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It got to me wondering about who really makes the money on
the Internet.
Is it the affiliate sites?
Is it the Adsense sites?
Or is it all the e/books, e/programs, Marketing Gurus?
Using a bench mark of hundred thousand a year(earnings)
Do you think 95% of those who make over that amount are
Gurus of one kind or another?
What do you think?
If there was so much money in "nigerian" scams, crooks in other countries would be doing 'em
Actually, the Nigerian e-mail scam is just the latest version of a con that has been around for almost 100 years.
Also, other countries have laws (that they may or not enforce) prohibiting these types of scams. They supposedly do in Nigeria as well, but enforcement is non-existant. I heard (may have been an urban myth) that thse types of scams are Nigeria's 2nd largest factor for GDP behind oil.
I used to get scam letters at work by regular mail 20 years ago...always from Nigeria, How did they afford the heavy cost of overseas postage? Some have indicated the stamps came from corrupt connections or were counterfeit.
I get Nigerian-type emails that purport to originate outside Africa but the wording and style suggests they are from Africans in other places. Understand there are Nigerians in the Toronto Canada area involved in the scam.
A few Asians and E Europeans have tested the Nigerian formula. The lack of follow-up suggests to me that there isn't all that much money in it. The problem with sending out 10s of millions of emails is that they must get thousands of scam-bait responses that must be sifted thru. No doubt they get many responses from suckers who have no money to scam. This must be a fairly labor intensive way to make money.
Have you ever heard of a highly profitable fraud that is confined to one country or small region? I haven't. Contrast that situation with phishing which probably comes from many places and is surely more profitable. Credit card fraud attempts on our website are worldwide.
How many Adsense sites would it take to make as much in a year as just Amazon?