Thursday, April 22

Tag: fraud

Hong Kong Woman, 90, Loses £23million to Phone Scammers who Posed as Chinese Officials Claiming her Identity had been Used in a Serious Crime in China
News

Hong Kong Woman, 90, Loses £23million to Phone Scammers who Posed as Chinese Officials Claiming her Identity had been Used in a Serious Crime in China

A 90-year-old woman has lost £23million to scammers in Hong Kong who posed as Chinese officials in the city's biggest recorded phone scam. Police on Tuesday, April 20,  said scammers targeted an elderly woman living in a mansion on The Peak, Hong Kong's most luxurious neighbourhood. Last summer criminals contacted the unnamed woman pretending to be Chinese public security officials. They claimed her identity had been used in a serious criminal case in mainland China. She was told she needed to transfer money from her bank account into accounts held by the investigation team for safekeeping and scrutiny, the South China Morning Post reported, citing police sources. Police said several days later a person arrived at her house with a dedicated mobile phone and SIM card for her...
Nigerian man Arrested in India for Duping People on Pretext of Sending Expensive Gifts
News

Nigerian man Arrested in India for Duping People on Pretext of Sending Expensive Gifts

A Nigerian man who allegedly duped people on the pretext of sending gift parcels after befriending them on social media platforms has been arrested by the cybercrime wing of Rachakonda police in Hyderabad. The accused identified as Albert Emeka Christopher, 38, who was living in Uttam Nagar, West Delhi, was arrested on Monday, April 12. The police seized five mobile phones, 13 cheque books, nine ATM cards and a passport from him. According to the police, Albert, came to India in 2020 on a business visa. He started a cloth business at Uttam Nagar. He married to Roopa Hanchinmani from Karnataka. Later, he also came to know that some of his Nigerian friends were committing cyber frauds and earning huge money. The accused also decided to commit similar offences. He created ...
Court Convicts 11 Internet fraudsters in Port Harcourt
News

Court Convicts 11 Internet fraudsters in Port Harcourt

Justice Adamu Turaki Mohammed of the Federal High Court sitting in Port Harcourt on Friday, April 9, convicted and sentenced 11 internet fraudsters to various prison terms, for fraud. Those convicted are Anhwo Samson, Harry Omo-egbekun Hamilton, Odiase Martins, Okuson Godspower, Destiny Ighalo, Andrew Onoyoa, Omebu Happy, Enofe Michael, Adelakun Abdulkareem, Akpowowo Favour, and Imaah Joseph. The convicts were prosecuted by the Benin Zonal Office of the Economic and Financial Crimes Commission, EFCC, for offences bordering on impersonation and obtaining by false pretence. The charge reads: “that you Anhwo Samson (aka Anhwo Samcity), Adelakun Abdulkareem (aka Terry Walker), Omebu Happy (aka Christ David), Imaah Joseph (aka Pietro Jones) Enofe Michael (aka Charlotte Crypto B.T.C...
EFCC Hands Recovered ¥370,000, $1,800 USD To Japanese Victim Of Fraud
News

EFCC Hands Recovered ¥370,000, $1,800 USD To Japanese Victim Of Fraud

The Economic and Financial Crimes Commission, EFCC on Thursday, April 1, 2021 handed over the sums of ¥370,000 Japanese Yen and $1,800 USD, recovered from a fraudster, to the Japanese victim through officials of the Japanese Embassy, Abuja. The money was recovered by the EFCC following a complaint by one Hatsumi Ozeki on January 19, 2019. Investigation established that Ozeki was duped by one Evans Ewean-Obayagbona but the proceeds of crime was wired to him through the accounts of his accomplices- Samson Okonofua, Osifo Onaiwi-Kelly and Igbenedion Iyobor Mikel. Speaking while handing over the money to officials of the Japanese Embassy at the EFCC headquarters, Abuja, the Director of Operations, Abdulkarim Chukkol, reiterated the Commission’s commitment to the fight against cybe...
Man Bags Three Months Imprisonment for Fraud
News

Man Bags Three Months Imprisonment for Fraud

Justice Peter Affen of the FCT High Court, Maitama on Tuesday, March 25, sentenced one Ogbelegba Emmanuel Abel to three months imprisonment for offences bordering on obtaining money by false pretence and internet fraud. The convict was arrested on February 25, 2020, in his apartment in Maitama, Abuja following reports received by the Commission on his suspicious activities and questionable lifestyle. Upon conclusion of the investigation, the convict was arraigned in Court on one count charge of obtaining by false pretense. He pleaded ‘guilty’ to the charge preferred against him. Consequently, the court convicted and sentenced him to 3 months imprisonment with an option of fine of One Hundred Thousand Naira. The Court also ordered the convict to restitute his victim the s...
Man Jailed for Fraud After Promising To Use His ‘Spiritual Powers’ To Double N9M
News

Man Jailed for Fraud After Promising To Use His ‘Spiritual Powers’ To Double N9M

Justice A .A. Demi-Ajayi of the Federal High Court sitting in Benin City, Edo State, today March 24, 2021 sentenced Ogungbemi Taiwo to Eight months imprisonment for fraud. Taiwo who was prosecuted by the Benin Zonal Office of the Economic and Financial Crimes Commission, EFCC, had in August 2020 defrauded one Alkairu Sani of the sum of Nine Million, Two Hundred and Twenty Five Thousand Naira (N9,225,000) by representing himself as possessing the power of increasing and doubling the said sum through sacrifices and invocation. The charge reads: "that you Ogungbemi Taiwo on or about the month of August 2018 in Benin, Edo State within the jurisdiction of the Federal High Court of Nigeria did with intent to defraud induced one Alkairu Sani to pay the aggregate sum of Nine Million, Two...
Sa’idu Afaka, Buhari’s Driver Was Detained By DSS For Tricking The President – SR
Politics

