Saturday, April 19, 2025
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money laundering

How four UBA senior officials diverted £138,924 from Int’l airlines’ accounts

Four officials of the United Bank for Africa, UBA, have been arrested by the Lagos State Police Command for allegedly stealing £138,924 (over N270...

FBI arrests Nigerians Nosakhare Nobore, Solomon Aluko for inventing ‘Fraud Bible’ to steal $50 million from U.S. citizens

Two Nigerian international fraudsters who invented a ‘Fraud Bible’ to orchestrate large-scale scams to defraud the American government and its citizens have been nabbed...

Socialite Aisha Achimugu flees Nigeria amid EFCC probe for alleged fraud

The Economic and Financial Crimes Commission (EFCC) has obtained an arrest warrant against businesswoman Aisha Achimugu, preparatory to declaring her wanted for alleged money...

Police to Arraign CMB Building CEO, Kelechukwu Mbagwu, Over N1bn Fraud on April 30

A Federal High Court in Lagos has scheduled April 30 for the arraignment of Kelechukwu Mbagwu, the Chief Executive Officer of CMB Building Maintenance...

How Sterling Bank opened account, received billions for unregistered firm

Sterling Bank opened an account for Indo Kaduna MRTS JV Nigeria Limited—a joint venture entity set up in 2016 by the Kaduna State Government...

Fraudsters Hack Moniepoint System, Steal Depositors’ N1.1bn

Moniepoint Microfinance Bank is currently battling to recover a N1.1 billion allegedly stolen by fraudsters from the bank. The hacker, Sunday Ozimede, was said to...

Police indict Sterling Bank for alleged ‘$28.3m money laundering, fraudulent deductions’

Sterling Bank Limited and its holding company, Sterling Financial Holdings Company have been accused by the Nigeria Police Force of money laundering, fraudulent deductions...

Alleged N12.3billion fraud: How EFCC attempted to arrest Bisi Onasanya

Following widespread reports of banker Bisi Onasanya absconding from the country to Ghana in order to escape prosecution by the Economic and Financial Crimes...
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