Fraudulent email offers do more than fill virtual mail boxes with spam – they damage consumer confidence in legitimate business ventures using email for marketing purposes. The Federal Trade Commission has signed a pact with a pair of Nigerian agencies to help put such spammers out of business.
The parties have signed a Memorandum of Understanding under which they will increase communication and cooperation to “stamp out cross-border fraud.”
Nigeria’s Consumer Protection Council and its Economic and Financial Crimes Commission are the two agencies in on the MOU.
“Cross-border scammers use fraudulent e-mails and other scams to bilk consumers all over the world, while undermining confidence in legitimate businesses,” said FTC Chairwoman Ramirez. “This MOU will help our agencies better protect consumers in both the U.S. and Nigeria.”
RBR-TVBR observation: No specifics were mentioned, but we can’t help but wonder if this agreement will damage the prospects of the many former Nigerian royals who are in dire financial distress and have promised us large sums of money if we will just be so kind as to put $25 grand or so into a starter bank account for them here in the States so they will have a place to subsequently deposit millions of dollars.
It is a shame that these unfortunate princes and princesses have to suffer because of the actions of a few bad apples.
We will also note in passing that businesses which choose broadcast stations to handle their marketing needs have no fear of getting trapped by a spam filter and being lumped in with fraudsters. Just sayin’….