Showing posts with label bank fraud in Nigeria. Show all posts
Showing posts with label bank fraud in Nigeria. Show all posts

Wednesday 22 April 2015

EFCC Arraigns Hacker For N68 Billion Bank Theft

Mr. Stephen Omaidu
The Economic and Financial Crimes Commission, EFCC, on Monday, April 20, 2015 arraigned one Stephen Omaidu before Justice M. A Nasir of Federal Capital Territory High Court sitting in Jabi, Abuja on a two count charge bordering on theft to the tune of N68, 028, 000, 000.00 (sixty eight billion and twenty eight million naira).

How An Indian Perpetrated N32b Bank Fraud In Nigeria - EFCC 

The Federal High Court in Lagos yesterday heard how an Indian businessman, Patrick Fernandez, allegedly perpetrated a N32 billion bank fraud.

Monday 16 February 2015

Thursday 5 February 2015

FRAUD: Italian Businessman Arraigned For Defrauding Nigerian Bank Of N717m

Justice Mohammed Idris of the Federal High Court in Lagos yesterday ordered that a Nigerian-based Italian businessman, Piero Allan Franchillo, be remanded in prison custody for allegedly defrauding Zenith Bank Plc of the sum of N717 million.

Saturday 24 January 2015

How Nigerian Bank Staff Help Fraudsters Steal Billions

Despite multiple security checks in banks, incidents of fraud are on the increase, prompting the Central Bank of Nigeria (CBN) to raise alarm, blaming it on insiders. Weekly Trust takes a look at the disturbing trend.