Category: Scams

Deepfake fraud surges 967% in Africa — Report

Africa’s digital economy is entering a new and more perilous phase as fraudsters abandon low-effort...

SEC partners EFCC, police to prosecute ponzi scheme promoters

The Securities and Exchange Commission has vowed to intensify collaboration with law enforcement and prosecutorial...

Sylva writes EFCC, denies avoiding $14.8m fraud probe

Former Minister of State for Petroleum, Chief Timipre Sylva, has written a letter to the...

PalmPay begins campaign to eliminate fintech fraud

A Financial Technology Platform, PalmPay Limited, has cautioned its customers across the country to be...

Court adjourns retired director’s N20bn fraud arraignment to December

A Federal High Court sitting in Lagos has postponed the arraignment of Taiwo Ibitola, a...

Court orders Mompha to open defence on ₦6bn fraud

An Ikeja Special Offences Court on Tuesday dismissed a no-case submission by internet celebrity, Ismaila...

Kebbi FA debunks rumours of fund misappropriation on FIFA project

The Chairman of the Kebbi Football Association, Alhaji Abubakar Chika-Ladan, has dismissed allegations of misappropriation...

EFCC warns businesses against tax evasion, financial malpractices

The Economic and Financial Crimes Commission has issued a stern warning that tax evasion, the...

Emefiele trial stalls over disagreement on forensic phone test

The forensic examination of a mobile phone central to the $4.5 billion alleged fraud trial...

EFCC arrests Kaduna fuel station manager for alleged N500m fraud

Operatives of the Kaduna Zonal Directorate of the Economic and Financial Crimes Commission have arrested...

ICPC arraigns two over N4.8m employment scam, forgery

The Independent Corrupt Practices and Other Related Offences Commission has arraigned two men, Ibrahim Suleiman...

Singapore gives Meta deadline to tackle Facebook scammers

The Singapore government has given Meta, the parent company of Facebook, until September 30 to...