Nigerian financial commentator Gehgeh has warned former internet fraudsters whose illegal activities are no longer bringing in money to abandon the lifestyle and learn legitimate skills before financial pressure ruins their lives.
Gehgeh, who described the former fraudsters as “Oldtakers”, said some young men who previously made money through internet fraud had built houses, bought cars and started families but were now struggling after their fortunes collapsed.
In a video, he claimed that three or four young men he personally knew in his community had suffered mental breakdowns after losing the money they once made.
He blamed their struggles partly on the pressure to maintain a lifestyle they could no longer afford, urging young men between the ages of 19 and 30 to consider starting over.
“If you be boy, you don do yahoo before, you use am build house and buy car but now you no get money again, this go help you start your life afresh,” he said.
Gehgeh warned that some former fraudsters had become so dependent on internet fraud that they neglected other talents and skills, leaving them with no alternative when the money stopped coming.
He also cautioned that some turn to drugs as a way of escaping the pressure of their financial struggles.
“Instead of all this, learn another skill. You never fail for life,” he advised.
‘Yahoo money has finished, learn skill before you lose everything’ — Gehgeh warns fraudsters