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Cybersecurity company Agari detailed a newly discovered Nigerian email scam team, dubbed "Scattered Canary," composed of dozens of members, in a new report released Wednesday. Why it matters: The big picture: Agari won't publicly discuss its methods for gaining intelligence on Scattered Canary.

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But given methods they've used to detail similar elmira girls suck feet in the how to report nigerian email scams, which were only shared with Axios under the condition that they not be included in stories, they have extensive visibility on how a group operates, who is involved and their criminal history.

Scattered Canary started as a small-time operation in — a single actor dubbed "Alpha" running Craigslist scams with the help of a more seasoned mentor, dubbed "Omega.

Like other groups, Scattered Canary uses commercial lead generation services to compile lists of potential victims.

The bottom line: Conventional hackers may get most of the attention, but email fraud is a thriving industry with a higher return on investment.

Go deeper: Email scammers take advantage of Gmail dot feature.

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Skip to content Mobile toggle main menu Axios. Steve King: Axios Cities: GM vs. Pelosi rules out U. Axios Autonomous Vehicles: Wind power is winning in the U.

Axios Login: Sign up for a daily newsletter defining what matters in business and markets Email. Joe Uchill Jun 5, Alpha is currently engaged and has three kids.

Inhe began running romance scams, extorting money from victims and using them to do menial tasks in other scams, such as opening bank accounts. InAlpha started scamming corporations and began hiring additional employees.

Sincethe group has perpetuated several fraudulent attacks on the U. It's also filed applications for Texas unemployment benefits under 9 identities and applications for FEMA disaster assistance under 3 identities. Agari lists several email accounts associated with the group in its report.

Hassold says, "I'm worried about what happens when the Eastern European, Russian and Southeast Asian groups realize, 'Why are we spending so much money on infrastructure scaams paying developers to develop malware when we could just send an email to someone, ask them to send us money and they'll do it?