48 h. ago EFCC arraigns Lexicon Multiconcept Media CEO for N459m fraud

From Sola Ojo, Abuja The Economic and Financial Crimes Commission (EFCC) has arraigned Osabohem Alex Ologbosele, CEO of Lexicon Multiconcept Media Limited, his company, and employee Augustine Osas Iyoha before Justice E. Akpan of the Federal High Court in Abuja. They face six amended charges of fraud, obtaining under false pretences, and money laundering involving […] The post EFCC arraigns Lexicon Multiconcept Media CEO for N459m fraud appeared first on The Sun Nigeria.

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9 d. ago Niger: EFCC seizes cars, fetish beads from 40 suspected internet fraudsters

From Sola Ojo, Abuja Operatives of the Economic and Financial Crimes Commission (EFCC), Kaduna Zonal Directorate, arrested 40 suspected internet fraudsters in Bida and Minna, Niger State, on Tuesday, April 15. EFCC’s Head of Media and Publicity, Dele Oyewale, reported that items recovered included three cars, eight power generating sets, one Hisense air conditioner, two […] The post Niger: EFCC seizes cars, fetish beads from 40 suspected internet fraudsters appeared first on The Sun Nigeria.

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2 w. ago EFCC, Army, NIS join forces against terrorist financing in South

By Sola Ojo, Abuja The Economic and Financial Crimes Commission (EFCC) has strengthened its partnership with the Nigerian Army and the Nigeria Immigration Service (NIS) to tackle terrorist financing in the South-East. This renewed collaboration was highlighted during two key visits by the EFCC’s Acting Zonal Director of the Enugu Zonal Directorate, Assistant Commander Aisha […] The post EFCC, Army, NIS join forces against terrorist financing in South-East appeared first on The Sun Nigeria.

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2 w. ago Petitioners Ask Court To Compel EFCC To Probe AFN Officials Over Fraud Allegations

The Economic and Financial Crimes Commission (EFCC) has been summoned to the Federal High Court in Abuja following allegations of misappropriation and corruption within the Athletics Federation of Nigeria (AFN). The Incorporated Trustees of Athletics and Other Sports Development Initiative has submitted a petition calling for an investigation of the president of the AFN, Tonobok […]

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3 w. ago EFCC presents fresh evidence against Kore Holdings in $9.6b P&ID scam

From Sola Ojo, Abuja The Economic and Financial Crimes Commission (EFCC) on Wednesday tendered additional evidence against Kore Holdings Limited before Justice J. O. Abdulmalik of the Federal High Court, Abuja. The Commission is prosecuting the company alongside Muhammed Kuchazi (now deceased) in connection with the Process & Industrial Development (P&ID) fraud portfolio on amended […] The post EFCC presents fresh evidence against Kore Holdings in $9.6b P&ID scam appeared first on The Sun Nigeria.

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4 w. ago QNET Denounces Fraudulent Academy In Abuja, Backs EFCC Arrests

QNET, a global direct selling company specialising in wellness and lifestyle products, has strongly distanced itself from a fraudulent scheme recently uncovered by the Economic and Financial Crimes Commission (EFCC) in Abuja. The operation, labelled a “Ponzi Scheme Academy,” falsely used QNET’s name and led to the arrest of 133 individuals who operated under misleading […]

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