Sa’idu Afaka, Buhari’s Driver Was Detained By DSS For Tricking The President – SR

President Muhammadu Buhari's driver was recently detained by the Department of State Services after tricking his principal to sign a fraudulent document to make millions of naira, SaharaReporters has learnt. The driver in question was identified as Staff Sergeant Sa'idu Afaka. A source in the Presidency told SaharaReporters how the driver capitalised on Buhari dementia to perpetrate the fraud. Though the details of the deal are still sketchy, SaharaReporters learnt that the whole affair was hushed up by the Presidency, which did not want another scandal in the press. "The fraud was perpetrated some weeks ago but it was kind of hushed up so that it would not leak to the press," the source said. SaharaReporters further gathered that it is generally known in the President's circle a...
EFCC Docks Man For N17.4 Million, $6,300 Fraud In Lagos
News

EFCC Docks Man For N17.4 Million, $6,300 Fraud In Lagos

The Economic and Financial Crimes Commission, EFCC, Lagos Zonal Office, on Monday, March 22, 2021, arraigned one Nanpan Salihu Yaniyang before Justice O.O. Abike-Fadipe of the Lagos State High Court sitting in Ikeja , Lagos on a four-count charge bordering on stealing and obtaining by false pretence to the tune of N17,449,000 ( Seventeen Million Four Hundred and Forty-nine Thousand Naira) and $6,300( Six Thousand Three Hundred United States Dollars). One of the counts reads: "Nanpan Salihu Yaniyang , sometime in 2020 in Lagos State , within the jurisdiction of this Honourable Court, with intent to defraud, obtained the sum of N17,449,000 (Seventeen Million Four Hundred and Forty-nine Thousand Naira) from Valerie Okoli and her co-investors under the pretence that you would help them ...
Twin Brothers Jailed for Fraud in Kwara
News

Twin Brothers Jailed for Fraud in Kwara

Twin brothers, Taiye and Kehinde Adebayo have been handed a jail sentence after being convicted over offences bordering on internet fraud. The twin brothers who were prosecuted by the Ilorin Zonal Office of the Economic and Financial Crimes Commission, were arraigned on a seven count charge to which they pleaded guilty. The charge against Taiye read in part; "That you, Taiye Adebayo, sometime in January, 2020, at Ilorin, within the judicial division of the Kwara State High Court, did cheat one Gary Brenton who you met on TWOO dating site, of the sum of $490 (Four Hundred and Ninety Dollars) received vide gift cards when you pretended to be female and thereby committed an offence contrary to Section 320 of the Penal Code and punishable under Section 322 of the same Penal Code." ...
ICPC arrests Ex-JAMB Registrar, Prof. Ojerinde over N900m Pencil & Eraser Fraud
Crime

ICPC arrests Ex-JAMB Registrar, Prof. Ojerinde over N900m Pencil & Eraser Fraud

ICPC has arrested a former Registrar and Chief Executive Officer of the Joint Admission and Matriculation Board (JAMB), Professor Dibu Ojerinde, for allegedly misappropriating N900 million. Professor Ojerinde, who was arrested on 15th March, 2021, in Abuja, by operatives of ICPC, is alleged to have committed multiple frauds while heading JAMB and the National Examination Council (NECO).He has been detained by the Commission for questioning over allegations of multiple identities, abuse of office, money laundering, tax evasion and making false statements to public officials. He has been detained by the Commission for questioning over allegations of multiple identities, abuse of office, money laundering, tax evasion and making false statements to public officials. The former JAM...
EFCC Boss, Bawa Testifies In ₦1.4 Billion Oil Subsidy Fraud Trial
Politics

EFCC Boss, Bawa Testifies In ₦1.4 Billion Oil Subsidy Fraud Trial

Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa on Wednesday appeared before an Ikeja High Court to give evidence in a N1.4 billion fraud trial involving an oil company, Nadabo Energy. Led in evidence by the prosecution counsel, Saidu Ateh before Justice C. A. Align, the EFCC boss analysed the email correspondences of the defendant. He said investigation revealed that the defendants, contrary to their claims took about 6 million litres PMS from the mother vessel to their chartered vessel. He said the email further confirmed that the same quantity was discharged at Port-Harcourt. "In addition, the email also informed us that one Mr Jide Akpan was the agent of the vessel. "We invited the said Akpan and during the course of our interrogatio...
UK Government to Return £4.2m James Ibori Loot to Nigerian Government
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UK Government to Return £4.2m James Ibori Loot to Nigerian Government

The British Government has announced plans to return £4.2million funds recovered from friends and family members of convicted former Delta state governor, James Ibori. The British High Commissioner to Nigeria, Ms. Catriona Laing, disclosed this at a ceremony for the signing of a memorandum of understanding (MOU) between both the Nigerian and UK government in Abuja today March 9. She said this was the first tranche of such planned returns. She added that what is being returned to the Nigerian government was retrieved from friends and family members of Ibori. She noted the Ibori case is complicated and the United Kingdom authorities were still working on the total actual amount involved in the case. The Minister of Justice and Attorney General of the Federation, Abubakar Mala...
Uber Driver Smiles after Court Sentenced him to Prison for Fraud
News

