Jail 'Greedy' Scam Victims, Says Nigerian Diplomat
AcidAUS writes with this nearly unbelievable snippet from today's Sydney Morning Herald: "The Nigerian high commissioner in Australia says people who are ripped off by so-called Nigerian scams are just as guilty as the fraudsters and should be jailed. Responding to a story in yesterday's Herald, which revealed Australians lose at least $36 million a year to the online scams, Sunday Olu Agbi said Australians had failed to heed repeated warnings not to deal with shady characters on the internet."
I'd say it isn't. I was scammed into helping what I thought was a stranded student who'd got his wallet stolen and needed some cash to go home to a far suburb. It was early in my life working downtown, and I believed the guy. I was totally fooled.
How did I know this? Three weeks later, i saw the same kid walking around doing the exact same thing soliciting help for cash, only a few blocks away from where I gave him ten bucks. Motherfucker, I thought.
I am somewhat sympathetic to your argument, but I don't buy it. It can be entirely reasonable to play the lottery, though not very regularly.
Let's say that once a month you get a Powerball ticket with Powerplay, costing (according to Wikipedia) $2. You do this for 50 years. (In other words, you play the lottery starting when you are 20 until you're 70.)
According to this compound interest calculator, if you aggressively invested that money instead and got 10% annual return for that timespan (probably entirely ridiculous), at the end of that you'd have $30,727. If we were to assume an already-optimistic 7% rate of return, that's only $10,500.
If you were to play every other month (or not get powerplay) and get 10%, you're at $15,500, and at 7%, $5,200.
In addition, you're not really going to be out all that money... on average, Wikipedia says the powerball has about a 50% rate of return. Which means that the $15,500 and $5,200 numbers are actually more realistic if you pay $2/mth.
While it's not exactly a shabby sum, it's also not that much money if you've been wise with other investments. Giving up that amount of money is probably not really going to change your lifestyle. You might lose out on a couple vacations you could take when retired or something. (If we are even a little more conservative with how much we spend on the lottery... you play for 40 years instead of 50, spending $1/mth but getting back half, and could get 7% otherwise, you're looking at $1,200. That's barely enough for one "fancy" vacation.)
Now, at the same time, in the very very remote chance you were to actually win a jackpot, your life would change. If you won even a million dollars -- let alone tens of millions -- you might be able to retire now (depending on how old you are), go buy a farm, do almost anything you want monitarily.
It is not unreasonable to say "I'll take one less vacation when I'm 70 in exchange for an almost-zero-but-not-quite chance of a totally life-changing event."
(The fact that a lot of lottery winnings result in people blowing through the winnings quickly, sometimes result in failed families or other bad effects, or that a lot of people don't play the lottery this way and actually put significant money into it is beside the point that playing the lottery isn't necessarily an irrational move.)
"It is not in the character of Nigerians to be engaged in this kind of scam."
Professor Olu Agbi said there were almost 140 million people in Nigeria and fewer than 0.1 per cent were involved.
140,000 scammers? Gee is that all? :P
"In some areas, fake panhandlers live better than the people that they con"
True that! I had a friend in San Francisco offer a homeless man $15/hr to come in and paint his apartment - he declined saying he could make more on the street corner. That attitude is exactly why I never dole out cash to pan handlers, though perhaps will offer a morsel of food on occasion.