Five Ex-Employees of MTN Uganda Embroiled in a Mobile Money Debacle

There’s been a report by New Vision, about a mobile money scam – of Sh5 billion ($1,665)-  that was allegedly perpetrated by five ex-employees of MTN Uganda. The discovery was made apparently during an audit report conducted by the staff of an accounting/advisory organization, Grant Thorton.

6 Unity Bank Workers Facing Charges over Alleged N306 million Fraud

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Six employees of Unity Bank, were on Wednesday charged before a Wuse Zone 2 Senior Magistrates’ Court, Abuja, over alleged N306 million fraud. They are facing charges of criminal conspiracy, forgery, theft and negligent conduct. The News Agency of Nigeria (NAN) reports that of the 26 involved in the crime,

Student Arraigned Over N3.4m Admission Fraud

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A 32-year-old student, Olugbenga Ajuwon, on Tuesday in Lagos appeared before a Surulere Chief Magistrates’ Court for his alleged involvement in a N3.44 million admission scam.

Judge upholds fraud case against Barcelona

Neymar A Spanish judge on Friday upheld a tax fraud case against FC Barcelona’s current and ex-chairmen over the signing of striker Neymar, taking them a step closer to a possible trial, a judicial source said.

Dismissed Cop Dupes Police N40m

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Paul Iyoghojie A dismissed Police Sergeant has been arrested by the operatives of the Federal Special Anti-Robbery Squad, Adeniji Adele, Lagos Island, western Nigeria, for allegedly posing as a police officer to defraud the Nigeria Police of about N40 million in eight years.

EFCC Arraigns Man in Enugu for Defrauding Church Members of N18.4 Million

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The Economic and Financial Crimes Commission (EFCC) on Monday dragged a man named Eze Mark to the Federal High Court, Enugu, for allegedly defrauding some Church members of N18.4 million. Mark, along with Dominus Vobiscum Investment Ltd were arraigned on 11-count charges of false pretence, falsification and obtaining N18.

Lance Armstrong To Pay Back $10 Million For Fraudulent Winnings

A court has ordered Lance Armstrong to pay the sum of $10 million to SCA Promotions, the sports insurance firm that paid his bonuses for winning the Tour de France. “We are very pleased with this result,” said SCA’s president and founder Bob Hamman in a statement.

Fake Pastor in Police Net Over Alleged N10m Fraud

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A fake pastor, identified as Chibuzor Nnaegbo, is currently cooling off in one of the cells of Lagos State Criminal Investigation Department, SCID, Yaba, for allegedly defrauding four businessmen in Lagos. Vanguard gathered that Pastor Chibuzor claimed to be in Israel while defrauding the victims.

EFCC Declares Former Adamawa Governor Nyako & Son Wanted Over Money Laundering

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The Economic and Financial Crimes Commission (EFCC), has declared Murtala Nyako, the former governor of Adamawa and his son, Abdul-Aziz wanted over allegations of conspiracy, stealing, abuse of office and money laundering. This is contained in a statement issued in Abuja on Wednesday by Wilson Uwujaren, the spokesman of EFCC.

American Man Sends Over $100,000 to Wife in Nigeria He has Never Met

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A 53-year-old American man has sent $100,000 to a woman in Nigeria over the past 29 months, whom he claims is his wife. The man, Steven, met the woman named “Kelly” online, and according to him, they got married legally in Nigeria Daily Mail reports. However, they have never met

Italian Man Arraigned for Allegedly Defrauding Zenith Bank of N717 Million

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A Federal High Court in Lagos  on Tuesday ordered that a Nigerian-based Italian businessman be remanded in police custody for allegedly defrauding Zenith Bank Plc of N717 Million. According to Leadership, the accused, Piero Allan Franchillo, “was arraigned before the court on a five-count charge of advanced fee fraud, forgery

Mother Steals Daughter’s £20,000 Inheritance & Wedding Savings to Fund Vacation

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A UK mom has been given a 12 month suspended prison sentence for stealing her daughter’s £20,000 inheritance. Denvar Bathie, 23, received a £20,000 inheritance, from her dad when he passed away. She intended to save up money for her wedding and a mortgage on a property, and wanted to