Uber Driver Smiles after Court Sentenced him to Prison for Fraud

Justice M. A. Odegbola of the Oyo State High Court, sitting in Ibadan, Oyo State on Monday, March 8, 2021, convicted and sentenced one Michael Tosin Lawal, an Uber driver, to three-months in prison. A statement released by the Economic and Financial Crimes Commission EFCC says he was convicted after he pleaded guilty to an amended one count charge bordering on obtaining money by false pretense, preferred against him by the Ibadan Zonal Office of the EFCC. The lone charge reads, “that you, Michael Tosin Lawal ‘M’ sometimes in the year 2020, in Ibadan Oyo State, within the jurisdiction of this Honourable Court, with intent to defraud, obtained Gift Cards from one Trevor, a white male by falsely representing to him that you are a white female by the name Cyndy Tyler from the United...
Fugitive Prophet Shepherd Bushiri speaks about his Escape from South Africa Where he is Facing Criminal Charges
News

Fugitive Prophet Shepherd Bushiri speaks about his Escape from South Africa Where he is Facing Criminal Charges

Fugitive Malawian Prophet, Shepherd Bushiri has opened up on why he left South Africa where he faces money laundering, fraud and corruption charges. Recall that his escape nearly caused a diplomatic row between Malawi and South Africa as many media houses reported that he was smuggled using President Lazarus Chakwera’s presidential jet. Bushiri’s escape was discovered just a few hours before Chakwera’s departure for Malawi during his trip to South Africa. This led to him being detained for several hours before being cleared to take off by South African intelligence officials. However when interviewed on a local TV station, Bushiri feigned ignorance on how he fled from the country where he is facing criminal charges. He said; “To this day, I don’t know how I left South Afri...
Ondo Speaker, Others Invited By EFCC Over Fraud
Politics

Ondo Speaker, Others Invited By EFCC Over Fraud

Anti- graft agency, Economic and Financial Crimes Commission (EFCC) has invited the Speaker, Ondo State House of Assembly, Rt. Hon. Bamidele Oleyelogun over alleged financial scam rocking the Assembly. Also invited are the Chairman, House on Tertiary Education, Felemu Gudu Bankole and Babatunde Amos Olowogorioye, Deputy Clerk and the Clerk of the Assembly, Bode Adeyelu. However, two civil servants of the Assembly, Olusegun Kayode Oyadeji and O.J. Afolabi were alleged to have been detained over the weekend in connection with the alleged fraud. Sources revealed that the fraud was allegedly committed in 2019 when the lawmakers were said to have been penciled down to attend a two-day seminar organised by National Productivity Centre, Lagos. According to a source in the Assembly...
Ex-Kebbi Senator, Umaru Tafidan Argungu arraigned for N419m alleged fraud in Sokoto
Crime

Ex-Kebbi Senator, Umaru Tafidan Argungu arraigned for N419m alleged fraud in Sokoto

Umaru Tafidan Argungu, a former Nigerian senator has been arraigned for N419m alleged fraud in Sokoto. The 61-year-old was arraigned on Monday, March 1, before Justice Mohammed Mohammed of the Sokoto State High Court on one count charge of criminal misappropriation of public funds to the tune of N419, 744, 612. 30 (Four Hundred and Nineteen Million, Seven Hundred and Forty-Four Thousand, Six Hundred and Twelve Naira, Thirty Kobo). The former Senator who represented Kebbi North in the 6th Senate under the People's Democratic Party (PDP), is alleged to have diverted the said sum which was paid by the Sokoto State government as 40percent equity stake in Hijrah Investment Nigeria Limited, owners of Hijrah Textile Ltd. According to the Economic and Financial Crimes Commission, EFCC, th...
Facebook Bans Myanmar Military Accounts From its Platforms, Citing Coup
News

Facebook Bans Myanmar Military Accounts From its Platforms, Citing Coup

Facebook has banned the Myanmar military from using its Facebook and Instagram platforms with immediate effect, as weeks of mass demonstrations continue in the Southeast Asian country after the military seized power. “Events since the February 1 coup, including deadly violence, have precipitated a need for this ban,” Facebook said in a blog post on Thursday, February 25. “We believe the risks of allowing the Tatmadaw (Myanmar army) on Facebook and Instagram are too great.” The army seized power earlier this month after alleging fraud in a Nov. 8 election swept by Aung San Suu Kyi’s National League for Democracy (NLD), detaining her and other party officials. According to reports, at least three protesters and one policeman have been killed during violent protests in the cou...
How U.S. Will Recover $10.7 Million Restitution From Obinwanne Okeke
Crime

How U.S. Will Recover $10.7 Million Restitution From Obinwanne Okeke

Obinwanne Okeke, a Nigerian 'businessman' who was recently arrested for alleged $11 million fraud. Court documents show how the money will be recovered from Mr Okeke and distributed to three victims. Details of how the U.S. authorities will recover about $10.7 million ordered to be restituted by the convict, Obinwanne Okeke, have emerged. Court documents seen by PREMIUM TIMES covers how the total $10,679,166.54 (over N4 billion at the official exchange rate of N381 to $1) will be recovered from him. Mr Okeke, 33, also known as Invictus Obi, was on February 16 sentenced to 10 years in jail by an Eastern District Court of Virginia following his guilty plea to multi-year wire fraud in June last year. PREMIUM TIMES reported how the judge, Rebecca Smith, ordered Mr Okeke to r...
Malawian Police Issue new Warrant of Arrest for Prophet Bushiri and his Wife
News

