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Posted

My BIL has a bulk SMS company. They typically sell to businesses like insurers, banks, security companies etc etc, but also to the general public. They have written some software to identify and stop these scam SMSs from going out - long story short, these guys send out hundreds, if not thousands of these messages per week - and they get more responses than you think.

 

Poverty and hard times make people desperate, and desperate people are gullible people. People want to believe they have won the lotto so they take a chance against their better judgement.

Actually they started with a couple of well established syndicates in Nigeria that have been operating for decades. They use similar but different methodologies to con people out of money. And it not lower income people only, they conned a New York bank. out if $375 000 000 for a fake development.

And they keep doing it because between them they net several billion Rand yearly , and that was back in the 90's already!

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