Tag: Fraud
EFCC Arrests 127 Suspected Internet Fraudsters in Akure
Akure, June 8, 2024 — In a major crackdown, operatives of the Ibadan Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) arrested 127 suspected internet fraudsters in Akure, Ondo State. The arrests were made during an early morning sting operation at a “Yahoo Party” held simultaneously at Signature and Abah Clubs on Saturday,…
EFCC Apprehends 26 Suspected Internet Fraudsters in Port Harcourt
The Economic and Financial Crimes Commission (EFCC) has made a significant breakthrough in its fight against cybercrime with the arrest of 26 suspected internet fraudsters in Port Harcourt, Rivers State. According to reports from the Port Harcourt Zonal Command of the EFCC, the arrests were made on May 6 and May 9, 2024, at locations…
Multichoice Nigeria Limited Loses N7.9 Billion in Fraudulent Foreign Currency Exchange Deal
Multichoice Nigeria Limited, a prominent provider of satellite television services in Africa, has suffered a significant financial setback after falling victim to a fraudulent foreign currency exchange transaction. The company incurred a staggering loss of N7.9 billion in the failed deal, which involved several individuals and entities. At the center of the controversy is Akintunde…