Malawian Police Issue new Warrant of Arrest for Prophet Bushiri and his Wife

The Malawian police has issued a new arrest warrant for controversial millionaire Prophet Shepherd Bushiri and his wife Prophetess Mary Bushiri of the Enlightened Christian Gathering. Recall that after Malawian authorities stopped members of the Prophet's family from leaving the country for Kenya, the police stormed his home but could not find him and his wife, Mary. National Police spokesperson James Kadadzera confirmed the new warrant of arrest that was issued to fugitive Prophet Bushiri and his wife to Malawitalk. The Department of Immigration and Citizenship Services spokesperson Martin Gongolo, also said that the police stopped Bushiri’s family from traveling because they were suspecting that the preacher and his wife were fleeing the country and wanted to send their chil...
N30bn Benin Stormwater Project Is A Fraud – Obaseki Vows To Probe It
Politics

N30bn Benin Stormwater Project Is A Fraud – Obaseki Vows To Probe It

Edo State Governor, Godwin Obaseki (second right) and Secretary to the State Government, Osarodion Ogie inspecting the Textile Mill Road catchment of the Benin Stormwater project in Benin City…yesterday. Edo State Governor, Godwin Obaseki, yesterday, declared that the N30b Benin stormwater project embarked upon by the previous administration was a ploy to defraud Edo people. Obaseki stated this while inspecting the Textile Mill Road catchment of the project in Benin City. He said the stormwater project, conceived by the previous administration, was designed not to work for the benefit of Edo people, adding that his administration will probe the project and recover all the money stolen through it. “The stormwater project was a fraud. It was a contract to defraud Edo people. ...
Yusuf Adebowale Bello Wanted By EFCC For $2.2million Fraud
Crime

Yusuf Adebowale Bello Wanted By EFCC For $2.2million Fraud

Economic and Financial Crimes Commission (EFCC) has declared this young man wanted The public is hereby notified that YUSUF ADEBOWALE BELLO whose photograph appears above is wanted by the Economic and Financial Crimes Commission (EFCC) in a case bordering on Conspiracy and Business Email Compromise to the tune of USD2,200,000.00 (Two Million, Two Hundred Thousand USD) only. Bello, 27 year old, is a native of Ibeju Lekki in Lagos State. His last known address is No 2, Alasopupo Oko-Ewe, Ikorodu, Lagos State. Anybody with useful information as to his whereabouts should please contact the Commission in its Benin, Kaduna, Ibadan, Sokoto, Gombe, Maiduguri, Makurdi, Ilorin, Enugu, Kano, Lagos, Gombe, Port Harcourt and Abuja offices or through these numbers 09-9044751-3, 08093322644, 081833...
9 Men Arrested for Fraud in Minna
News

9 Men Arrested for Fraud in Minna

Nine suspected internet fraudsters have been arrested by operatives of the Economic and Financial Crimes Commission, EFCC. The suspects were apprehended today, February 22, in an early morning operation in Minna. Niger State The agency said their arrest by operatives from the Advance Fee Fraud Section, EFCC headquarters, was followed after a credible intelligence on their alleged fraudulent activities. Laptops, phones, and cars were recovered from the suspects during their arrest. According to EFCC, the suspects will all be charged to court as soon as investigation is completed.
Prophet Bushiri’s Family Barred from Leaving Malawi after he Fled From South Africa
News

Prophet Bushiri’s Family Barred from Leaving Malawi after he Fled From South Africa

Family members of embattled preacher, Prophet Shepherd Bushiri who few months ago fled South Africa where he is facing charges of theft, money laundering, and fraud in connection with an alleged R100 million investment scheme with his wife Mary, have been barred from leaving his home country, Malawi. Bushiri’s family were allegedly stopped from leaving Malawi for Kenya at Kamuzu International Airport (KIA). eNCA reported that Prophet Bushiri’s two daughters, Raphaella and Israella together with his mother-in-law, Magdalena Zgambo, and another family member, Esther Bushiri were turned away at Kamuzu International airport by Malawian authorities on their way to Kenya. While one of Bushiri’s lawyers maintained that one of the preacher's daughters requires urgent medical attention in...
Three Brothers, 13 Others Declared Wanted By EFCC For Fraud
Crime

Three Brothers, 13 Others Declared Wanted By EFCC For Fraud

The Economic and Financial Crimes Commissions Commission (EFCC) on Friday declared three brothers alongside 13 others wanted for various fraud related cases. The Commission in a tweet via its official Twitter account said that the brothers, Lasisi Ridwan Adeniyi, Lasisi Sodiq Fahm and Lasisi Wasiu Adeleke are wanted in a case of obtaining by false pretence. According to the EFCC, the siblings are natives of Ijebu-Ode Local Government Area of Ogun state, and their last known addresses are all located in Lagos state. “The following suspects have all been declared wanted for committing various fraudulent crimes. “The trio, Ridwan, Sodiq and Waisu are all natives of Ogun state and their last known addresses are as follows; No. 5 Tobiloba Lawal Street, Ocean Breeze Estate, Ologolo...
Convicted Nigerian Fraudster, Obinwanne Okeke to Undergo Treatment for ‘Fraud Mentality and Drug Abuse’
News

