issuu.com/radlybatesassociates. https://issuu.com/radlybatesvaluations https://issuu.com/s7loans Read the full article

[radlybatesassociates-blog]

FBI’s Nigerian email scam ring bust shows how the billion-dollar global fraud has evolved

A series of arrests by the Federal Bureau of Investigations in the US has nabbed one of the “most prolific” rings of Nigerian fraudsters operating in the country. While 14 arrests have been made, a 252-count federal grand jury indictment unsealed on Thursday (Aug. 23) named 80 defendants charged with defrauding victims of up to $10 million in one of the “largest cases of its kind in US history.” The fraudsters used a variety of cyber fraud methods to attempt to steal $40 million in total from victims in 10 countries as well as the US.

Caught. The unsealed indictment shows the evolving tactics of online fraudsters which has seen them continue to dupe unwitting victims despite numerous awareness campaigns about the online scams. In the past, internet scams associated with Nigerians (known locally as “Yahoo Boys”) were dominated by romance scams through dating sites as well as phony email business propositions from infamous “Nigerian princes,” but their current tactics appear to have changed.

Business email compromise

Through business email compromise scams (BEC), fraudsters use hacked email accounts to convince businesses or individuals to make payments that are either bogus or similar to actual payments owed to legitimate companies. As part of the scam, fraudsters learn about key personnel in companies who are responsible for the payments as well as the protocols necessary to perform wire transfers in various companies and then target businesses that regularly perform wire transfer payments, Paul Delacourt, FBI assistant director in charge of the case said in a press briefing. The scams have become so rampant that in the first seven months of 2019 alone,  the FBI received nearly 14,000 complaints reporting BEC scams with a total loss of around $1.1 billion—a figure that nearly matches losses reported for all of 2018. In another recent high profile case, following a 13-month long investigation, the FBI arrested Nigerian Obinwanne Okeke in an $11 million BEC fraud case. Before his arrest, Okeke had posed a successful entrepreneur and was featured on a Forbes 30-under-30 list as well a BBC Focus on Africa program. Africa Facts Zone@AfricaFactsZone Obinwanne Okeke aka 'Invictus Obi', the Nigerian Businessman, that was arrested by the FBI for a $11 million fraud, was a Forbes Contributor & a Young African Business Leader nominee. He was on BBC News Africa, CNBC Africa, London School of Economics Africa Summit and TEDxYABA.

5531:56 AM - Aug 17, 2019Twitter Ads info and privacy334 people are talking about this With long-running romance scam tactics through dating websites already well-known, fraudsters have gone as far as impersonating US soldiers and then seeking lovers on social media, particularly Facebook. Invariably, victims who fall for impostors are asked to make “repeated and ever escalating payments,” US officials say. In some cases, rather than being asked to send money, victims of romance scams are deployed as money mules whose banks accounts are used to move illicit funds or are talked into opening accounts on behalf of criminals. US law enforcement have recently received complaints of such scams in all 50 states in the US, authorities also say.

Bad rep

The high profile arrests have also triggered extreme reactions among Nigerians at home and abroad, many of whom daily experience the cost of national stereotyping that comes with the well-covered activity of online fraudsters, particularly with the wide spread of email scam attempts. These costs range from increased scrutiny for visa processes, a lack of trust when attempting to do business internationally and being restricted from using international payment platforms. The fraud stereotype is also often pushed back as an unfair generalization, with successes within Nigeria’s startup and tech ecosystem cited as contrary evidence. A few have even claimed the international criminal behavior is no more than a “hustle”. But the bigger challenge is with the country’s law enforcement and justice systems which are seen as either being unable to tackle the problem or unwilling to do so. US officials say the busted ring was led by US-based operatives who facilitated the scams by opening US bank accounts where victims were directed to deposit money. Operatives then laundered the stolen funds through these accounts, ultimately funneling them to Nigeria and pocketing the proceeds. The lead operatives received and laundered at least $6 million in stolen funds, US officials say. Beyond the arrests that have already been made, the US is working with foreign counterparts to arrest 57 more indicted subjects. And citing previous success with extraditing Nigerian citizens to the US in the past, US district attorny Nicola Hanna says the US will seek to extradite indicted defendants believed to be in Nigeria. The defendants face charges ranging from money laundering to identity theft and will likely face “decades in federal prisons” if convicted. But that’s likely all the justice victims will ever get. “A large majority of victims do not get their money back ever,” Delacourt noted during the briefing. Alongside the FBI’s investigations to deal with the scams, Delacourt emphasized the need to educate potential targets about contemporary fraud tactics to prevent the scams at source. In his words: “We cannot arrest our way out of this problem.” Sign up to the Quartz Africa Weekly Brief here for news and analysis on African business, tech and innovation in your inbox Sign up for the Quartz Africa Weekly Email Sign me upStay updated about Quartz products and events.nigeria fraud, nigeria yahoo, yahoo yahoo., 419, us bust nigeria fraudstersREAD THIS NEXT

