Fraud
US Extradites Nigerian Over Multimillion-Dollar Fraud Scheme
The United States Department of Justice has confirmed the extradition of Tochuwku Nnebocha, a 43-year-old Nigerian, from Poland to face federal charges linked...
Nigerian Man Sentenced in U.S. to Over Eight Years for $6m International Inheritance Fraud
A United States District Court has sentenced a Nigerian national, Ehis Lawrence Akhimie, to over eight years imprisonment for his role in a...
APC Issues Scam Alert Over Fake ‘Bola Tinubu Empowerment Programme’
The All Progressives Congress (APC) has sounded a warning to Nigerians regarding a fraudulent scheme falsely presented as a “Bola Tinubu empowerment” programme....
EFCC Vows to Recover N1.3 Trillion Lost in CryptoBank Exchange (CBEX) Scam
The Economic and Financial Crimes Commission (EFCC) has pledged to recover the staggering N1.3 trillion lost by Nigerians in the alleged CryptoBank Exchange...
FirstBank Denies Fraud Allegations, Cites “Unethical Dealings” by Former Employee
FirstBank of Nigeria Limited has refuted allegations of fraudulent activity within its organization, dismissing them as completely baseless. The allegations surfaced in connection...
UK Deportation Threat Looms Over Nigerian Nurses Amid Fraud Probe Delays
A distressing situation is unfolding for numerous Nigerian nurses employed within the United Kingdom’s healthcare system. Despite ongoing appeals against fraud allegations stemming...
Cryptocurrency Arms Trade: Nigeria’s Security Crisis Deepens, EFCC Warns
The Economic and Financial Crimes Commission (EFCC) has raised a stark alarm: cryptocurrency is now a primary conduit for the illicit importation of...
Banks and Fintechs Under Fire: NIBSS Alleges Blatant Disregard for Withdrawal Limits, Fueling Fraud Surge
A stark revelation from the Nigeria Inter-Bank Settlement System (NIBSS) has cast a shadow over the integrity of Nigeria’s digital financial landscape. A...
EFCC Recovers Over N248 Billion, $105 Million, and Secures 3,455 Convictions in One Year
The Economic and Financial Crimes Commission (EFCC) has announced the recovery of over N248 billion, $105 million, and other currencies, along with securing...