The Federal Bureau of Investigation (FBI), has urged the Economic and Financial Crimes Commission (EFCC), to help with the arrest of two Nigerian fugitives wanted over healthcare fraud in the United States. Babatunde Shodiya and Yinka Jamiu were on 25 September indicted by a grand jury at the U.S. District Court of Minnesota over a scheme that saw healthcare providers …

New York’s scandal-plagued mayor Eric Adams was federally charged Thursday with crimes including wire fraud, soliciting illegal foreign campaign donations and bribery conspiracy, a stunning indictment unsealed amid calls for him to resign. The grand jury indictment follows a sweeping probe into the mayor’s campaign and his close associates on whether he conspired with Turkish government officials to receive illegal …

Fraud cases involving computer, mobile, and Point-of-Sale (PoS) systems accounted for the majority of fraudulent activities recorded in Nigeria during the second quarter of 2024. This was revealed in the latest fraud report by the Financial Institutions Training Centre (FITC), which detailed a total of 11,532 cases during the period under review. “Computer/web fraud, mobile fraud, and PoS-related fraud were …

Operatives of the Nigeria Police Force have arrested a crypto billionaire, Linus Williams, popularly known as BLord. Blord was arrested in Abuja on Tuesday following allegations of cryptocurrency fraud, terrorism funding, and aiding internet fraud among others against his companies. Speaking in an interview with our correspondent, the Force spokesperson, Muyiwa Adejobi, said he was arrested due to complaints against …

The Economic and Financial Crimes Commission (EFCC) is probing 10 senior officers of the Nigeria Security and Civil Defence Corps (NSCDC) over an alleged N7.5 billion fraud. The anti-graft agency has also invited 10 contractors linked with the alleged fraud. The EFCC Chairman, Ola Olukoyede, had on 26 April 2024, written a letter to the NSCDC CG, inviting the 10 …

The Lagos Division of the Court of Appeal has upheld the judgment of a Lagos State High Court, which sentenced two officials of Keystone Bank, Anayo Nwosu and Olajide Oshodi, to five years imprisonment over an N855 million fraud. The Appeal Court, in a unanimous judgment delivered by Justice Folasade Ojo, dismissed the separate appeals by Nwosu and Oshodi against …

Justice Ismail Ijelu of an Ikeja Special Offences Court on Wednesday sentenced an 18-year-old Secondary School Certificate (SSCE) holder, Henry Bilabi to a two-year imprisonment for impersonating on Tiktok to defraud unsuspecting citizens of $500. The convict was however given an option of N1 million fine which must be paid within 30 days. Justice Ijelu sentenced Bilabi following his plea …

With cryptocurrency fraud and Internal Revenue Service (IRS) scams making headlines, I had thought Nigerian email schemes were a thing of the past, akin to the bygone days when a scammer might offer to sell you the Brooklyn Bridge. So I was surprised to come across an article about a 62-year-old Swedish divorcee named Maria Grette. She had set up a dating profile and soon …

Detectives at the Force Criminal Investigation Department Annex (FCID), Alagbion, Ikoyi, Lagos have disclosed that they had recovered N50 million withdrawn from the hacked bank account of ailing Nollywood actor, Mr John Okafor, popularly called Mr Ibu. Consequently, Ibu’s son, Onyebuchi Okafor and his lover, Jasmine Okekeagwu, were arrested and charged to court for conspiracy and stealing. Their arrest, according …

The Economic and Financial Crimes Commission (EFCC) has reopened money laundering cases against 13 former governors and some former ministers, with the amounts involved running into over N853.8 billion. According to Sunday PUNCH, it was revealed that the amount at stake in the high-profile cases involving the former governors and ex-ministers was not less than N772.2 billion, however, the anti-graft …