Fraud Watch
EFCC’s 12-Month Haul: N248 Billion, £53,000, and €172,000 in Recovered Corruption Proceeds
EFCC Recovers N248 Billion, £53,000, and €172,000 in 12 Months.
Nigeria’s Economic and Financial Crimes Commission (EFCC) has made significant strides in combating corruption, recovering a staggering N248 billion, £53,000, and €172,000 in corruption proceeds over the past 12 months. Wilson Uwajaren, Director of Public Affairs, revealed these impressive figures while updating the public on the agency’s activities.
The EFCC’s efforts extend beyond financial recoveries. They have secured over 35 convictions for Naira abuse by Nigerians at social events and plan to establish three new directorates in Ekiti, Katsina, and Anambra states. In September, the commission returned $180,300 and 53 vehicles to the Royal Canadian Mounted Police, which were fraudulently obtained by Nigerians from Canadian citizens.
Key Recoveries:
– N248 billion in corruption proceeds
– £53,000 recovered from corrupt activities
– €172,000 recovered from corrupt activities
– €5,000 recovered for victims of crime in Spain
– $180,300 and 53 vehicles returned to Canadian citizens
Chairman Ola Olukoyede emphasized the commission’s commitment to fighting financial crimes, stressing the importance of international collaboration. He assured that Nigeria will not tolerate criminal activities and pledged to investigate, prosecute, and recover assets for victims of financial crimes.
These developments demonstrate the EFCC’s dedication to eradicating corruption and promoting transparency in Nigeria.
Fraud Watch
Benin Court Jails Seven for Online Scams and Fraud
Seven Internet Fraudsters Sentenced in Benin City.
The Economic and Financial Crimes Commission (EFCC) has secured the conviction of seven internet fraudsters in Benin City. The convicts, Johnson Matthew Ebosa, Marvelous Osayenma, Imoniwe Joshua, Michael Agbowemeh San, Alvin Nosakhare Osareni, Procoius Imoniwe, and Mike Ajufo, were sentenced by Justice A.N Erhabor of the Edo State High Court.
Charges and Sentences
– Johnson Matthew Ebosa: Three years imprisonment or N200,000 fine for possessing documents containing false pretence.
– Marvelous Osayenma: Three years imprisonment or N200,000 fine.
– Imoniwe Joshua: Three years imprisonment or N200,000 fine.
– Michael Agbowemeh San: Two years imprisonment or N200,000 fine.
– Alvin Nosakhare Osareni: Two years imprisonment or N200,000 fine.
– Procoius Imoniwe: Three years imprisonment or N200,000 fine.
– Mike Ajufo: Two years imprisonment or N200,000 fine.
Additional Consequences
The convicts forfeited their phones, laptops, and bank account funds to the Federal Government of Nigeria. They must also provide written undertakings to behave henceforth.
Fraud Watch
Kaduna Courts Jail Seven for Internet Fraud and Money Laundering [Photos]
Kaduna Courts Sentence Seven to Prison for Fraud.
The Kaduna Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) has secured the conviction of seven individuals for various fraud-related offenses before Justices R.M. Aikawa and Hauwa’u Buhari of the Federal High Court, Kaduna, and Justice A. Isiaka of the State High Court.
Convicted Individuals and Sentences
– Agbecha Fanem Samson (a.k.a Michelle Pfeiffer): Five years imprisonment or N500,000 fine for money laundering.
– Shamsudeen Abdulkarim Alubankudi (a.k.a. Keren Adler): Three years imprisonment or N500,000 fine for impersonation and cybercrime.
– Paul Bukar Wadai (a.k.a. Odd Murphy): Seven years imprisonment or N700,000 fine.
– Onomza Emmanuel Gwamna (a.k.a. Dave Owen): Two years imprisonment or N600,000 fine.
– Godswill Victor Effiong: Three years imprisonment or N700,000 fine.
– Esogban Godtemple (a.k.a Lahm Moses): Five years imprisonment or N600,000 fine.
– Odeyale Victor (a.k.a Candice Weiss): Two years imprisonment or N600,000 fine.
The convicts pleaded guilty to separate one-count charges bordering on money laundering, impersonation, and cybercrime. In addition to their prison terms, they forfeited their phones, a computer, a Lexus car, and proceeds of crime traced to their bank accounts to the federal government.
See Photos Below;
Fraud Watch
EFCC Nabs Two for Money Laundering in Abuja [Photos]
EFCC Arrests Abuja Duo for Alleged Money Laundering.
The Economic and Financial Crimes Commission (EFCC) has arrested two men, Joshua Ndu and Michael Uchenna, in Abuja for suspected money laundering and internet-related crimes. The arrests were made on Wednesday, November 6, 2024, at Al-Gamji Estate in the Guzape axis of the Federal Capital Territory (FCT), following intelligence linking them to the criminal activities.
Items recovered from Ndu include:
– Luxury Vehicles: Mercedes Benz E350 (2019 model) and Range Rover (2016 model)
– Electronics: Apple laptop and iPhone 15 Pro Max
– Jewelry: Cartier wristwatch and two necklaces
While Uchenna had:
– Electronics: iPhone 12 Pro Max and Apple MacBook Pro laptop.
The EFCC spokesperson, Dele Oyewale, confirmed the arrests, stating that the suspects will be charged to court as soon as investigations are concluded.
See Photos Below;
-
Business Watch2 months ago
Fuel Price Review: Dangote, Marketers Hold Crucial Talks
-
Security News2 months ago
NAF Acquires M-346 Fighter Jets, AW-109 Helicopters to Enhance Operations [Photos]
-
Fraud Watch2 months ago
Court Adjourns Alleged Okoronkwo’s Ponzi Scheme Operator’s Trial To Oct 29
-
Security News2 months ago
Presidential Amnesty Programme Teams Up with NCTC for Regional Peace
-
Fraud Watch2 months ago
Air Peace CEO Allen Onyema Indicted: Uncovering the Web of Bank Fraud and Money Laundering
-
Crime Watch2 months ago
Delta Motorists Allege Police Extortion Over Electronic Vehicle Registry
-
Security News2 months ago
Security Boost: NSCDC Thwarts Robbery, Recoveres Stolen Vehicle in Osun
-
Crime Watch2 months ago
EDO STATE TRAGEDY: Gunmen Assassinate Prominent Resident, Abdulrafiu Afegbua [Photos]