Former Governor Abia State Orji Kalu gets 12 years imprisonment

The federal high court in Lagos has sentenced the former governor of Abia State Senator Orji Uzor Kalu to 12 years imprisonment after being found guilty on all the 39-count charges brought against him. He was convicted of N7.65billion fraud perpetuated when he was Abia State governor between 1999 and 2007. Kalu was convicted alongside […]

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EFCC arrests operators, trainees of ‘yahoo Academy’ in Akwa Ibom

Allegedly used solely for the training of youngsters in various aspects of cyber criminality. During the raid on Essien Essien Street, Ikot Ibiok village in Eket Local Government Area of Akwa Ibom State, 23 suspects including operators and trainees were arrested. The suspects were between the ages of 19 and 35. They have confessed that […]

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Stay away from ‘Yahoo boys’, EFCC tells students

The Economic and Financial Crimes Commission (EFCC) has appealed to youths, particularly students, to distance themselves from criminal activities capable of disrupting their future. Mr. Isyaku Sharu, Head of the commission’s zonal office in Ilorin, the Kwara State capital, made the appeal on Tuesday while addressing students at University of Ilorin. Sharu said the call […]

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How American scammer defrauded 5 Nigerians of $1.5 million

A Nigerian businessman, Mr Olukayode Sodimu, on Friday told an Ikeja Special Offences Court how an American and alleged serial conman, Marco Ramirez, defrauded him of 145,000 dollars in a green card scam. Ramirez is accused by the Economic and Financial Crimes Commission (EFCC) of defrauding five Lagos-based Nigerians of $1.5 million. Ramirez faces two […]

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EFCC arrests ex-banker, wife for $1.49m fraud, money laundering

The Economic and Financial Crimes Commission, Lagos office, has arrested a former banker, Rowly Isioro and his wife, Ovuomarhoni Naomi, for alleged involvement in Business Email Compromise fraud and money laundering. Isioro, a former Assistant General Manager with a first-generation bank allegedly laundered $1.49million through Naomi’s bank accounts in Nigeria. The couple’s arrest followed a […]

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EFCC arrests two suspects on FBI list, recovers $35,000

The Economic and Financial Crimes Commission has arrested two of the 77 Nigerians declared wanted by the Federal Bureau of Intelligence for cybercrimes. The Head, EFCC Abuja Zonal Office, Aminu Aliyu, said Chika Augustine and Godspower Nwachukwu were arrested in Abuja, adding that $35,000 was recovered from the former. Addressing journalists in Abuja on Tuesday, […]

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I Used My Money Run Abia For Six Months – Orji Kalu

Dr. Orji Uzor Kalu, former governor of Abia State, told a Federal High Court in Lagos on Tuesday that he ran the state for six months with money from his own pocket. He said the monthly allocation of Abia State when he took over in June 1999 was N168 million, and that it was hovering […]

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Gov Ihedioha appointed suspect on FBI list into his inauguration committee

Chika Odionyenma, one of the persons on FBI’s 77-man list of suspected Nigerian fraudsters, was appointed into the inauguration committee of Emeka Ihedioha, governor of Imo state TheCable reports.` Reactions have since trailed the FBI list, Thursday, when the agency disclosed that many Nigerians were under investigation in connection with one of the largest scams in US […]

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Okorocha’s Closest Ally Among 77 Nigerians Nabbed By FBI

The embattled former governor of Imo state may have murky waters to contend with viral images which has him spotted with his closest ally and recently nabbed Nigerian fraudster by the Federal investigation bureau, Los Angeles. The list of Nigerians arrest in the United states of America was published on Thursday, in that list is […]

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EFCC, FBI arrest Internet fraudsters in Abuja

The  Economic and Financial Crimes Commission  says it has begun a joint operation with  the United State Federal Bureau of Investigation to clamp  down on internet fraudsters. A total of 16 cyber crime suspects (Yahoo Boys) have been arrested in Abuja since the joint operation codenamed Operation Wire Wire was launched. Acting Chairman of the […]

