Crime & Justice
EFCC Arraigns Man, Company for N12.5bn Fraud in Lagos
The Economic and Financial Crimes Commission (EFCC) has arraigned a man and a company over an alleged N12.5bn fraud in Lagos.
#Investment Schemes
Crime & Justice
Police Bust Multi-Million Dollar Money Laundering Network, Arrest Eight
The Nigerian Police Force has dismantled an online investment fraud and romance scam syndicate, as well as a money laundering network, involved in the swindling of foreign victims…
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…