Convicted Nigerian Fraudster, Obinwanne Okeke to Undergo Treatment for ‘Fraud Mentality and Drug Abuse’

Convicted Nigerian fraudster, Obinwanne Okeke will be undergoing treatment for ‘fraud mentality and drug abuse’. A judge of an Eastern District court of Virginia, Rebecca Smith had ordered that the Nigerian man who was listed on the Forbes 30 under 30 category for his business exploits and wealth, be incarcerated in a medical facility where he would be subjected to ”full medical and mental health evaluation and treatment”. Premium Times reported that the evaluation cum treatment is part of the rehabilitation process to reform his conduct before he completes his jail term and is reintegrated into the society. Judge Smith, in her recommendations to the Bureau of Prisons said; “The defendant be incarcerated in the facility at the Federal Medical Centre at Butner, North Carolina ...
I May Lose my Leg if I do not get Bail – Former Pension Boss, Abdulrasheed Maina Begs Judge for Bail
Politics

I May Lose my Leg if I do not get Bail – Former Pension Boss, Abdulrasheed Maina Begs Judge for Bail

Embattled former chairman of the defunct Pension Reformed Task Team (PRTT), has appealed to Justice Okong Abang of the Federal High Court, Abuja, to grant him bail as he stands the risk of getting his leg amputated due to his failing health condition. Maina through his lawyer, Sani Katu SAN, made the appeal at the resumed hearing of his trial today February 19 Katu told the court that his client was taken to the University of Abuja Teaching Hospital, Gwagwalada, because of his worsening health condition and the medical report was exhibited in the bail application. The lawyer said Maina's leg might be amputated as the Kuje Correctional Centre where he is being held does not have the facility to attend to his state of health. Maina who is standing trial for an alleged N2 bill...
Obinwanne Okeke ‘Invictus Obi’ Sentenced To 10 Years In Prison
Crime

Obinwanne Okeke ‘Invictus Obi’ Sentenced To 10 Years In Prison

A Nigerian national was sentenced today to 10 years in prison for his involvement in a computer-based intrusion fraud scheme that caused approximately $11 million in known losses to his victims. “Through subterfuge and impersonation, Obinwanne Okeke engaged in a multi-year global business email and computer hacking scheme that caused a staggering $11 million in losses to his victims,” said Raj Parekh, Acting U.S. Attorney for the Eastern District of Virginia. “Today’s sentence further demonstrates EDVA’s and FBI’s worldwide reach in vigorously pursuing justice on behalf of American victims and others and holding international cybercriminals accountable, no matter where they commit their crimes.” According to court documents, Obinwanne Okeke, 33, operated a group of companies know...
Myanmar Coup: ‘Protesters Face up to 20 Years in Prison if they Obstruct Armed forces’- Myanmar military warns
News

Myanmar Coup: ‘Protesters Face up to 20 Years in Prison if they Obstruct Armed forces’- Myanmar military warns

Myanmar's military has warned anti-coup protesters across the country that they could face up to 20 years in prison if they obstruct the armed forces. According to the military, sentences and fines will also apply to those found to incite "hatred or contempt" towards the coup leaders. The new law was announced as armoured vehicles appeared on the streets of several cities. Hundreds of thousands of people have taken part in protests in recent days demanding the release from detention of their elected leaders, including Aung San Suu Kyi, and the restoration of democracy in Myanmar, after the military carried out a coup on February 1. Her party was elected in a resounding victory last November, but the military has alleged voter fraud without providing proof. In a statement...
Couple Bags 40 Years Jail Term for N53m Fraud
News

Couple Bags 40 Years Jail Term for N53m Fraud

A couple has been sentenced to 40 years imprisonment each. Ebiesuwa Abayomi Fredrick and his wife, Tinuola Idayat Oyegunle were sentenced to 40 years imprisonment each by Justice Joyce Abdulmalik of the Federal High Court sitting in Ibadan, Oyo State today, February 15, 2021. They were found guilty on all four counts of conspiracy and obtaining by false pretence brought against them by the Ibadan Zonal office of the Economic and Financial Crimes Commission, EFCC. The couple, in a classic advance fee fraud scheme, scammed one Dunni Olateru Olagbegi of the sum of N53, 713, 260.00 (Fifty-Three Million, Seven Hundred and Thirteen Thousand, Two Hundred and Sixty Naira) in cash and bank transfer. They claimed they were performing a spiritual cleansing in order to avoid calamitous...
Kwara Lecturer, Opashola Abdullahi Pleads Guilty to Romance Scam
News

Kwara Lecturer, Opashola Abdullahi Pleads Guilty to Romance Scam

Opashola Abdullahi, a lecturer of the Kwara State College of Health Technology, Offa, has pleaded guilty to a charge of romance scam. The Ilorin Zonal Office of the Economic and Financial Crimes Commission, EFCC, on Monday, February 8, 2021, arraigned him before Justice Adenike Akinpelu of the Kwara State High Court, Ilorin. Opashola was among the 32 internet fraud suspects arrested in Offa on September 14, 2020. His offence contravenes Section 95 of the Penal Code and punishable under Section 324 of the same Law. The charge reads "That you, Opashola Abdullahi, (alias Devin Snow), sometime in the month of August 2020 in Ilorin, within the jurisdiction of this Honourable Court, did attempt to cheat by personation, by portraying yourself as a female named Devine Snow via your em...
Cryptocurrency Ban: Every Medium Of Exchange Is Subject To Fraud & Criminality — Moghalu Counters CBN
Politics

