Tag Archives: Fraud
How Forbes-Rated Young ‘Billionaire’, Obi Invictus Was Arrested for N4Billion Wire Fraud
Yes, many a Nigerian billionaire got their validation from the American publication, FORBES, which started the rating trend that has now become the benchmark, from an African perspective, to know who a billionaire is or not. It is, for many
Malaysian Arraigned for Attempting to Defraud Polaris Bank of €250m
The Economic and Financial Crimes Commission, on Wednesday, arraigned a Malaysian, Tan Richard, before a Lagos State Special Offences Court in Ikeja for allegedly attempting to defraud Polaris Bank of €250m. Richard was arraigned alongside his company, Coastal Asia Investments
EFCC Hunts For FIRS Boss Fowler As Aide Exposes Fowler’s Car Gift To A Girlfriend
Babatunde Fowler, the Chairman of the Federal Inland Revenue Service is on the run, LeadingReporters can authoritatively reveal. Information availed this online platform indicates that Babatunde Fowler dug his own grave by inviting EFCC to probe some senior officers of
Fraudster! Ceecon Oil Boss, Chima Anyaso In Trouble Over N2Billion Fraud
*How He Forged Total Letter Head To Defraud GTB… He never knew that so large a fortune could have so short a lease. When he did, he had been mowed to rubble by the wheels of vanity. As you read,
Cashless Yuletide: First Bank Disappoints Customers As Frustration, Anguish Cloud Celebration
Millions of Nigerians were left stranded and frustrated during the yuletide celebrations when Automated Teller Machines, ATMs owned by First Bank across the country dispensed less cash in some cases and failed to dispense cash in some other instances. Many
BREAKING: FG Orders Prosecution Of Amaju Pinnick Over NFF Multi-Billion Alleged Fraud, Banned From Traveling
President Muhammadu Buhari has ordered the prosecution of the President of the Nigerian Football Federation, Amaju Pinnick, over an alleged multi-billion scam in the organisation. It was also learnt that the Federal Government through the Presidential investigative panel headed by
N68bn Fraud: Ngozi Olojeme In Fresh Trouble
The Economic and Financial Crimes Commission (EFCC) has seized 46 properties allegedly belonging to the former deputy chairman, finance committee of the Goodluck Jonathan Campaign Organisation in the 2015 election, Ngozi Olojeme. A Federal High Court in Abuja on Monday
Interpol Issues Arrest Warrant For Diezani As FG Commences Extradition Process
The International Police have issued an arrest warrant for former Petroleum Minister, Diezani Allison-Madueke following a request by the Federal Government to the agency. According to Punch, the necessary charges had been filed and attached to the extradition request by
$8.4m Fraud: Provide Proof of Source of Funds, Ajudua’s Lawyer tells Bamaiyi
Olalekan Ojo (SAN) the defence counsel for Fred Ajudua, a former Lagos socialite, challenged a former Chief of Army Staff, Ishaya Bamaiyi, to provide proof of the source of the 8.4 million dollars, his client allegedly defrauded him of in
Alleged Money Laundering: Court Admits Former Skye Bank Chairman, MD to N50m Bail
The Federal High Court, Abuja Monday admitted former Chairman of the Board of now defunct Skye Bank Plc, Dr Tunde Ayeni, and the Managing Director of the Bank, Timothy Oguntayo to bail in the sum of N50 million each. Both
