Operatives of the Economic and Financial Crimes Commission (EFCC), Uyo Zonal Command, on Thursday, 30th May 2024, arrested 40 suspected internet fraudsters in early morning sting operations at two different locations in the state. 21 of the all-male suspects were arrested in Eket, while the remaining 19 were picked up in Ikot Ekpene. READ ALSO:…
The Economic and Financial Crimes Commission (EFCC) on Thursday, 23rd May 2024, re-arraigned the former Director-General of Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Bature Umar Masari on an amended 22-count charge of alleged money laundering before Justice O.A Egwuatu of the Federal High Court sitting in Maitama, Abuja. Masari’s arraignment was sequel…
The Economic and Financial Crimes Commission (EFCC) has revealed that spraying the naira note will reduce its value. Recall that the naira has continued to decline as against other foreign currencies, including the Ghanaian cedis. Instead of coming up with a figurative way to boost production and economy of the nation, the EFCC says the…
The operatives of the Economic and Financial Crimes Commission (EFCC) have arrested 101 suspected internet fraudsters (aka Yahoo Boys) across the three states of Enugu, Imo and Kaduna. CONVERSEER gathered that the Enugu Zonal Command of the EFCC arrested 78 suspects in Enugu and Imo States respectively. While 29 suspects were arrested on Wednesday, 15th…
Fifteen (15) Internet Fraudsters have been jailed by courts in Makurdi, Benue State, Kaduna in Kaduna State and Port Harcourt in Rivers State respectively. CONVERSEER gathered that 12 internet fraudsters were convicted and sentenced to various jail terms by Justices R.J. Egbe, N. I Afolabi and Emeka Nwite, M.S Abubarkar, M.S.Abubakar, A. Onoja, Justice Ajiya…
A court sitting in Kano, Kano, has convicted 31 persons over the abuse of naira. The conviction, CONVERSEER gathered was secured by the Kano Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) in an unprecedented display of regulatory enforcement. According to sources, the 31 individuals were involved in illegal currency trading and the…
