Nigeria: EFCC Re-Arraigns Alleged Cybercrime, Terrorism Kingpin

29 internet fraudsters jailed - Daily Trust

A Federal High Court sitting in Kano State has convicted and sentenced 29 internet fraudsters to jail. The convicts were prosecuted by the Kaduna Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) on separate one-count charges each, on offences that border on impersonation, cybercrime, retention of proceeds of crime and money laundering. They all pleaded guilty when the charges were read to each of them, following which pro…

Nigeria: EFCC Re-Arraigns Alleged Cybercrime, Terrorism Kingpin

The Economic and Financial Crimes Commission (EFCC) on Monday re-arraigned one Friday Audu, one of the alleged masterminds behind an international Ponzi scheme linked to cybercrime and terrorism.

EFCC arraigns 16 additional Chinese for alleged cyber-terrorism, fraud

CBEX Scandal: EFCC Adds Two More Officials to Wanted List

The Economic and Financial Crimes Commission (EFCC) has announced that it has declared two additional people – Folashade Odelana and Bamidele Ayodele Abiodun – wanted in connection with a large-scale fraud involving the online trading platform, Crypto Bridge Exchange (CBEX). Their last known address is No. 17, Oremeta Street, Allen, Ikeja, Lagos. The EFCC is urging anyone with information regarding Odelana and Abiodun’s whereabouts to contact an…

EFCC declares two more wanted - Newsy People

The Economic and Financial Crimes Commission (EFCC) has declared two more persons wanted in connection with an alleged multi-million naira fraud involving the Crypto Bridge Exchange (CBEX), a digital trading platform.   The suspects, identified as Folashade Odelana and Bamidele Ayodele Abiodun, were accused of orchestrating fraudulent activities that reportedly led to significant financial losses for unsuspecting investors.   In a notice publish…

"My Signature Was Forged To Open Bank Account For Genting International" - BDC Operator Testifies In Fraud Trial - TheNigeriaLawyer

A Bureau De Change (BDC) operator, Baffale Yakubu, on Tuesday told a Lagos High Court how his signature was allegedly forged to facilitate the opening of a bank account for Genting International Ltd—one of the companies implicated in a large-scale financial fraud that led to the arrest of over 700 persons on Oyin Jolayemi Street, Victoria Island, Lagos, in December 2024. Yakubu gave his testimony before Justice Rahman Oshodi during a continued h…