fraud Archives - The Octopus News

N855m Fraud: Appeal Court Upholds 5-Year Conviction Of Keystone Bank Officials

The Lagos division of Court of Appeal, has affirmed the judgement of an Ikeja High Court of Lagos State, which sentenced two officials of Keystone...

Business1 year ago

Fresh Scandal Rocks Heritage Bank, Staff Bags Seven Years Jail Term Over N21.8m Fraud

Barely days after a liquidity-related issue regarding the inability of Heritage Bank Plc to pay it’s customers surfaced, the bank is being trailed by yet another...

News2 years ago

Kwara Poly Student Jailed For $9,891 Fraud

Bashiru Azeez Seyi, a 31-year-old undergraduate of Marketing from the Kwara State Polytechnic has been sentenced to six months imprisonment for offences bordering on internet fraud....

News2 years ago

American Cybercrime Expert, Gary Warner Rubbish Talks Of Hushpuppi Committing Fraud From Jail

American cybercrime expert, Gary Warner, has trashed reports that Ramon Abbas popular as Hushpuppi laundered over $400,000 while inside a U.S. jail. Warner, the Director of...

Business3 years ago

N51.9 Million Fraud: EFCC Arrests Three Top Sterling Bank Management Staff

At least three staff of Sterling Bank have been arrested by the Lagos Zonal Office of the Economic and Financial Crimes Commission (EFCC). The trio were...

Society3 years ago

Lagos Socialites, Sumbo Winfunke, Amandianeze Odenigbo In Fraud Mess

Famous People, a news website in Nigeria is reporting that popular lounge and restaurant in Victoria Island, Lagos, Buzz Barr’s owners, Sumbo Winfunke, popularly known as...

News3 years ago

N15 Billion Fraud: EFCC Chairman Reveals Identity Of Culpable Female Minister

The boss of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has revealed the identity of the female minister who allegedly laundered N15.2 billion ($37m)....

News3 years ago

Wike Accuses NDDC Of N400m Fraud

Governor Nyesom Wike of Rivers State has accused the Niger Delta Development Commission (NDDC) of defrauding the state of N400 million. According to him, the fraud...

Business4 years ago

Fraud: Stanbic Bank Official Docked

An employee of Stanbic Bank identified as Tope Olajide has been docked over a deposit scam involving N427,000. Olajide appeared before an Ikeja Magistrates’ Court on...

News4 years ago

Fraud: EFCC Arrest Two Music Producers

Two music producers were recently arrested by the Economic and Financial Crimes Commission (EFCC) in Uyo, Akwa Ibom State. The duo were among a group of...