An FBI investigation that has lasted almost three years has resulted in the indictment of 80 individuals for various kinds of fraud schemes. Almost all of the alleged crimes involve internet fraud. In announcing the indictments, the FBI's Los Angeles office called it one of the largest internet fraud schemes that it had ever seen.
According to the indictment, the alleged conspiracy involves mostly Nigerian nationals. Two of the named defendants are already in FBI custody, and 11 suspects have been arrested in Southern California. Six are fugitives already in the United States. A majority of the remaining defendants are believed to be living in Nigeria.