Scams from Africa

I can't work out if these people are incredibly stupid or just very greedy AND stupid:

Police are staggered by the amount of money gullible Australians are losing to Nigerian investment scammers.

The long-running internet-based rort has netted more than $7 million from Queenslanders alone, and the loss Australia-wide is likely to be far higher, police say.

Among those being duped are financial advisers, lawyers and university professors, and one person had put $2.2 million into the hands of scammers over the past two years.
But the Queensland victims were only "the tip of the iceberg", Inspector Hay said.

Detective Superintendant Dyson said: "People tend not to report these crimes because for one reason or another they still believe the money is still coming through. There are times we have difficulty persuading them they are a victim."

Wow. Wish I had $2.2 million to squander. Sounds like a job for Scam Watch.

Update: Third Annual Nigerian EMail Conference for those interested in starting up a new career.