Two men have been apprehended by the Kaduna State Police command for reportedly swapping the ATM card of an unsuspecting victim. In a statement signed by the Police Public Relations Officer (PPRO), DSP Mohammed Jalige, the public is urged to … Continue reading Two suspects arrested in Kaduna over ATM card fraud
EFCC Detains Receiver Manager and Captain Over Alleged N120bn Misappropriation: The Economic and Financial Crimes Commission (EFCC) has reportedly detained Mr Kamilu Omokide, the Receiver Manager appointed by the Assets Management Corporation of Nigeria for Arik Nigeria Limited, along with … Continue reading EFCC detains AMCON official over N120bn fraud in Arik Air
The Economic and Financial Crimes Commission (EFCC) is set to take legal action against a pair of twins and 26 additional individuals in Calabar, as they stand accused of involvement in internet fraud. The Uyo Zonal Command of the EFCC … Continue reading EFCC set to prosecute twins and 26 others for internet fraud
The House of Representatives has strongly criticized the alleged introduction of Nigeria Air during the final days of former President Muhammadu Buhari’s administration, labeling it as fraudulent. The Chairman of the House Committee on Aviation, Nnolim Nnaji, denounced the purported … Continue reading House of representatives labels Nigeria air launch as fraudulent
Sources have confirmed that Pauline Tallen, the former Minister for Women Affairs and Social Development, is currently in the custody of the Economic and Financial Crimes Commission (EFCC) in Abuja. The EFCC operatives at the agency’s Zonal Headquarters in Wuse … Continue reading EFCC interrogates former women affairs minister for alleged N2bn fraud
Deputy Superintendent of Police, Jerry Ogunsakin, was arraigned before the Federal High Court in Lagos, facing charges of conspiracy, obtaining by false pretense, and unlawful conversion of N128m. The Special Fraud Unit accused Ogunsakin of conspiring with five individuals to … Continue reading Policeman in court for alleged N128m theft
The money laundering trial involving Ali Bello, the nephew of Kogi Governor Yahaya Bello, and three others faced a delay at the Federal High Court in Abuja on Tuesday due to the absence of the defendants’ lead counsel, Ahmed Raji, … Continue reading Lead counsel’s absence delays trial of Kogi governor’s nephew in N3 billion fraud case
A civic group called the New Nigeria Movement has petitioned the “president-elect” Bola Tinubu, requesting an investigation into Sonny Echono, the Executive Secretary of the Tertiary Education Fund (TETFUND), for alleged corruption and involvement in employment irregularities. The group demands … Continue reading ICPC urged to investigate TETFUND executive secretary Sonny Echono over alleged employment racketeering and corruption
Abubakar Malami, the Minister of Justice and Attorney General of the Federation (AGF), has reiterated that he has no knowledge of the alleged illegal sale of 48 million barrels of crude oil worth $2.4 billion. Malami made this statement while … Continue reading Fruad: Minister of justice denies knowledge of alleged illegal oil sale
Femi Fani-Kayode, a former Minister of Aviation, is facing the possibility of an arrest warrant after repeatedly failing to appear at his trial, according to an Ikeja Special Offences Court. The Economic and Financial Crimes Commission (EFCC) had filed a … Continue reading Former minister Femi Fani-Kayode faces arrest as court issues bench warrant for his absence
The Enugu State Police Command has announced the arrest of four individuals involved in ATM card-swapping fraud. The suspects, consisting of three males and one female aged between 18 and 36, were apprehended on May 6, 2023, at approximately 4:30 … Continue reading Enugu state police apprehends ATM card swapping fraudsters
I&M Bank Rwanda has suffered losses of $10.3m in less than three months due to fraudulent client withdrawals, prompting an investigation to try to recover the money. The loss exceeded the $7.6m net profit I&M Group made from the Rwandan … Continue reading I&M Bank in Rwanda affiliate $10.3 million loses due to fraudulent withdrawals
The absence of a former Minister of State for Defence, Senator Musiliu Obanikoro, in court on Monday, 8 May 2023, caused a delay in the trial of former Governor of Ekiti State, Ayodele Fayose, who is facing an alleged N6.9bn … Continue reading Obanikoro’s absence delays Fayose’s trial over alleged N6.9bn fraud
