Fraud: EFCC arraigns 3 for alleged conversion of N96.7m

Three persons, Kasumu Shakiru Ademola, Salau Omoniyi Mukaila and Ganiu Oluyede Ishola were on Monday arraigned before a Federal High Court, Lagos, by the Economic and Financial Crimes Commission (EFCC), for alleged fraudulently conversion of the total sum of N96, 739, 666.86 million. The three defendants were arraigned on eight counts charge bordering on conspiracy, unlawful conversion and fraud alongside a stock broking firm, CSL Stockbrokers. EFCC in a charge marked FHC/L/397c/18, alleged that the three defendants and the stockbroking firm had on or about June 25, 2015, conspired among…

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EFCC arraigns 3 youths for defrauding customers of N1.2bn through Access Bank’s POS

The Economic and Financial Crimes Commission (EFCC) today, arraigned three youths, before a Federal High Court, Lagos, for allegedly defrauding unsuspecting Nigerians of N1. 231,105,297.88 billion through Access Bank Plc’s Point of Sales machine (POS). The three youths arraigned by the EFCC on the alleged fraud are: Ifeanyi Nwaner, Omede Silas Shehu, and Monday Akor.  EFCC claimed that the three suspects committed the alleged offence between 5 August and September, 2017. To by precise, the EFCC in charge marked FHC/L/225c/18, alleged that the first accused, Ifeanyi Nwaneri, used the Access Bank’s…

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