Crime & Justice
EFCC Secures Final Forfeiture of $163,592 from US Fraud Proceeds
The Economic and Financial Crimes Commission (EFCC) has secured the final forfeiture of $163,592 from proceeds of a US fraud, Premium Times…
#Financial Crimes
Crime & Justice
Lagos Teenager Convicted for $800 Gift Card Fraud
A Lagos teenager has been convicted and sentenced to jail for committing gift card fraud, according to multiple news sources.
Abuja
Court Halts EFCC Pursuit of Criminal Charges Against Chappal Energies Founder
The EFCC has been restrained from pursuing a criminal case against the founder of Chappal Energies due to a subsisting court order.
Crime & Justice
EFCC Strengthens Cybersecurity to Combat Financial Crimes
The Economic and Financial Crimes Commission (EFCC) has taken steps to improve its digital systems to combat financial crimes, according to an official statement.
Lagos
Seven Individuals, Including a Lagos Banker, Charged with Alleged N710m Fraud
A banker and seven others have been charged by the Police Special Fraud Unit for an alleged N710m proof-of-funds fraud, according to Punch Newspapers.
Crime & Justice
Court Hears Allegation: CBN’s N124.86bn Withdrawal Not Approved by Finance Ministry
According to Daily Post Nigeria, a witness of the Economic and Financial Crimes Commission (EFCC) has testified in court that the Central Bank of Nigeria's (CBN) withdrawal of…
Crime & Justice
EFCC Returns N107 Million in Property Fraud Recovery to Lagos Victim
The Economic and Financial Crimes Commission (EFCC) has returned N107 million to a Lagos resident who fell victim to a property fraud, according to multiple sources.
Crime & Justice
Court Convicts 21 Firms of Operating Illegal Investment Schemes, Imposes N630m Fines
A total of 21 firms have been convicted for operating illegal investment schemes in violation of the Banks and Other Financial Institutions Act of 2020. The Economic and…
