Tag: fraud
Yemi Edun led FCMB: A financial institution dogged by fraud related controversies
First City Monument Bank (FCMB), a member of FCMB Group Plc, is a financial services holding company headquartered in Lagos.
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N559m fraud rocks Providus Bank as court orders it to refund money taken out of customer’s account
The Federal High Court sitting in Lagos has ordered that Providus Bank Limited transfer back the remaining balance of N329,454,650.28 alleged to have [...]
FarmKonnect founder, Oluwole Azeez declared wanted for allegedly defrauding investors
Socialite and founder of FarmKonnect Agribusiness Nigeria Limited, Oluwole Azeez Saheed, has been declared wanted by the Nigerian Police Force for inv [...]
Sterling Bank staff disappears with customers’ N300m
Fame-Eruagbere, a staff of Sterling Bank Plc, Effurun, Delta State Branch, is currently on the run after allegedly defrauding customers of the bank of [...]
Lagos court grants businesswoman, Olubunmi Akintoye Adeola N400m bail for committing N233m fraud
Justice A.O.Okunuga of the Lagos State High Court sitting in Ikeja, Lagos has granted bail to a businesswoman, Olubunmi Akintoye Adeola, who is being [...]
EFCC arraigns FCMB banker for forgery, obtaining by false pretence
The Benin Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Wednesday, June 1, 2022 arraigned a banker, Adeyemi Sule Waliu befor [...]
One week, one trouble: Court awards N10m damages against FCMB for putting wrong picture on client’s debit card
It is almost beginning to look like every week, First City Monument Bank FCMB is enmeshed in one controversy or the other.
In another case of infract [...]
FCMB manager docked for committing over N1.2bn fraud
A branch Manager of a First City Monument Bank, FCMB, Tope Munis, has been dragged before a Lagos High Court sitting in Ikeja for allegedly aiding and [...]
Fraudulent activities give depositors sleepless nights about safety of their fund in Sterling Bank
The increased rate of alleged fraudulent activities in Sterling Bank Plc, in the year 2021, as well as its porous internal control, is giving deposito [...]
Access Bank launches awareness campaign to combat e-banking fraud
As part of its continued commitment to educate and protect customers from e-banking fraud, Africa’s largest retail bank, Access Bank Plc, has launch [...]