ESET, a global digital security firm, has weighed in on the rising threat of online scams following a major crackdown by Nigeria’s Economic and Financial Crimes Commission (EFCC). Earlier this week, the EFCC raided the Big Leaf Building in Lagos, identified as a hub for fraudulent financial activities, arresting 792 individuals. Among those ...

The Lagos State High Court in Ikeja has sentenced businesswoman Oluremi Phillips to 17 years imprisonment over a ₦57.69 million fraud. Justice I.O. Ijelu delivered the judgment on Thursday, convicting Phillips and her company, Omritas Energy Limited, on five counts of stealing and issuing dud cheques. The charges were linked to a failed 2016 agreement ...

New York Attorney General Letitia James has refused a request by former President Donald Trump to vacate a $486 million civil fraud judgment against him and his company, asserting the case’s legitimacy and rejecting claims of political bias. In a letter to Trump attorney John Sauer, James’ office stated, “This Office will not stipulate to ...

The Kano State Police Command has apprehended three suspected fraudsters and seized counterfeit currencies totaling N129,542,823,000. The suspects, identified as Nura Ibrahim (26) of Sharada Quarters, Kano; Mohammed Muktar (35) of Hotoro Quarters, Kano; and Ahmad Abdullahi (30) from Kaga Local Government Area of Borno State, were arrested following a tip-off from a concerned citizen. ...

  Justice Mojisola Dada of the Lagos High Court, Ikeja, has handed down a 10-year imprisonment sentence to a couple, Harry Uyanwanne and Oluwakemi Odemuyiwa (also known as Kristein Uyanwanne), alongside closingTemple International Church, for stealing N52 million. In a landmark ruling, Justice Dada also ordered the deregistration and closure of Temple International Church, citing ...

  Former Kogi State Governor Yahaya Bello has filed an appeal with the Supreme Court, challenging the Economic and Financial Crimes Commission’s (EFCC) declaration of him as wanted. Bello is facing 19 counts of alleged money laundering involving ₦80.2 billion. At a Federal High Court sitting in Abuja, Bello’s legal team, led by A. M. ...

  A Nigerian man, Christopher Agbaje, has been sentenced to 142 months (nearly 12 years) in prison by a United States District Court for his involvement in a money laundering scheme and related cybercrimes. The sentence was handed down by Judge Daniel Traynor following a federal jury conviction in May 2024. The U.S. Attorney’s Office ...

  The Association of Local Governments of Nigeria (ALGON), Kano State chapter, has filed a petition against the Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Barrister Musa Aliyu, SAN, accusing him of violating court orders. The petition was submitted to the Legal Practitioners Privileges Committee (LPPC). In the petition, ALGON ...

    Prominent human rights lawyer Femi Falana has urged a thorough investigation into the ongoing Premium Motor Spirit (petrol) importation scam. Speaking during Channels Television’s “Sunday Politics” program, Falana emphasized the urgency of addressing the issue, stating, “There is no better time to probe the petrol scam than now.” Falana expressed skepticism about current ...

  Hugo Hyungsoo Lee, the CEO of South Korean cryptocurrency deposit service Haru Invest, was stabbed in the neck during his fraud trial at the Seoul Southern District Court on Wednesday, police reported on Thursday. The attack occurred while Lee was in court, when a man in his 50s, attending the trial, suddenly assaulted him. ...

  In a significant development, Adesuwa Ezenwa, a former employee of First Bank of Nigeria Limited, has filed a lawsuit accusing billionaire industrialist Oba Otudeko and former Managing Director Bisi Onasanya of extensive fraud during their tenure at FBN Holdings Plc, the bank’s parent company. Ezenwa, who was dismissed from her position in October 2016, ...

  The Maiduguri Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Monday, April 22, 2024, secured the conviction and sentencing of three fraudsters before Justice Umaru Fadawu of the Borno State High Court, Maiduguri. The convicts are Mohammed Dogo, Babagoni Mustapha Ali, and Dookenger Odey Takon. Dogo and Ali were arraigned on ...

  The Economic and Financial Crimes Commission (EFCC) has secured the conviction of Aisha A. Wakil, also known as Mama Boko Haram, along with Tahiru Saidu Daura and Prince Lawal Soyade. They have been sentenced to ten years imprisonment by Justice Umaru Fadawu of the Borno State High Court in Maiduguri for their involvement in ...

Justice Nicholas Oweibo of the Federal High Court sitting in Ikoyi, Lagos, on Friday, has issued a production warrant against controversial Nigerian singer, Azeez Fashola, also known as Naira Marley. According to a statement issued by the Economic and Financial Crimes Commission (EFCC) on Friday, Naira Marley is being prosecuted by the anti-graft agency on ...

  The Ilorin Zonal Command of the Economic and Financial Crimes Commission has arraigned an Ilorin, Kwara State-based Associate Pastor of Living Faith Church, aka Winners’ Chapel, Temidayo Eseyin, for allegedly defrauding Landmark University, Omu-Aran, Kwara State of N19.3 million. Both the church and school were founded by Bishop David Oyedepo, who also owns Covenant ...

A former Head of Service of the Federation (HoSF) Chief Stephen Oronsaye has again been discharged and acquitted from the N190M corruption charges brought against him by the Economic and Financial Crimes Commission EFCC. Justice Inyang Edem Ekwo of the Federal High Court, Abuja, on Monday, freed Oronsaye from the fraud charges due to.want of ...