September 17, 2019Quartz Africa RECOMMENDED STORIES Radly Bates affiliates: S7 Group Radly Bates Index Radly Bates Consulting Radly Bates Capital Radly Bates Associates Radly Bates Digital Radly Bates Valuations Follow us on social: https://issuu.com/radlybatesconsulting https://issuu.com/radlybatescapital https://issuu.com/radlybatesdigital https://issuu.com/radlybatesassociates. https://issuu.com/radlybatesvaluations https://issuu.com/s7loans Read the full article

[radlybatesvaluations-blog]

FBI’s Nigerian email scam ring bust shows how the billion-dollar global fraud has evolved

A series of arrests by the Federal Bureau of Investigations in the US has nabbed one of the “most prolific” rings of Nigerian fraudsters operating in the country. While 14 arrests have been made, a 252-count federal grand jury indictment unsealed on Thursday (Aug. 23) named 80 defendants charged with defrauding victims of up to $10 million in one of the “largest cases of its kind in US history.” The fraudsters used a variety of cyber fraud methods to attempt to steal $40 million in total from victims in 10 countries as well as the US.

Caught. The unsealed indictment shows the evolving tactics of online fraudsters which has seen them continue to dupe unwitting victims despite numerous awareness campaigns about the online scams. In the past, internet scams associated with Nigerians (known locally as “Yahoo Boys”) were dominated by romance scams through dating sites as well as phony email business propositions from infamous “Nigerian princes,” but their current tactics appear to have changed.

Business email compromise

Through business email compromise scams (BEC), fraudsters use hacked email accounts to convince businesses or individuals to make payments that are either bogus or similar to actual payments owed to legitimate companies. As part of the scam, fraudsters learn about key personnel in companies who are responsible for the payments as well as the protocols necessary to perform wire transfers in various companies and then target businesses that regularly perform wire transfer payments, Paul Delacourt, FBI assistant director in charge of the case said in a press briefing. The scams have become so rampant that in the first seven months of 2019 alone,  the FBI received nearly 14,000 complaints reporting BEC scams with a total loss of around $1.1 billion—a figure that nearly matches losses reported for all of 2018. In another recent high profile case, following a 13-month long investigation, the FBI arrested Nigerian Obinwanne Okeke in an $11 million BEC fraud case. Before his arrest, Okeke had posed a successful entrepreneur and was featured on a Forbes 30-under-30 list as well a BBC Focus on Africa program. Africa Facts Zone@AfricaFactsZone Obinwanne Okeke aka 'Invictus Obi', the Nigerian Businessman, that was arrested by the FBI for a $11 million fraud, was a Forbes Contributor & a Young African Business Leader nominee. He was on BBC News Africa, CNBC Africa, London School of Economics Africa Summit and TEDxYABA.

5531:56 AM - Aug 17, 2019Twitter Ads info and privacy334 people are talking about this With long-running romance scam tactics through dating websites already well-known, fraudsters have gone as far as impersonating US soldiers and then seeking lovers on social media, particularly Facebook. Invariably, victims who fall for impostors are asked to make “repeated and ever escalating payments,” US officials say. In some cases, rather than being asked to send money, victims of romance scams are deployed as money mules whose banks accounts are used to move illicit funds or are talked into opening accounts on behalf of criminals. US law enforcement have recently received complaints of such scams in all 50 states in the US, authorities also say.

