The Richest Scammer in Nigeria (2024)

Scammers with their notorious work are on the high in Nigeria. Though scamming is seen as illegal, there are some number of people who make a fortune in it. Our article will examine the richest scammer in Nigeria.

A scammer is basically a person who commits fraud or participates in a dishonest scheme, so as to deceive and extort money from people. From a survey of all online money earners in the country, its not all that earn in a proper way. Some achieve their riches through illegal activities, one of which is scamming people of their money.

How Does a Scammer Work?

A scammer usually attempts to obtain a more private method of communication such as an email or phone number, he or she will build trust with the victim, and later scam them. Their aim is to prey on the victim’s false sense of a relationship and later lure them into sending money.

Scamming and Yahoo Yahoo in Nigeria

You have probably been hearing the word Yahoo Yahoo or Yahoo boy in Nigeria for a long time now. Yahoo boy or Yahoo Yahoo, either the case, is a Nigerian term connected with scammers who make money through fraudulent means on the internet. These variant of scammers are labelled as Yahoo boys due to their frequent use of fake Yahoo emails in meeting their scamming business.

A lot of Yahoo boys are very rich from their money scanning business. They often go to online dating platforms and collect emails from women, which will afterward be used by them to deceive the victims and obtain money. Due to the fact yahoo yahoo scamming is a crime, a lot of these scammers identity may not be known. But in the enquiry into their lifestyle and their business, the source of their money may be question, which makes them to be seen as a possible Yahoo Yahoo scammer.

The Richest Scammer in Nigeria

There are lots of people who make it in the scamming business in Nigeria, but we will examine the highest earner in it. Below is the name of the richest scammer in Nigeria;

Ray HushPuppi

Ray HushPuppi is now confirmed as being the richest scammer in Nigeria, he was caught in Dubai and has been arrested for cyber frauds, alleged money laundering, and other fraudlent activities. It shows that his sudden riches he flaunts on social media doesn’t sincerely have a genuine source.  HushPuppi’s real name is Raymond Igbalode and this Nigerian scammer was born on March 14 and he is from the Yoruba tribe.

Live video on how Hushpuppy was arrested

HushPuppi owns a lot of properties in the country: in cars, houses, and the rest of it. He has a rented property in Dubai which cost him millions of Naira yearlyto keep it. On an occation, he was in the city, and he did expensive shoppings from various well-known brands, such as Fendi, Gucci, Balenciaga, Louis Vuitton, etc.  Of all these brands, he admires Gucci most as he wants to be considered the king of the brand in Nigeria. HushPuppi buys a lot if not everything: watches, shoes, clothes, bags, accessories and other things from Gucci.

It was reported a year ago that HushPuppi had rented a house in Dubai, which worth 60,000,000 Naira yearly.

Nonetheless, all these lavish spendings of Ray HushPuppi on properties and on costly brands, have make the source of his wealth a issue of debate. Though we are not authenticating that this rich celebrity is a scammer, but rather its just an allegation, due to the fact that his source of sudden wealth is in question.

Other Alleged Rich Scammers in Nigeria

Aside from the aforementioned internet celebrity, who is the richest ‘scammer’ in the country, there are other suppose ones who still flaut their riches from the industry.

Other suppose rich scammers in Nigeria includes:

• Naira Marley
• Shy Boss
• Mompha
• Opa6ix
• B Naira
• Deskid Wayne

Types of Scams in Nigeria

Here’s the list of some popular online scams in Nigeria, which you should be aware and cautious of:

Email-based Scamming

Email scams are a type of online fraud that is through the mailing medium. This messaging media is an extremely popular format for many common internet scams. This is because of the simple fact that it’s so cheap and easy to execute. Always be cautious on how you use your email as it is a more sophisticated means for scammer and such results to a lot of people losing many money to email scams every year.

Nigerian 419 scam

In Nigeria, 419 is a popular number mostly attributed to fraud and phony acts. This type of scam is a variation of the advanced-fee scam, which involves deceiving and extorting money from people fraudulently. The scam started in Nigeria and violates penal code 419 in the country, so is often referred to as a Nigerian 419 scam.

Other Scams

There are lots of scams that are prevalent in the country, mostly in the internet. An example of it is work-at-home job scams. Scam fraudsters capitalize on the dreams of workers working at home by luring them with phony and non-realistic work-at-home job opportunities.

All these and more are the types of common scamming activity in Nigeria you should be wary of.

Safety Tips to Avoid Being Scammed Online

Below are some precautions to take so as not to fall a victim of scammers;

If you haven’t met someone before (especially physically), never send money to them online, as this is most frequent medium of being scammed.

Do not disclose your private financial information online, because online scammers trawl through profiles and will get information on wealth and lifestyle of people.

Scammers can mask their IP addresses and use unregistered phone numbers so that they may not be tracked, so ensure to be cautious of them.

Always screen your online posts that contains personal information like business emails and bank details, which could be used to manipulate you.

In all, if you have peradventure been scammed, the Police can investigate and help deal with the situation, but often cannot get the money back.

Conclusion

This is our take on this as we’ve expound on what scamming is; the richest scammer(s) in Nigeria; and the category of scams, plus how to avoid these fraudulent acts.