Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC), has assured those who invested in CBEX digital trading platform that they will get their money back. EFCC said it was already tracking the CBEX trading platform before the recent public outcry. According to several posts on X, the CBEX, which promised investors a 100 […]
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A British-Nigerian, Oludayo Adeagbo, has been sentenced to seven years in prison for his role in a multimillion-dollar business email compromise (BEC) scheme in the United States (US). According to the US department of justice, Adeagbo, who also goes by John Edwards and John Dayo, conspired with others to steal over $3 million from different entities in Texas, […]
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The Economic and Financial Crimes Commission (EFCC), has arraigned Aliyu Bello, a nephew to Kogi State Governor, Yahaya Bello for fraudulently withdrawing a sum of N10, 270,556,800 (Ten Billion, Two Hundred and Seventy Million, Five Hundred and Fifty-six Thousand Eight Hundred Naira) from Kogi State treasury. Justice James Kolawole Omotosho of the Federal High Court, […]
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The Minister of Finance , Budget and National Planning, Mrs. Zainab Ahmed, has suspended Ahmed Idris, as the Accountant General of the federation over alleged N80 billion fraud. Kokomansion recalls that, Idris was arrested by the Economic and Financial Crimes Commission (EFCC), in Kano, on Monday. The Special Adviser to the Minister on Media, Mr. […]
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The suspended commander of the police Intelligence Response Team (IRT), Abba Kyari, says Ramon Abbas, the self-confessed international fraudster popularly known as Hushpuppi reached his team to help recover N8 million for a friend. Abba Kyari, a deputy commissioner of police (DCP), had come under fire after Huspuppi, who is being tried in the US, […]
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The International Criminal Police Organisation, popularly known as Interpol, has traced a €500,000 COVID-19 fraud to Nigeria. The organisation made this known in a statement on its website titled, ‘Unmasked: International COVID-19 fraud exposed’. The alleged scheme was coordinated using compromised emails, advance-payment fraud, and money laundering. It stated that the fraud was uncovered by […]
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The minister of Niger Delta affairs, Godswill Akpabio, has denied accusing members of the national assembly of benefiting from contracts awarded by the Niger Delta Development Commission (NDDC). Recall that while appearing before a house of representatives committee probing an alleged mismanagement of N81.5 billion by the commission, the minister said national assembly members were […]
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Operatives of the Economic and Financial Crimes Commission, EFCC, Lagos Zonal Office, has arrested a serving military personnel, Lance Corporal Ajayi Kayode and 26 others for alleged internet fraud in the Lekki axis of Lagos State. Kayode, with service number NAF18/34732, was arrested in his military attire during an early morning raid at 6B, Fatai […]
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One Mr. Nwalozie Julius has been handed a three years prison sentence by a federal high court in Uyo, Akwa Ibom state, for impersonating Godwin Emefiele, governor of the Central Bank of Nigeria (CBN). Julius was arraigned by the Uyo zonal office of the Economic and Financial Crimes Commission (EFCC), on one-count charge, bordering on […]
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The Economic and Financial Crimes Commission (EFCC) on Wednesday stated it was monitoring more suspected Nigerian fraudsters apart from the 80 names released by the US Federal Bureau of Investigation (FBI). The Ibadan zonal head of the EFCC, Friday Ebelo, said, “Bigger suspects have been put on the commission’s watch list and will be tracked […]
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