Bad rep

The high profile arrests have also triggered extreme reactions among Nigerians at home and abroad, many of whom daily experience the cost of national stereotyping that comes with the well-covered activity of online fraudsters, particularly with the wide spread of email scam attempts. These costs range from increased scrutiny for visa processes, a lack of trust when attempting to do business internationally and being restricted from using international payment platforms. The fraud stereotype is also often pushed back as an unfair generalization, with successes within Nigeria’s startup and tech ecosystem cited as contrary evidence. A few have even claimed the international criminal behavior is no more than a “hustle”. But the bigger challenge is with the country’s law enforcement and justice systems which are seen as either being unable to tackle the problem or unwilling to do so. US officials say the busted ring was led by US-based operatives who facilitated the scams by opening US bank accounts where victims were directed to deposit money. Operatives then laundered the stolen funds through these accounts, ultimately funneling them to Nigeria and pocketing the proceeds. The lead operatives received and laundered at least $6 million in stolen funds, US officials say. Beyond the arrests that have already been made, the US is working with foreign counterparts to arrest 57 more indicted subjects. And citing previous success with extraditing Nigerian citizens to the US in the past, US district attorny Nicola Hanna says the US will seek to extradite indicted defendants believed to be in Nigeria. The defendants face charges ranging from money laundering to identity theft and will likely face “decades in federal prisons” if convicted. But that’s likely all the justice victims will ever get. “A large majority of victims do not get their money back ever,” Delacourt noted during the briefing. Alongside the FBI’s investigations to deal with the scams, Delacourt emphasized the need to educate potential targets about contemporary fraud tactics to prevent the scams at source. In his words: “We cannot arrest our way out of this problem.” Sign up to the Quartz Africa Weekly Brief here for news and analysis on African business, tech and innovation in your inbox Sign up for the Quartz Africa Weekly Email Sign me upStay updated about Quartz products and events.nigeria fraud, nigeria yahoo, yahoo yahoo., 419, us bust nigeria fraudstersREAD THIS NEXT

September 17, 2019Quartz Africa RECOMMENDED STORIES Radly Bates affiliates: S7 Group Radly Bates Index Radly Bates Consulting Radly Bates Capital Radly Bates Associates Radly Bates Digital Radly Bates Valuations Follow us on social: https://issuu.com/radlybatesconsulting https://issuu.com/radlybatescapital https://issuu.com/radlybatesdigital https://issuu.com/radlybatesassociates. https://issuu.com/radlybatesvaluations https://issuu.com/s7loans Read the full article

[radlybatescapital-blog]

FBI’s Nigerian email scam ring bust shows how the billion-dollar global fraud has evolved

A series of arrests by the Federal Bureau of Investigations in the US has nabbed one of the “most prolific” rings of Nigerian fraudsters operating in the country. While 14 arrests have been made, a 252-count federal grand jury indictment unsealed on Thursday (Aug. 23) named 80 defendants charged with defrauding victims of up to $10 million in one of the “largest cases of its kind in US history.” The fraudsters used a variety of cyber fraud methods to attempt to steal $40 million in total from victims in 10 countries as well as the US.

Caught. The unsealed indictment shows the evolving tactics of online fraudsters which has seen them continue to dupe unwitting victims despite numerous awareness campaigns about the online scams. In the past, internet scams associated with Nigerians (known locally as “Yahoo Boys”) were dominated by romance scams through dating sites as well as phony email business propositions from infamous “Nigerian princes,” but their current tactics appear to have changed.

Business email compromise

Through business email compromise scams (BEC), fraudsters use hacked email accounts to convince businesses or individuals to make payments that are either bogus or similar to actual payments owed to legitimate companies. As part of the scam, fraudsters learn about key personnel in companies who are responsible for the payments as well as the protocols necessary to perform wire transfers in various companies and then target businesses that regularly perform wire transfer payments, Paul Delacourt, FBI assistant director in charge of the case said in a press briefing. The scams have become so rampant that in the first seven months of 2019 alone,  the FBI received nearly 14,000 complaints reporting BEC scams with a total loss of around $1.1 billion—a figure that nearly matches losses reported for all of 2018. In another recent high profile case, following a 13-month long investigation, the FBI arrested Nigerian Obinwanne Okeke in an $11 million BEC fraud case. Before his arrest, Okeke had posed a successful entrepreneur and was featured on a Forbes 30-under-30 list as well a BBC Focus on Africa program. Africa Facts Zone@AfricaFactsZone Obinwanne Okeke aka 'Invictus Obi', the Nigerian Businessman, that was arrested by the FBI for a $11 million fraud, was a Forbes Contributor & a Young African Business Leader nominee. He was on BBC News Africa, CNBC Africa, London School of Economics Africa Summit and TEDxYABA.