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Full List of 80 Nigerians alleged of fraud, money laundering in US

The United States (US) Government has released names of 80 Nigerians suspected to have been involved in well coordinated fraud and money laundering in the country. The United States also narrated the strategies adopted by the alleged fraudsters leading to the swindling of innocent citizens. Valentine Iro, 31, and Chukwudi Christogunus Igbokwe, 38, are named […]

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EFCC releases Atiku’s son-in-law

Babalele was remanded in the EFCC custody by a Federal High Court sitting in Lagos, after he was granted bail, following his arraignment on allegation of money laundering. The Nation reports that Babadele was released on Friday, August 16, after he was detained by a Federal High Court over money laundering allegation. Before he was […]

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We didn’t raid Ambode’s Residence – EFCC

The EFCC, in a statement said since early hours of today, it had been inundated with calls that operatives of the Commission raided the residence of the former governor of Lagos State, Akinwunmi Ambode. “We need to state for the records that the EFCC did not raid Ambode’s house. It is instructive that his administration, […]

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Angola ex-transport minister jailed for 14 years for corruption

An Angola ex-transport minister was on Thursday jailed for 14 years for corruption, making him the first high profile official to be convicted since President Joao Lourenco took office two years ago.  The Supreme Court found Augusto da Silva Tomas, who was minister under former leader Jose Eduardo dos Santos, guilty of six counts including […]

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Yemi Osinbajo’s firm linked to company identified in alleged N100bn scam

The Vice President of the Federal Republic of Nigeria has a stake with Simmon Coopers Partners has been linked to another firm known as Ocean Trust Limited which has allegedly been reported of N100bn scam involving Alpha Beta Consulting Limited and Alpha Beta LP. Simmons Coopers was listed as a company in which Prof Yemi […]

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N919m fraud: Buhari sacks NHIS boss, Usman Yusuf

President Muhammadu Buhari has finally sacked the Executive Secretary of the National Health Insurance Scheme (NHIS), Prof. Usman Yusuf after seven months of being recommended for dismissal. He also approved the appointment of Prof. Mohammed Nasir Sambo as the new Executive Secretary. Concise News recalls that a panel set by the Secretary to the Government of the Federation had […]

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Internet Fraudster Forfeits N230 Million To Nigerian Government

Federal High Court in Ikoyi, Lagos has ordered the final forfeiture of the sums of N210,287,697.45; N5,320,373.40; N15, 008,809.79 and $80.59 belonging to one Dehinbo Oluwatobi Reuben, an internet fraudster, to the federal government. Justice Saliu Saidu gave the order on Tuesday at the hearing of the forfeiture application brought by the Economic and Financial Crimes […]

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Alleged N2.4bn Forgery: Court orders arrest of Innoson Motors’ boss

Justice Ayotunde Faji of the Federal High Court, Lagos, yesterday, ordered the arrest the chairman of Innoson Motors, Mr. Innocent Chukwuma, and two others for their persistent refusal to appear before him to face charges slammed against them by the Inspector-General of Police  (IGP). Others affected by the order are Charles Chukwu and Anajekwu Sunny. The court gave […]

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Leah Sharibu: Reno Omokri Accused of Taking grants, Selling Books in Girl’s Name & Pockets Money

A financial consultant, Henry Claudius, and some other Twitter users have accused a former presidential aide, Reno Omokri, of diverting funds meant for the family of the abducted Dapchi schoolgirl, Leah Sharibu. Using the Twitter hashtag #RenoUndarted, some Nigerians on Twitter accused  Omokri of printing T-shirts branded with Sharibu’s name, writing books and selling them […]

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How I hack into any Nigerian bank account and withdraw money – Man reveals

A suspect identified as Dare Oladimeji who can hack into any bank account to withdraw customers’ money, has been arrested by operatives of the Special Anti-Robbery Squad, Ladipo, Lagos. Oladimeji, a former footballer, plied his trade in Dubai and returned to the country in 2016. He was arrested after he withdrew N200, 000 from one […]

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