State Security Arraigns Two Men For Cloning Phone Number of Lagos State Governor

Governor Ambode

Nigeria's Department of State Security (DSS) on Wednesday arraigned two artisans before an Isolo Magistrate Court for allegedly cloning the mobile line of the Lagos State Governor, Akinwunmi Ambode.

How Nigerian Scammers Buy Exploit Kits To Defraud Asian Businesses

A small group of Nigerian scammers is using more sophisticated methods to defraud mostly Asian businesses, including buying exploit kits and malware from experienced coders, according to a new report from FireEye.

Internet Dating Scam: How A Fake US Army Captain Conned Vulnerable Women Of £400,000

Tosin Femi Olasemo

A Nigerian fraudster masqueraded as a US Army captain serving in Afghanistan on an online dating profile to scam lonely women out of more than £400,000. 

UK Terrorism Police Charge Six Men Over Syria Fraud Allegations

Makzhumi Abukar, 23, of Holloway, north London, Mohammed Sharif Abokar, 27, of Islington, Sakaria Aden, 21, of Stoke Newington, Mohamed Dahir, 22, of Finsbury Park, Yasser Abukar, 23, of Holloway, and Ibrahim Anderson, 38, of Luton, Bedfordshire, have been charged with conspiracy to defraud.

Ex-JPMorgan Adviser Charged in $20M Fraud

NEW YORK – A former JPMorgan Chase investment adviser was arrested Thursday on charges he stole $20 million from customers and spent the funds on unprofitable trading and other personal expenses.

Fraud Alert! Hackers Hit Bank ATMs In Lagos

A large number of Automated Teller Machines located in some posh areas of Lagos like Victoria Island, Lekki Peninsula Phase I and II, and Ikoyi have been attacked by hackers and electronic fraudsters, it has been learnt.

Dirty Dozen Tax Scams

Every year at tax season, unscrupulous scam artists are out to get their hands on your money.

Standard and Poor's To Pay Nearly $80 Million To Settle Fraud Cases

Standard & Poor’s, the credit rating agency blamed for helping inflate the subprime mortgage bubble, has settled accusations that it orchestrated a similar fraud years after the bubble burst.

Restaurant 'Declined' President Obama's Credit Card

President Barack Obama's credit card was declined at a restaurant in New York City last month, he said.