Cryptocurrency Ban: Every Medium Of Exchange Is Subject To Fraud & Criminality — Moghalu Counters CBN

Former deputy governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu has criticized the apex bank’s reason for stopping cryptocurrency transactions in the country. CBN had in a statement released on Sunday February 7, said it banned cryptocurrency transactions because they are largely speculative, anonymous, untraceable and are increasingly being used for money laundering, terrorism financing and other criminal activities. Reacting to this while appearing on an Arise TV program on Monday February 8, Moghalu stated that the excuse of "cryptocurrencies being used to perpetrate fraud" is not a serious argument. The former presidential candidate in the interview averred that every medium of exchange is subject to fraud and criminality. Moghalu said all the apex bank neede...
CBN Investigates Cryptocurrency Companies’ Bank Accounts For Fraud
News

CBN Investigates Cryptocurrency Companies’ Bank Accounts For Fraud

The Central Bank of Nigeria (CBN) has opened investigations into bank accounts of companies involved in the trading of cryptocurrencies with the intention of blocking those with suspicious transactions and fraud. A top central bank official while giving THISDAY more insight into last week’s decision mandating banks to close all accounts belonging to cryptocurrency traders, also pushed back criticism of the policy, saying the bank won’t abandon its regulatory roles to critics. The bank also insisted in a statement yesterday by its Director of Communications, Mr. Osita Nwanisobi, that the restriction regime is to protect Nigerians and the financial system. The CBN, however, got allies yesterday on its ban on cryptocurrency trading through banks as the Association of Bureaux De C...
N702m Fraud: Doyin Okupe Has No Personal House In Abuja – Witness Tells Court
Politics

N702m Fraud: Doyin Okupe Has No Personal House In Abuja – Witness Tells Court

Bamidele Salam, a defence witness (DW4), on Monday, said Dr Doyin Okupe, former Senior Special Assistant (SSA) on Public Affairs to ex-President Goodluck Jonathan, does not have a personal house in Abuja. Salam told Justice Ijeoma Ojukwu of the Federal High Court, Abuja, while testifying in the ongoing money laundering trial filed against Okupe and two others by the Economic and Financial Crimes Commission (EFCC). The witness, who is currently a lawmaker representing Ede North, South/Egbedore/Ejigbo Federal Constituency of Osun, was the head of the media to Okupe. Salam, who said he was placed on N300, 000 monthly salary while being led in evidence by Joe Gadzama, SAN, counsel to Okupe, also explained that he worked between Dec. 3, 2012 and May 2015. Salam said he neither l...
₦7.1 Billion Fraud: Why EFCC Must Stop My Fresh Trial – Orji Kalu
Politics

₦7.1 Billion Fraud: Why EFCC Must Stop My Fresh Trial – Orji Kalu

The Abuja division of the Federal High Court on Monday gave a former Abia State Governor and Senate Chief Whip, Dr. Orji Kalu the permission to challenge his retrial by the Economic and Financial Crimes Commission (EFCC) on alleged money laundering charges. Consequently, Justice Inyang Ekwo has ordered that the planned re-arraignment of the politician in the alleged N7.1billion money laundering charges be put on hold until the resolution of the legal questions raised against his retrial. In a motion exparte which was moved an argued by his counsel, Prof. Awa Kalu (SAN), Igbere TV reports that Senator Kalu asked for an order of Court prohibiting the EFCC from retrying him on same alleged money laundering charges against him. He contented that having been tried, convicted and se...
Judge Issues Arrest Warrant For Exxonmobil’s Richard Laing
Politics

Judge Issues Arrest Warrant For Exxonmobil’s Richard Laing

A federal court in Abuja has signed off on a warrant to arrest the head of oil major ExxonMobil in Nigeria to compel him to appear before anti-graft investigators, a statement for the Economic and Financial Crimes Commission (EFCC) said on Wednesday. The EFCC said it sought the warrant after Richard Laing, managing director of ExxonMobil Nigeria, rebuffed three invitations to appear before investigators probing alleged procurement fraud involving a pipelines project. Justice Okon Abang granted the EFCC’s bench warrant application on January 29, the EFCC said. It has not charged Exxon or others with wrongdoing, and its investigation is ongoing. EFCC spokesman Wilson Uwujaren told Reuters news agency that the investigation is into the company, and not Laing personally. “EFCC ...
EFCC to arraign Orji Kalu for Fraud Eight months after Retrial Verdict
Politics

EFCC to arraign Orji Kalu for Fraud Eight months after Retrial Verdict

The Economic and Financial Crimes Commission (EFCC) is set to arraign Orji Kalu, former governor of Abia state, before a federal high court in Abuja on charges of alleged fraud. The arraignment of the former governor is fixed for Tuesday, February 2, before Inyang Ekwo, a federal high court judge. Kalu who is currently the chief whip of the senate was sentenced to 12 years imprisonment in December 2019 after he was convicted for diverting N7.1 billion from the coffers of Abia state during his time as governor. The EFCC had preferred a 36-count charge against him and Ude Jones Udeogu, a former director of finance and account in Abia. Udeogu was also convicted and sentenced to 10 years in prison. Displeased with the judgement, Udeogu had filed an appeal to challenge the co...
Crime

