Tag: fraud
FBI releases video showing how Hushpuppi scammed big companies around the world
From a $10,000 per month apartment at Pallazzo Versace to exclusive trips on private jets, expensive designer outfits and excessive show of wealth on [...]
British Airways scam: Bakare, others forfeit multi-billion naira properties to FG (PHOTOS)
Following a successful prosecution by the Economic and Financial Crimes Commission, EFCC, and conviction by the law court, two yahoo boys of Nigerian [...]
Sterling bank enmeshed in another fraud scandal
TVIO Solutions, a fintech company, has accused Sterling bank of allegedly stealing their intellectual property and have subsequently filed a N100 mill [...]
N25.7bn fraud: How ex Bank PHB CEO Francis Atuche begged judge not to jail him
A mild drama played out at the Ikeja High Court, venue of the sentencing of Francis Atuche, a former Managing Director of defunct Bank PHB to six [...]
Surety provided by Abiodun’s aide, Rufai is a suspected fraudster says US court
United States Magistrate Judge in Eastern District of New York, Ramon Reyes has received a letter from the US Department of Justice, claiming that [...]
Suspended Abiodun’s aide faces 30 years in US prison for $350,000 fraud
A Senior Special Assistant to the Ogun State Governor, Abidemi Rufai, faces up to 30 years in prison if he is convicted of wire fraud.
Ac [...]
Buhari’s son-in-law, Kumo wanted over $65m fraud
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has declared Gimba Yau Kumo, son-in-law of President Muhammadu Buhari, [...]
UK to return £4.2m Ibori loot as FG plan to deploy it to Niger bridge/Lagos-Ibadan expressway
The United Kingdom has committed to returning £4.2 million loot recovered from James Ibori, former governor of Delta state, and his associates.
[...]
Wire fraud: Obinwanne Okeke appeals 10-year sentence
Fraud convict, Obinwanne Okeke, more popularly known as Invictus Obi, has appealed against his recent sentence to10 years’ imprisonment by a U.S. cour [...]
Former EFCC boss, Ibrahim Lamorde promoted to DIG
The former boss of anti corruption agency, Economic and Financial Crimes Commission, EFCC, Ibrhaim Lamorde has finally been promoted to a deputy Inspe [...]