4 ms·
The Nigerian or Indian scammer will usually get 40-50 cents on the dollar in their local currency or crypto from a Chinese "gift card trader" who then sells it
by from 4y ago
The Nigerian or Indian scammer will usually get 40-50 cents on the dollar in their local currency or crypto from a Chinese "gift card trader" who then sells it on Paxful or in Wechat/Whatsapp groups for 10-20% more than that. The groups doing it on a large scale have "shoppers" who spend all day buying electronics with the cards for a % of the amount.