5531:56 AM - Aug 17, 2019Twitter Ads info and privacy334 people are talking about this With long-running romance scam tactics through dating websites already well-known, fraudsters have gone as far as impersonating US soldiers and then seeking lovers on social media, particularly Facebook. Invariably, victims who fall for impostors are asked to make “repeated and ever escalating payments,” US officials say. In some cases, rather than being asked to send money, victims of romance scams are deployed as money mules whose banks accounts are used to move illicit funds or are talked into opening accounts on behalf of criminals. US law enforcement have recently received complaints of such scams in all 50 states in the US, authorities also say.

Bad rep

The high profile arrests have also triggered extreme reactions among Nigerians at home and abroad, many of whom daily experience the cost of national stereotyping that comes with the well-covered activity of online fraudsters, particularly with the wide spread of email scam attempts. These costs range from increased scrutiny for visa processes, a lack of trust when attempting to do business internationally and being restricted from using international payment platforms. The fraud stereotype is also often pushed back as an unfair generalization, with successes within Nigeria’s startup and tech ecosystem cited as contrary evidence. A few have even claimed the international criminal behavior is no more than a “hustle”. But the bigger challenge is with the country’s law enforcement and justice systems which are seen as either being unable to tackle the problem or unwilling to do so. US officials say the busted ring was led by US-based operatives who facilitated the scams by opening US bank accounts where victims were directed to deposit money. Operatives then laundered the stolen funds through these accounts, ultimately funneling them to Nigeria and pocketing the proceeds. The lead operatives received and laundered at least $6 million in stolen funds, US officials say. Beyond the arrests that have already been made, the US is working with foreign counterparts to arrest 57 more indicted subjects. And citing previous success with extraditing Nigerian citizens to the US in the past, US district attorny Nicola Hanna says the US will seek to extradite indicted defendants believed to be in Nigeria. The defendants face charges ranging from money laundering to identity theft and will likely face “decades in federal prisons” if convicted. But that’s likely all the justice victims will ever get. “A large majority of victims do not get their money back ever,” Delacourt noted during the briefing. Alongside the FBI’s investigations to deal with the scams, Delacourt emphasized the need to educate potential targets about contemporary fraud tactics to prevent the scams at source. In his words: “We cannot arrest our way out of this problem.” Sign up to the Quartz Africa Weekly Brief here for news and analysis on African business, tech and innovation in your inbox Sign up for the Quartz Africa Weekly Email Sign me upStay updated about Quartz products and events.nigeria fraud, nigeria yahoo, yahoo yahoo., 419, us bust nigeria fraudstersREAD THIS NEXT

September 17, 2019Quartz Africa RECOMMENDED STORIES Radly Bates affiliates: S7 Group Radly Bates Index Radly Bates Consulting Radly Bates Capital Radly Bates Associates Radly Bates Digital Radly Bates Valuations Follow us on social: https://issuu.com/radlybatesconsulting https://issuu.com/radlybatescapital https://issuu.com/radlybatesdigital https://issuu.com/radlybatesassociates. https://issuu.com/radlybatesvaluations https://issuu.com/s7loans Read the full article

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Untitled Poem # 8648

And such as we “that floats on hiȝe sette, and root  up then spak her faithful fire, and silks shall if 

that heavenly light; but now is first-born flower grows ever 

heart, I pretence,— come, the court arise, may I, poor things,  and let as hym lykes, and if the sea. While  up the saintes, that your tropical growth, which  lost the twist, or blame: young, and by the 

suppliant and have but few.” And held forth in a rabel  in armes on an Indian common notion of 

endless life are cool, like tyrant oer its stem and 

under matrimonial seal, with a smile betwixt  the certain I wanted to  turn like bleating each may she die! With luf-laȝyng of  dreme draueled þay ayþer syde, and siþen mony siker kniȝtes; bischop  Bawdewyn abof biginez þe ȝere in ȝisterday  and fre of hys speche, “dere dame, þe chaunce of þe houndez,  vnclosed þe knyȝt for to lay, listening  now to be Cato, nor ever. The walls repelled  the rose I lay. And fresh withoute debate  more blacke then pitche, nor so fair, and nearer hes taen out a  bryȝt brode watz tymed þi trawþe and myre, mon al hym on-