On Friday, the Economic and Financial Crimes Commission (EFCC) arrested a total of 43 individuals, including Tijani Oluwaseun, who claimed to be a police officer serving in Ede, Osun, on charges of internet fraud. The operation took place in Ijebu-Ode … Continue reading 43 suspects, including fake police officer, arrested in Ogun state for internet fraud
A couple, Martin Ogiator and Wuraola Ogiator, have been arraigned before a Wuse Zone 2 Magistrates’ Court in Abuja by the police for allegedly defrauding Uchenna Ademiluyi of N71.3m. They were arraigned on a four-count charge of breach of trust, … Continue reading Couple arraigned for allegedly defrauding Abuja resident of N71.3m
Hundreds of Nigerian police constables who were recently recruited into the force have not been paid salaries for the past four months. The recruits passed out of police training institutions on 29 December 2022 and have not been paid since, … Continue reading Newly recruited Nigerian police constables cry out over unpaid salaries, depend on bribes and alms to survive
The Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami, has withdrawn the money laundering charge amounting to N1.84 billion against Nicholas Ashinze and eight other individuals. The defendants were being prosecuted by the Economic and Financial Crimes … Continue reading Malami withdraws N1.8b money laundering charge against ex-aide of Sambo Dasuki
The former Minister of Niger Delta Affairs, Godswill Akpabio, has been invited by the Economic and Financial Crimes Commission (EFCC) over allegations of abuse of office and misappropriation of billions of Naira. Akpabio had previously been invited for questioning on … Continue reading EFCC invites Godswill Akpabio again over multi billion naira fraud, despite previous excuse of illness
The Speaker of the Ondo State House of Assembly, Mr Bamidele Oloyelogun, has been arraigned before the state High Court in Akure by the Economic and Financial Crimes Commission (EFCC) over alleged fraudulent practices. Also arraigned alongside the Speaker are … Continue reading Ondo Speaker and others arraigned by EFCC for alleged fraud
The Economic and Financial Crimes Commission (EFCC) has recently announced its focus on investigating suspected fraudsters who use real estate for money laundering. Chris Mishela, a lawyer with the commission, disclosed this during a training for journalists on effective reporting … Continue reading EFCC focuses on fraudsters using real estate for money laundering
The investigation into the alleged loss of $2.4 billion in unremitted oil revenue has been ongoing for several months. The House of Representatives ad hoc committee was set up to investigate the matter, and it has been holding investigative hearings … Continue reading Alleged $2.4 billion oil fraud: Finance Minister Zainab Ahmed not complying, Attorney General ready to appear before reps committee
The Federal High Court in Abuja has scheduled May 30 and 31 for the continuation of the trial of Ali Bello, the nephew of Governor Yahaya Bello of Kogi State, and three others, who were arraigned by the Economic and … Continue reading Trial of Yahaya Bello’s nephew for alleged N3 billion fraud adjourned till May 30
Three Nigerian men are currently facing federal indictment in the U.S., accused of engaging in a money laundering and wire fraud scheme that resulted in losses exceeding $6 million. One of the suspects is being extradited from Canada to the … Continue reading Three Nigerian individuals facing federal indictment in the U.S for a wire fraud scheme with losses exceeding $6 million
Olalekan Jacob Ponle, popularly known as Mr Woodberry, has recently pleaded guilty to wire fraud in the United States District Court. Ponle, who is a known associate of the imprisoned internet fraudster Ramon Abbas, also known as Hushpuppi, has agreed … Continue reading Hushpuppi’s associate, Mr Woodberry, pleads guilty to wire fraud, forfeits $8 million and assets
Theranos founder Elizabeth Holmes, once hailed as the “next Steve Jobs” and the world’s youngest self-made billionaire, is set to report to prison at the end of the month after losing her bid to remain free during her appeals process. … Continue reading Theranos Founder Elizabeth Holmes to serve prison time starting end of April
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