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Investigation Department Annex (FCID), Alagbion, Ikoyi, Lagos have disclosed that they had recovered N50 million withdrawn from the hacked bank account of ailing Nollywood actor, Mr John Okafor, popularly called Mr Ibu.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 …

The Economic and Financial Crimes Commission (EFCC) has arrested and detained the National Co-ordinator and Chief Executive Officer of the National Social Investment Programme Agency (NSIPA), Halima Shehu, over the ongoing probe into the N37,170,855,753.44 allegedly laundered in the Ministry of Humanitarian Affairs, Disaster Management, and Social Development, under former Minister, Sadiya Umar-Farouk. EFCC operatives stormed NSIPA’s office at the …

The Enugu Zonal Command of the Economic and Financial Crimes Commission (EFCC) has arraigned a man Simon Udeani, and his wife, Dorcas before Justice M.G. Umar of the Federal High Court sitting in Enugu. According to a statement posted on the official X handle of the EFCC on Tuesday, they were arraigned on three-count bordering on obtaining the sum of …

The Economic and Financial Crimes Commission (EFCC) says the rate of unauthorised withdrawals from bank accounts of customers has become alarming. The commission, through its Head of Media and Publicity, Dele Oyewale, stated this in a statement on Monday night. It noted that after some investigations, the commission found that such withdrawals are linked to Automated Teller Machine (ATM), Debit …

A civil servant in Oyo State, Ronke Mary Adeleke, has bagged a year imprisonment for official corruption. Adeleke works with Oyo State Ministry of Lands. She was convicted by the Chief Magistrate Court 1, Iwo Road Ibadan. The court was presided over by Magistrate Taiwo Oladiran on Friday. Oyo State Anti-Corruption Agency secured Adeleke’s conviction. The commissioner had earlier investigated …

Economic and Financial Crimes Commission (EFCC), has arraigned Aisha Alkali Wakil (a.k.a Mama Boko Haram), alongside Tahiru Saidu Daura and Prince Lawal Shoyode before Justice Umaru Fadawu of the Borno State High Court, Maiduguri, on two-count charges bordering on conspiracy and cheating to the tune of N150,000,000.00. Count two of the charges reads: “That you Aisha Alkali Wakil, Tahiru Saidu …