The Economic and Financial Crimes Commission has arraigned a suspected fraudulent Bureau De Change operator before a court in Onitsha over allegations of financial fraud amounting to N78.2 million. The defendant is accused of defrauding victims under the guise of conducting legitimate foreign exchange transactions. According to the anti-graft agency, the suspect allegedly obtained funds…
In a decisive crackdown on online fraud, the Kaduna Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) successfully prosecuted three individuals before Justice A. Isiaka of the Kaduna State High Court. The defendants—Aliyu Hassan, Samuel Olamide, and Solomon Joseph Christian—faced separate one-count charges related to criminal impersonation and obtaining money through deceit. Their…
The Economic and Financial Crimes Commission (EFCC) has successfully apprehended 42 suspected internet fraudsters in a sting operation in Gashua, Yobe State. The operation, carried out by the EFCC’s Maiduguri Zonal Directorate on October 1, 2025, was a result of credible intelligence regarding the suspects’ involvement in computer-related crimes. The suspects were arrested at different…
The Economic and Financial Crimes Commission (EFCC) has announced the recovery of funds from CryptoBank Exchange (CBEX), a digital investment platform implicated in a massive scam involving approximately N1.3 trillion. EFCC spokesperson Dele Oyewale stated that the commission is diligently working to recover the lost funds and bring the perpetrators to justice. To facilitate this…
Alhaji Abba Umar was arraigned before Justice Aisha Kumaliya of the Borno State High Court in Maiduguri for allegedly misappropriating land documents valued at ₦1.6 million. The Economic and Financial Crimes Commission (EFCC) accused Umar of dishonestly inducing Modu Goni Sheriff to part with a property document, which he later sold to a third party…
