Fraudsters

Have you heard of some of these companies; MMM, Twinkas, Loom, Racksterli, iCharity Nigeria, Loopers Club, NNN Nigeria. Unfortunately, there is one thing these companies have in common: they are all Ponzi schemes. The term, Ponzi Scheme,…

A finance question posed by a financial analyst simply identified as Kalu Aja has spurred many Nigerians to share their heartbreaking experiences with various Ponzi schemes. Ponzi scheme is a form of fraud that lures investors with…

Singer, Emma Chukwugoziam Obi, better known as Emma Nyra has come under attack for defending suspected fraudster, Hushpuppi by slamming Nigerians who rejoiced over his arrest. Nyra took to Twitter to air her view over the arrest of…

The United Kingdom Government has warned Nigerians intending to study in Britain to desist from money laundering and other criminal activities. The UK gave this warning on Friday, February 21 in Abuja through the UK’s National Economic…

A woman identified as Ebun Efunkoya over the weekend took to social media to narrate how she was hypnotised and defrauded over a million naira by a criminal syndicate operating with a tricycle, popularly known as 'keke napep' in these…

Two suspects have been arrested for duping people with fake Dollars and they opened up about how they carry out their operations. George Osagie, 51 and Makinde Kudu, 28, were arrested in a popular hotel in Lagos and paraded at the…

EFCC, Lagos zonal office, has arrested 13 suspected internet fraudsters for conspiracy, possession of fraudulent documents and obtaining money under false pretence. The suspects are- Badejo Tobi, Abiola Dimeji, Anthony Godwin, Osoba…