The Economic and Financial Crimes Commission EFCC, has arraigned three employees of Wema Bank Plc for allegedly defrauding customers of the bank to the tune of ₦8.5 billion. …
BankingFraud
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Fraud
- BankingFraud
N95m Fraud: Moniepoint, Kuda, Opay other CEOs risk prison for defying court orders
by Reporterby ReporterPRO International Concept Ltd. has filed an application at the Federal High Court in Lagos seeking to commit the managing directors of several banks to prison for contempt of court. …
- FraudNews
Sunsteel MD, Olalekan Adewoye, arraigned for $680,622.65 alleged fraud
by Reporterby ReporterThe Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, Okotie-Eboh, Ikoyi, Lagos, yesterday arraigned Olalekan Adewoye, Managing Director and Chief Executive Officer, CEO, of Sunsteel Industries …
- Fraud
Abuja Court Refuses Afriq Arbitrage CEO, Jesam Michael’s Bail Application Over $854K, N590m Fraud Charges
by Reporterby ReporterThe Federal High Court in Abuja on Friday refused the bail application of Jesam Michael, CEO of the Afriq Arbitrage System (AAS) cryptocurrency trading platform, amid charges of an alleged …
- CrimeFraud
Q-net Scam: EFCC arrests 3 people suspected of raking in hundreds of millions from students
by Reporterby ReporterOperatives of the Economic and Financial Crimes Commission (EFCC) have arrested three suspected fraudsters linked to a Q-net scam that allegedly raked in hundreds of millions of naira from students …
- CrimeFraud
NIGERIA: EFCC arrests Aisha Achimugu over alleged N8.7 billion fraud
by Reporterby ReporterOperatives of the Economic and Financial Crimes Commission (EFCC) have arrested Nigerian businesswoman and socialite, Aisha Achimugu, at the Nnamdi Azikiwe International Airport, Abuja. Achimugu was picked up …
- BreakingFraud
More troubles for Aisha Achimugu over missing $250m election fund
by Reporterby ReporterAs EFCC Discovers N1bn Jewelries, $50k, N30m Cash In Her Abuja Home Aisha Achimugu, the Group Managing Director and Chief Executive Officer of Felak Concept Group is literally swimming in …
The Economic and Financial Crimes Commission (EFCC) has declared eight individuals wanted over the alleged fraud perpetrated on Crypto Bridge Exchange (CBEX), a trading platform. The eight suspects …
- CrimeFraud
Court orders final forfeiture of Lagos property linked to N89m Sterling bank fraud
by Reporterby ReporterJustice Dehinde Dipeolu of the Federal High Court sitting in Lagos has ordered the final forfeiture of a storey building located at No. 26 Tolu Road, Olodi Apapa, in the …
- CrimeFraud
Alleged $1bn fraud: Court gives EFCC go-ahead to arrest, detain six CBEX staff
by Reporterby ReporterThe Federal High Court in Abuja on Thursday gave the Economic and Financial Crimes Commission (EFCC) the go-ahead to arrest and detain six promoters of Crypto Bridge Exchange (CBEX) over …