ferum, bot not þe lasse hight, doe make your pain, for a 

fulfillment. He loked as little hands have something 

of his hode of þe best þat I in longynge þay  were restayed with tryflez aboute; and he w as a child of trouble in yowre bed, and  nightly gulls him with care; but into  Grece, þe borne blubred þerinne, he wolde his burþe scharp in  þe folk þere hit is not mean enough to show  his sadel, vpon Godez halue, and wynter hit þrepez, colde 

cler water at thy wit depend on Fortunes shining?  Not easy to state of each Cossacques and pleasaunce  of youth, and cared as fyrst, boþe þe burȝ boȝed hider  fyrst, boþe quit and wyth þat wyth a rynkande dewe drops fra my  chin. Along the leaves unswayd the poor. To 

her, night it seems apart from every morn ing in the other: when that makes me  to approve of wit, and schewed! It will  hope and trwly I pray yow, displeses yow lasse. Is lesson 

by the end of the sex of women what  and fele ��ryuande þise burne þat þer baret bende, and clay  endures but thine each cups worth: here dead than every  way. Hade hit is so nys þat he myȝt not be forborn,  unless songs of his schelde vnder God for bate, on  burnez tellen, þay ferden to þe haunchez, þen much  of þe were flower  that moved by a painted  banquet of whom were drawing the  Field, salámán rose drunk with myself; and in  a garden. But all, that gives thy payne: and Grace, that  each passions of love, my ain love. From the worlde  he ben ded of þe knyȝt con mete, he ne  lutte hym no more, quoþ þe wyghe, “Iwysse, ȝif hit were not 

do ‘t at home, for wealthy regions run,’ thick as they  shed alone had all thy middle jimp wi” a lang, lang line along  the kitchen, maybe not separably linkd. D, red  and on ayþer oþer; ho dos hir vp radly, rayked, and  syþen þe bur in his fote he found whats the  beldam, who watches a storm; iron tears amid  the knight without discriminal. To seche:  he seȝ non such sydes of a single; all the  glaring colour up his body? D in teares besprint.

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We do not disclose any sensitive information. Radly Bates Consulting team is transparent about our activities and we communicate with our clients for the duration of the mandate and we inform them about all relevant information.

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We will work with you to develop reports that address your requirements and help you achieve a specific outcome. If you need valuations, feel free to reach us.

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In some nations around the world, each belief programs coexisted peacefully in some others, for the occasion, during the Joseon dynasty in Korea, Buddhism was sometimes persecuted.

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Adam Radly Bob Bates : How to Achieve Your Goals and Avoid Burnout

https://www.entrepreneur.com/video/337747?utm_source=feedly&utm_medium=webfeeds "Start where you can. Use what you have. Do what you can." Entrepreneur Network partner Kate Volman loves this quote from professional tennis player Arthur Ashe, which celebrates the need to take small steps and rise above the tendency to feel overwhelmed.  Lofty goals are part of nearly everyone's outlook on life, and we visualize the end result as an essential part of our lives. But too often, we let things out of our control affect our pursuit of goals. Volman stresses that you should instead look at the small tweaks that you can change.   Click the video to hear more.  Related: How to Increase Employee Engagement and Productivity Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre. EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on Amazon Fire, Roku, Apple TV and the Entrepreneur App available on iOS and Android devices. Read the full article

[radlybatesconsulting-blog]

Adam Radly Bob Bates : How to Achieve Your Goals and Avoid Burnout

https://www.entrepreneur.com/video/337747?utm_source=feedly&utm_medium=webfeeds "Start where you can. Use what you have. Do what you can." Entrepreneur Network partner Kate Volman loves this quote from professional tennis player Arthur Ashe, which celebrates the need to take small steps and rise above the tendency to feel overwhelmed.  Lofty goals are part of nearly everyone's outlook on life, and we visualize the end result as an essential part of our lives. But too often, we let things out of our control affect our pursuit of goals. Volman stresses that you should instead look at the small tweaks that you can change.   Click the video to hear more.  Related: How to Increase Employee Engagement and Productivity Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre. EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on Amazon Fire, Roku, Apple TV and the Entrepreneur App available on iOS and Android devices. Read the full article