Shakira to pay €7.3m to settle Spain fraud case
Colombian superstar, Shakira will pay a fine of over €7.3 million ($7.98 million) as part of a deal with Spanish prosecutors to avoid trial for […]
fraud
‘Financial institutions reported N159b fraud’
Nigerian financial institutions reported N159 billion fraud since 2020, Group CEO, Moniepoint Inc., Tosin Eniolorunda has said. Speaking during a courtesy visit to the Chief […]
EFCC closes case in £2.6bn fraud charge against Petro Union directors
The Economic and Financial Crimes Commission (EFCC) has closed its case in a £2.6 billion alleged fraud charge slammed on an oil firm, Petro Union […]
You’re a fraud if you sell skincare products with filter – Mary Njoku
Actress Mary Njoku has chided skincare vendors who use filters in making promotional videos and photos for the their products. She termed them as fraud […]
Nigeria, others lose $4b to mobile fraud annually
Although unbanked or underbanked people across Africa have begun to be included in the digital finance system, with over 180 million mobile money accounts in […]
EFCC re-arraigns businesswoman over alleged N110m fraud
The Lagos State Zonal Command of the Economic and Financial Crimes Commission, on Thursday, re-arraigned one Portia Emilia before Justice O.O. Abike-Fadipe of the Special […]
Ending organic agro exports fraud
Nigeria’s organic agriculture segment is expanding in response to increased domestic and international demand. One challenge in the industry, however, is the growing cases of […]
Two journalist arrested for fraud
The Kano State Police Command has arrested two men, parading themselves as journalists, for allegedly defrauding a rice trader of N33,000. The 30-year-old suspects, Mujahid […]
Fraud perpetrated by bank staff rises, says FITC
Financial Institution Training Centre (FITC) is worried by the rising involvement of bank workers in fraud cases in Nigeria. It said that such bank staff […]
Trump Organisation fined $1.6m for tax fraud
A New York judge on Friday fined Donald Trump’s family business the maximum penalty available of $1.6 million for committing tax fraud. The sum, paltry […]