EFCC Arrests 10 Students In Abuja For Yahoo-Yahoo

The Economic and Financial Crimes Commission on January 29, 2021 arrested 10 suspects over computer-related fraud known as ‘Yahoo-Yahoo’. They were arrested at their Academy in Bwari axis of Abuja where they were said to be learning the trade of cyber trickery. The suspects aged between 20 and 30 years, are Sixtus Jude, Moses Samuel, Isalan Johnny, Dapet Nimshak, Samuel Ogboche, Victor Samuel, Victor Asuquo, Ibrahim Yunusa, Yahaya Usman and Chijoke Ikwuoha. They were arrested with different incriminating items such as mobile phones and computers. The promoter of the Academy is however on the run. Investigations showed that the sponsor recruits and train young individuals who show interest in internet fraud. The sponsor gets his percentage of their earnings based on an...
25 Suspected Cultists Arrested In Ogun During Initiation Ceremony
Crime

25 Suspected Cultists Arrested In Ogun During Initiation Ceremony

Ogun State Police Command has arrested 25 suspected members of the Buccaneer cult group during an initiation ceremony in Abeokuta. The suspects were among 59 others paraded on Wednesday, for rape, kidnapping, murder, armed robbery, fraud, among others. Parading the suspects before journalists at the command’s headquarters, Eleweran, Abeokuta, the state Commissioner of Police, Edward Ajogun, disclosed that the suspects were arrested along with three herbalists, who conducted the initiation. The commissioner said the cultists were arrested following intelligence reports, that some cultists were planning to unleash mayhem on members of the public, after conducting an initiation rite for new members in Ita-Oshin area of Abeokuta. Items recovered from the suspects include ba...
Court Discharges Atiku’s Lawyer, Uyiekpen Giwa-Osagie Over Alleged $2m Fraud
Politics

Court Discharges Atiku’s Lawyer, Uyiekpen Giwa-Osagie Over Alleged $2m Fraud

A Federal High Court in Lagos has dismissed a $2million money laundering charge filed by the Economic and Financial Crimes Commission (EFCC) against Uyiekpen Giwa-Osagie, a lawyer to former Vice President, Atiku Abubakar. Justice Chukwujekwu Aneke held, among others, that the EFCC failed to establish that the money said to have been delivered to former President Olusegun Obasanjo in 2019, was illegal.
Buhari’s Ex-Aide, Obono-Obla Arraigned For Fraud, Certificate Forgery
Politics

Buhari’s Ex-Aide, Obono-Obla Arraigned For Fraud, Certificate Forgery

The Independent Corrupt Practices and other related offences Commission (ICPC) on Friday arraigned a former aide to President Muhammadu Buhari, Okoi Obono-Obla, and two others for fraud and certificate forgery. This Day reports that Mr Obono-Obla, a former Special Assistant to the President on Prosecution and ex-Chairman of the disbanded Special Presidential Investigation Panel for the Recovery of Public Property (SPIP), was arraigned alongside his co-defendants at the High Court of the Federal Capital Territory (FCT) in Apo, Abuja. The former presidential aide was arraigned along with his former Senior Assistant, Special Duties (Protocol), Aliyu Ibrahim, and the Managing Director of ABR Global Petroleum Resources Ltd, Daniel Omughele. Obono-Obla’s sacking PREMIUM TIMES had...
Ademola Adebukola ‘Holy Ghost’ Sent To Prison For Fraud
Crime

Ademola Adebukola ‘Holy Ghost’ Sent To Prison For Fraud

Kwara State High Court sitting in Ilorin has convicted a 29-year-old man Ademola Adebukola alias Holy Ghost on four counts of cheating and attempt to cheat. Justice Adenike Akinpelu convicted and sentenced the defendant to six months imprisonment on each of the counts after he pleaded guilty to the charges brought against him by the Economic and Financial Crimes Commission. The sentences are to run concurrently from September 14, 2020. One of the charges read: “That you, Ademola Adebukola, sometime in 2018, at Ilorin, within the Judicial Division of the Kwara State High Court while acting as Blackmore G. Scott a.k.a Holy Ghost with email address holyghost643@gmail.com did attempt to cheat one Sherri Reed by fraudulently inducing her to deliver the sum of $3,500 (three thousand, ...
₦10.9 Billion Fraud: Court Jails Ex-Finbank MD, Nwosu, Three Others
Business

₦10.9 Billion Fraud: Court Jails Ex-Finbank MD, Nwosu, Three Others

Justice Lateefa A. Okunnu of the Lagos State High Court sitting in Ikeja, on Tuesday, January 5, 2021, convicted and sentenced Okey Nwosu, a former Managing Director, Finbank Plc, to three years imprisonment for over 10bn fraud. The Economic and Financial Crimes Commission, EFCC, had arraigned Nwosu alongside Dayo Famuroti, Agnes Ebubedike and Danjuma Ocholi on a 26-count amended charge bordering on stealing and illegal conversion to the tune of N10,934,704,402. The defendants, who perpetrated the fraud while they were directors of the bank, pleaded not guilty to the charge preferred against them, thereby leading to their full trial. In the course of the trial, the prosecution counsel, Rotimi Jacobs , SAN, called witnesses and also tendered several documents that were admitted...
Politics

