The conversation surrounding Yahoo boys has therefore become more than a discussion about crime, it has become a reflection of Nigeria’s economic pressure and changing social values. Ugo Nwokolo’s Clarification After Public ReactionFollowing the reaction generated by his statement, Ugo Nwokolo moved to explain his position, insisting that his comments were not an endorsement of internet fraud. Early internet fraud activities were largely associated with email scams, but the methods have expanded over time to include romance scams, identity theft, phishing operations and business email compromise. The attraction surrounding internet fraud is often linked to the lifestyle associated with it. Internet fraud involves real people and businesses who lose money, personal information or trust because of fraudulent activities.