Court Dismisses Emefiele’s Bid To Reclaim Forfeited 753 Abuja Duplexes, Apartments
The Federal Capital Territory (FCT) High Court, Apo, Abuja, on Monday dismissed an application filed by the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, seeking…
Court okays arrest warrant for six CBEX scam suspects
The Federal High Court in Abuja yesterday ordered the Economic and Financial Crimes Commission (EFCC) to arrest, detain and prosecute six individuals alleged to be behind the Crypto Bridge…
N1.3bn fraud’: Jude Okoye released after two months in prison
Jude Okoye, Psquare’s former manager, has been released from Ikoyi prison after fulfilling his bail conditions in an ongoing N1.38 billion money laundering trial. Jude, the elder brother…
Court orders 54 banks to return N9.3bn stolen by hackers
Justice Deinde Dipeolu of the Federal High Court in Lagos has ordered 54 banks to immediately return a total of N9,329,322,870 fraudulently transferred by hackers from an unnamed old…
Investors drags ex-Anambra police CP Adeoye to court over club’s N1.4bn
Thirty-two aggrieved investors have dragged a former Commissioner of Police in Anambra State, Aderemi Adeoye, and four others before the Lagos State High Court, in Ikeja, seeking a full…
N1.3trn CBEX probe: We Warned Nigerians Against Ponzi Schemes – EFC
Amid growing concerns over the alleged fraud perpetrated by a digital investment platform, CryptoBank Exchange (CBEX), which reportedly led to the loss of N1.3tn belonging to Nigerians investors, the…
Businessman sentenced to four years in prison for refusing to accept Naira as legal tender
Justice Alexander Owoeye of the Federal High Court, sitting in Ikoyi, Lagos, has convicted and sentenced a businessman, Uzondu Precious Chimaobi, to four years imprisonment for refusing to accept…
P-Square’s Peter Testifies Against Elder Brother In N1.3bn fraud trial
The trial of Jude Okoye, the elder brother and former manager of Paul and Peter Okoye of the defunct music group, P-Square, for alleged money laundering of $1m, N1.3bn…
Ex-Kwara governor Ahmed didn’t repay N1bn SUBEB loan, EFCC witness tells court
A witness of the Economic and Financial Crimes Commission (EFCC) has told the Kwara high court that Abdulfatah Ahmed, former governor of the state, did not pay back the…
EFCC plays video evidence in ex-minister Saleh Mamman’s ‘N33bn fraud’ trial
The trial of Saleh Mamman, the former minister of power, resumed on Thursday before the Abuja federal high court. The prosecution introduced new evidence in a trial-within-trial to establish…
Witness reveals N3bn Kogi LG funds were laundered through private accounts
A prosecution witness, Remigius Egu, on Tuesday, narrated before a Federal High Court in Abuja how over N3 billion belonging to various Local Government Areas in Kogi State was…
EFCC Arraigns Bauchi Accountant General, Others Over Alleged ₦8.3bn Fraud
The Economic and Financial Crimes Commission (EFCC) has arraigned the Accountant General of Bauchi State, Sirajo Jaja, before Justice O.A. Egwuatu of the Federal High Court, sitting in Maitama,…
EFCC nabs man for buying bank account details, N2m fraud
Operatives of the Economic and Financial Crimes Commission have arrested one Olawole Sunday, a suspected internet fraudster, accused of purchasing bank account details from individuals to perpetrate financial crimes.…
Two Nigerians jailed in $4.9m U.S. tax refund fraud scheme
Two Nigerian nationals and a Texan have been sentenced to federal prison for their involvement in a multi-million dollar tax refund fraud scheme that exploited stolen identities and laundered…




















