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