Biden denounces ‘irresponsible’ Trump fight to reverse election

  US President-elect Joe Biden on Thursday accused Donald Trump of brazenly damaging democracy, as the incumbent's campaign to reverse his election loss through fraud claims was dealt another blow with a recount in Georgia. Trump was behind "incredibly damaging messages being sent to the rest of the world about how democracy functions," Biden told reporters in his home state of Delaware. Trump has refused to accept his loss on 3 November, despite his opponent getting over six million more votes. Biden won the state-by-state Electoral College votes that ultimately decide who takes the White House by 306 to 232, flipping five states that went to Trump four years ago. That includes Georgia, where a hand recount of its five million ballots confirmed Thursday that Biden is t...
Nigerian Man Jailed For Fraud In United States, To Refund $1.6m
Crime

Nigerian Man Jailed For Fraud In United States, To Refund $1.6m

A Nigerian national was Thursday sentenced to 51 months in prison for his role in a conspiracy that laundered $1.7 million from US companies through a Business Email Compromise scheme otherwise known as Alibaba. In addition to the jail term, US District Court in Austin Texas also mandated 33-year-old Nosa Onaghise to refund $1.6 million of the stolen money; pay $230,000 in fines; and forfeit $14,282.50 found in his account. Onaghise will also be on supervised release for three years after completing his prison term. Court records show Onaghise was indicted with four other Nigerians who are already serving terms in the US for stealing over $10 million between 2016 and 2019. The conspirators were able to take out $6 million out of the loot before US law enforcement stopped furth...
Kaduna State Polytechnic student bags 5 years jail term for fraud
News

Kaduna State Polytechnic student bags 5 years jail term for fraud

A Kaduna state polytechnic student has been jailed for five years for fraud. Babuwa Christopher, a student of Quantity Survey was convicted and sentenced by Justice Mohammed Tukur of the Kaduna State High Court sitting in Kaduna on Wednesday, October 21. The defendant was convicted after he pleaded guilty to an amended one-count criminal charge.   The charge reads,” that you Babuwa Christopher of No. 3 Maha Close, Barnawa, Kaduna sometime in July, 2020 in Kaduna within the judicial Division of this Honourable Court with intent to commit an offence, had in your possession documents containing false pretence to wit; Union Bank Visa Card bearing Maduka M.O, Union Bank Visa Card with name Peter, Union Bank Visa Card of Jatau Richard, United Bank of Africa( UBA) debit card ...
Tinubu, Alpha-Beta, Others Accused Of Fraud, Tax Evasion, Money Laundering
Politics

Tinubu, Alpha-Beta, Others Accused Of Fraud, Tax Evasion, Money Laundering

Dapo Apara, a Nigerian chartered accountant, has accused a former governor of Lagos State, Bola Tinubu; a consulting firm, Alpha-beta, and a former commissioner in the state, Akin Doherty, of money laundering, fraud, tax evasion, and sundry corrupt practices. Mr Apara, in writ of summons deposed to at a Lagos high court, claimed that Mr Tinubu and Alpha-beta reneged on certain agreements reached in the past about the management and control of the consulting firm. Alpha-beta is a consulting firm handling the computation, tracking and reconciliation of Internally Generated Revenue (IGR) in Lagos State in return for a commission. Mr Apara, who claims to own 30 per cent stake in the company, alleged that Mr Tinubu “has directed and dictated the affairs” of the company by diverting...
EFCC Arrests Yahoo Boy And His Pastor, Gbenga Adesoju For N12.7m EFCC Arrests Yahoo Boy And His Pastor, Gbenga Adesoju For N12.7m Fraud In Osun
Crime

EFCC Arrests Yahoo Boy And His Pastor, Gbenga Adesoju For N12.7m EFCC Arrests Yahoo Boy And His Pastor, Gbenga Adesoju For N12.7m Fraud In Osun

The Economic and Financial Crimes Commission said it arrested a suspected cybercriminal (Yahoo boy), Adebayo Olawale; and his pastor, Gbenga Adesoju, a pastor in Ile-Ife, Osun State. The suspects were nabbed for allegedly defrauding one Umar Hayatu of Lafiya Quarters in Dukku Local Government Area of Gombe State to the tune of N12.7m. They were apprehended at Ile-Ife following a petition jointly written by the relatives of the victim (Umar Hayatu) and transferred to the EFCC Zonal Office on Thursday. Olawale and Adesoju were said to have conspired and defrauded their victim via social media platforms and phone calls under the pretence that he won a car, some expensive phones and offer of employment into a juicy position. “Adebayo, the prime suspect, contacted the victim sev...
Akpabio Denies Accusing NASS Members Of NDDC Contracts Fraud
Politics

Akpabio Denies Accusing NASS Members Of NDDC Contracts Fraud

The Minister of Niger Delta Affairs, Godswill Akpabio, Tuesday, denied that he accused members of the National Assembly of fraud concerning contracts from the Niger Delta Development Commission, NDDC. The minister had, during an investigative hearing at the House of Representatives, claimed that 60 percent of NDDC contracts went to the federal lawmakers. However, as the House threatened to initiate a criminal complaint of perjury and explore the possibility of a civil defamation suit against him, Akpabio denied he ever referred to members of the 9th House of Representatives as beneficiaries of contracts in NDDC. He noted that NDDC was yet to fully implement any budget since the commencement of the 9th National Assembly. Also, Akpabio while responding to questions after a vi...

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