Tag: fraud

The arraignment of a businessman, Chief Cletus Ibeto before Justice I.O. Ijelu of the Lagos State High Court sitting in Ikeja for an alleged N4.8 billion fraud was, again, stalled…

The Senate has said that it would work with the nation’s anti-graft agencies to retrieve N135 billion in Central Bank of Nigeria intervention funds that were given to certain oil…

Cristiano Ronaldo is being sued from plaintiffs claiming they suffered losses from his promotion of the now-legally embroiled crypto exchange Binance.   Ronaldo’s Binance NFTs allegedly promoted investments in unregistered…

Nigerians should be cautious of ATM swap fraudsters, the Economic and Financial Crimes Commission (EFCC) has warned. The commission has received a plethora of public complaints on the issue. The…

According to reports, Godwin Emefiele, the former Governor of the Central Bank of Nigeria (CBN), is expected to return over N1.6 billion as part of a plea bargain. This comes…

  Amobi Chika, 23, was detained by police detectives in the state of Ondo for allegedly transferring N5 million unlawfully from one account to another. The culprit, who was paraded…

Babatunji Wusu – Lawrence Success Karinate, a Peer-to-Peer (P2P) crypto dealer, was found guilty of computer-related fraud by the Federal High Court in Ikoyi, Lagos. Karinate was tried by the…

Babatunji Wusu – The Ijebu East Local Government’s suspended chairman has been freed, according to the State Security Service (SSS). The secret police detained Mr. Adedayo on Friday after he…

Babatunji Wusu – Wale Adedayo, the suspended chairman of Ogun State’s Ijebu East Local Government Area, was held by the Department of State Security (DSS), Ogun State command, on Friday…

Babatunji Wusu – The local council’s chairwoman claims that Governor Abiodun’s illegal confiscation of local council monies has rendered the 20 local councils inoperative and exposed their personnel to ridicule…