fraud
20 Dec
A 52-year-old man, Solomon Ajiboye, on Friday, appeared before an Ojo Magistrate Court in Lagos, for allegedly obtaining the sum of N310,000
13 Dec
Operatives of the Economic and Financial Crimes Commission EFCC, have arrested Osang Otukpa, suspected of defrauding 139 Australians out of AUD 8 million through a fraudulent cryptocurrency platform. The EFCC detained Otukpa at Lagos’ Murtala Muhammed International Airport (MMIA) after his return from the United States. Dele Oyewale EFCC spokesman said, “Operatives of EFCC have…
12 Dec
The Lagos State Command of the Nigeria Security and Civil Defence Corps (NSCDC), yesterday, paraded suspects who allegedly engaged in different crimes, like defilement of minors, vandalism, theft of street lights, visa racketeering, fraud and other sharp practices.
8 Dec
The Zone 16 Police Command on Saturday paraded three suspects for allegedly engaging in illicit drugs and fraudulent activities. A statement by the zone spokesman in Yenagoa, SP Gunn Emonena, said the Zonal Financial and Cyber Crime unit, based on credible intelligence, stormed Rumukparali Community in Obio/Akpo Local Government of Rivers to arrest the suspects.…
6 Dec
Nigerian Okechukwu Valentine Osuji was sentenced to eight years in prison on Thursday for his involvement in a $6 million fraud.
5 Dec
A Lagos High Court sitting in Ikeja yesterday convicted and sentenced a couple, Harry Uyanwanne and Oluwakemi Odemuyiwa (also known as Kristein Uyanwanne), along with Temple International Church, to 10 years imprisonment for stealing N52 million. The trial judge, Justice Mojisola Dada, also ordered the deregistration and closure of Temple International Church, stating that it…
4 Dec
The many reactions and comments to one of my LinkedIn posts that analysed how “Artificial intelligence helped the United States Treasury Department recover $ 1 billion worth of check fraud” have spurred me to write on why modern businesses must adopt AI to prevent fraud. Fraud detection systems and other business-critical tools rely on machine…
28 Nov
The trial of former Minister of Power, Saleh Mamman, continued on Wednesday, November 27, 2024, in the Federal High Court, Abuja, presided over by Justice James Omotosho, with the cross-examination of the third Prosecution Witness (PW3), Colonel Adebisi Adesanya (retd.). The cross-examination followed the testimony of the witness on Tuesday, November 26, 2024, in which…
28 Nov
The Force Criminal Investigation Department (FCID) has detained a self-acclaimed licensed Bureau De Change (BDC) operator, Chinedu Ngwaka, for alleged fraud of N320 million. The FCID’s Police Public Relations Officer (PPRO), ASP. Aminat Mayegun, confirmed this in a post she shared on her X handle @mayegunAmina on Wednesday. She said that the police received a…
27 Nov
An Abuja High Court, on Wednesday fixed December 10 for ruling in the bail application filed by former governor of Kogi, Yahaya Bello of Kogi and two others. Justice Maryann Anenih fixed the date after counsel for the prosecution, Kemi Pinheiro, SAN, and the defence, Joseph Daudu, SAN, presented their arguments for and against the…
27 Nov
ACTIVITIES of cyber criminals appear to be on the rise as hackers were able to steal about N53.4 billion from banks in nine months. FITC Fraud and Forgery reports for the first, second and third quarters of 2024 revealed this loss. According to FITC, while there was a minimal loss of N468.4 million in Q1,…
27 Nov
Wema Bank Plc has reaffirmed its commitment to combating fraud and protecting customers' financial interests. This was disclosed at a seminar hosted by Wema Bank to commemorate International Fraud Awareness Week 2024, themed ‘Share A Story, Stop A Scam’, which was held at the bank's head office in Lagos. The bank’s MD/CEO, Moruf Oseni, emphasised…
Latest
2 mins ago
Yemen's Huthi rebels said Wednesday that they had fired a ballistic missile at central Israel, with Israeli forces saying they intercepted the attack.
8 mins ago
New Vietnamese internet rules requiring Facebook and TikTok to verify user identities and hand over data to authorities came into force on Wednesday, in what critics say is the latest attack on freedom of expression.
9 mins ago
Gov. Peter Mbah of Enugu State has urged Christians to embrace love, peace and unity as they commemorate the birth of Jesus Christ. The governor, in a statement on Wednesday, recalled that love, peace and unity were the real essences of Christmas. He also emphasized the importance of peaceful coexistence to nation-building. Mbah noted the…
14 mins ago
Fuelled in part by the success of TV hit "Shogun", foreign studios are hungry for quality Japanese content and local creators are adapting to meet demand.
17 mins ago
Gov. Francis Nwifuru of Ebonyi has urged public officeholders to use the yuletide celebration to extend love and kindness to the less privileged, especially those around them. In his Christmas message issued by his Chief Press Secretary (CPS). Mr. Monday Uzor, on Tuesday, the governor said the season should characterize love, kindness and generosity. “This…
19 mins ago
The Lichtenburg Magistrate’s Court in South Africa has adjourned the drug possession and dealing case against Nigerian Theophilus Ejiofor, to January 6, 2025. The Guardian reported that Ejiofor, 48, was arrested on December 18 and will remain in custody while his South African co-accused, Kgomotso Pholoholo, 33, was granted a bail of R1,000. The arrests…
22 mins ago
Novak Djokovic is confident he can still win Grand Slams, starting at the Australian Open, with the Serbian kickstarting his bid for an unprecedented 11th title and record 25th major crown in Brisbane this week.
26 mins ago
Gov. Lucky Aiyedatiwa of Ondo State has urged residents to spread love, kindness, and generosity at Christmas. Aiyedatiwa made the call in a statement by his Chief Press Secretary, Prince Ebenezer Adeniyan, on Tuesday in Akure. The governor congratulated the people for witnessing another Christmas celebration and urged them to embrace modesty during the yuletide.…
30 mins ago
Kogi House of Assembly on Tuesday approved N582,404,119.489 budget proposal for 2025. The lawmakers passed the bill in Lokoja after a presentation by the House Standing Committee on Appropriation, Budget Monitoring, and Economic Planning. At the clause-by-clause consideration by the sub-Committee of Supply, the Speaker, Mr Aliyu Yusuf, said the bill had authorised recurrent expenditure…
33 mins ago
Gov. Ahmadu Fintiri of Adamawa has congratulated Christians on the celebration of the 2024 Christmas. Humwashi Wonosikou, Chief Press Secretary to the Governor, made this known in a statement on Tuesday in Yola. Fintiri reminded Christians that Christmas, the birth of Jesus Christ, signified hope and salvation brought to the world in need of redemption.…