Let's look into Yahoo Yahoo from a legal stand point.

Yahoo Yahoo as it's popularly known is basically internet fraud.

it started first through letters, then graduated with faxes, and now done via e-mail.

#YahooMail #yahooyahoo #internetfraud

Yahoo mail was the most popular email medium at the time hence the adoption by popular culture.

When you send money to people you do not know personally or give personal or financial information to unknown callers, you are increasing your chances of becoming a victim of telemarketing fraud.

We know internet fraud is a crime.

But how does the law define it?

What are the elements?

How do you know you are a fraudster or have been defrauded?

#nigeria #nigerianlaws #law #fraud #EmailMarketing #fraud #ScamAlert

ACT: Cyber Crimes Act, 2015.

TERM: Cyber Identity Fraud

APPLICABLE SECTIONS : 14 (2) and 22 (3)

any person that fraudulently impersonates another person with an INTENT to gain advantage to himself or some other person is obtain any property or interest and cause disadvantage to the person being impersonated is guilty... punishable with 5 years imprisonment or a fine of 7MIL

14 (2) of the Act provides that “Any person who with intent to defraud sends electronic message materially misrepresents any fact or set of facts upon which reliance the recipient or another person is caused to suffer any damage or loss........

..... commits an offence and shall be liable on conviction to Imprisonment for a Term of not less than 5 years and to a fine of not less than N10, 000,000.00 or to both fine and imprisonment

A heavy crime that ruins lives with equally heavy consequences.

Out...