Tag: fraud
Bank Customers Lose N42.7bn to Fraudsters in 3 Months
Bank customers lost a whopping N42.755 billion to fraudulent activities perpetrated through social engineering in just three months.
Social engineering is when fraudsters trick individuals...
EFCC arrests Igbinedion over alleged N1.6bn fraud
The former governor of Edo State, Mr Lucky Igbinedion, is currently being grilled by operatives of the Economic and Financial Crimes Commission, (EFCC) over...
Couple docked for alleged N60.5m fraud in Enugu
The Economic and Financial Crimes Commission, (EFCC) on Thursday arraigned a couple, Constancia Duk-Oye and Dukwe Oye Titus at the Federal High Court, Enugu,...
South African Brothers Flee With Investors’ $3.6 Billion Bitcoins
Two South African brothers have disappeared with Bitcoin worth $3.6 billion from their cryptocurrency investment platform, Africrypt.
The brothers, named Ameer Cajee who acted as...
How ex-MD, CFO defrauded Bank PHB N25.7b — Judge
An Ikeja High Court has sentenced Francis Atuche, a former Managing Director of the defunct Bank PHB (now Keystone Bank), to six years’ imprisonment...
Reps summon Buhari over alleged oil licensing fraud
The House of Representatives Committee on Petroleum Resources (Upstream) has threatened to summon President Muhammadu Buhari over the circumstances surrounding the revocation and re-award...
Dismissed FRSC personnel remanded over alleged N673,000 fraud
An Ilorin Magistrates’ Court, on Tuesday ordered the remand of a dismissed personnel of the Federal Road Safety Corp (FRSC), Tokunbo Ajisafe, accused of...
Man, 40, docked over alleged N1.2m fraud
A 40-year-old man, Abubakar Muhammad, was on Wednesday brought before a Senior Magistrates’ Court sitting in Kano for allegedly defrauding one Jibrin Abdullahi of...
N40billion Fraud: Lawmakers orders arrest of NDDC’s Pondei
The House of Representatives Committee on Niger Delta Development Commission (NDDC) has issued a warrant of arrest on the acting Managing Director of the...
N1.5billion fraud: Ex-NIMASA boss bags 5-year jail-term
A Federal High Court sitting in Lagos on Wednesday handed a five-year jail-term to a former executive director of the Nigerian Maritime Administration and...
N700m fraud: CSO urges Edo voters to reject Ize-Iyamu over criminal...
…charges Buhari, EFCC chair, Umar to keep watch against undue interference
An Edo-based civil society group, Forum for Progressive Governance and Accountability (Forum4PGA), has called...
Linking me to Hushpuppi irresponsible – Saraki
Immediate past Senate President Bukola Saraki has described as “irresponsible and cheap politics” a statement credited to the All Progressives Congress (APC) linking him...
Wirecard: Police invade HQ in Munich, others
Police and public prosecutors raided Wirecard’s headquarters in Munich and four properties in German and Austria on Wednesday as they widened their investigation into...
2.5bn fraud: ICPC re-arraigns ex-NBC DG, Modibbo-Kawu
Suspended director-general of the Nigeria Broadcasting Corporation (NBC), Ishaq Modibbo-Kawu was re-arraigned by the Independent Corrupt Practices and other related offences Commission (ICPC) on...
The Hushpuppi in us
By Jubal Kanayo
On June 10, 2020, Social Media was awash with news that Ramoni Akanni, known to his known to his 2.4 million Instagram...
CEO arrested over missing $2billion
Markus Braun, the Austrian tech entrepreneur who built Wirecard into one of Germany's biggest companies, has been arrested after a $2.1 billion hole exploded...
4 persons in Police net over fake bank alerts
The Police on Monday said they have arrested four suspects over alleged generation of fake bank alerts and sending same as evidence of online...
