AGF Takes Over ₦460.75m Fraud Case, Court Demands Formal Process
A Federal High Court in Lagos has halted the arraignment of two defendants in a ₦460.75 million fraud case after the Attorney-General of the Federation moved to take over the…
Two Arraigned Over Alleged ₦139m Visa Fraud
Two former workers of a Lagos business have been brought before an Ikeja Magistrates' Court over allegations that prospective travellers lost ₦139 million after paying for visa packages. The case…
INTERPOL PROBE: THREE ARRAIGNED OVER ALLEGED $100,000 FRAUD
A financial transaction dating back 17 years has resurfaced as a Federal High Court criminal prosecution after an INTERPOL investigation. Three men are accused of receiving $100,000 for the purchase…
Anambra Woman Arrested Over Alleged N3m Self-Kidnap
What began as a family's desperate effort to secure the release of a reportedly kidnapped daughter has developed into a fraud investigation. Police say the 22-year-old woman was eventually traced…
Appeal Court Acquits Man Jailed Over N12m Deal
After spending years under a seven-year conviction arising from a dredger transaction, Hilary Ogbobe has been cleared by the Court of Appeal. The appellate court found that prosecutors failed to…
EFCC RETURNS ₦140M RECOVERED IN LOAN FRAUD PROBE
The EFCC has returned ₦140 million to an investment and money-lending company following an investigation into allegations surrounding a ₦500 million loan and shares pledged as collateral.
Five Jailed Seven Years Over N117.7m Chi Fraud
A Lagos High Court has sentenced five defendants to seven years each after a long-running fraud prosecution involving Chi Limited.
EFCC Arraigns Two Suspects For Alleged £110,000, N500million Fraud In Lagos
The EFCC has arraigned Ali Bala and Yusuf Umar Anka before a Lagos State High Court over alleged money laundering, stealing and retention of stolen property involving £110,000 and ₦500…
Digital Assets: Atoyebi, SAN Warns Against Criminalising Failed Investments
As digital assets continue to reshape Nigeria’s financial landscape, legal expert Oyetola Muyiwa Atoyebi, SAN, FCIArb (U.K.), Notary Public, has cautioned against the growing trend of treating failed cryptocurrency investments…
Ex-Minister Chris Ngige Appears in Abuja Court Over Alleged N2.2bn Fraud
Former Minister of Labour and Employment, Dr. Chris Ngige, on Friday appeared before a Federal Capital Territory High Court sitting in Gwarinpa, Abuja, following his arraignment by the Economic and…