Tag: Fraudsters

  • EFCC arrests six suspected internet fraudsters in Akwa Ibom

    EFCC arrests six suspected internet fraudsters in Akwa Ibom

    Men of the Uyo Zonal Command of the Economic and Financial Crimes Commission, (EFCC), have announced the arrest of six suspected internet fraudsters along Calabar-Itu road in Uyo Local Government Area of Akwa Ibom State.

    Dele Oyewale the acting head of media and publicity of EFCC made this known via a statement obtained by our correspondent in Uyo on Monday.

    According to Oyewale, the suspects were arrested at the early morning sting operation on Thursday, October 5, 2023, following intelligence linking them with suspected internet-related activities.

    He mentioned them to include; Udenze Benjamin, Godwin Atike, Emmanuel Francis, Adebe Oluwademilade, Anietie Brownson and Sabastin Obioma.

    The statement noted that some items were recovered from them such as phones and laptops noting that they would be charged to court at the end of the investigations.

    The statement in parts, “Operatives of the EFCC, have arrested six suspected internet fraudsters along Calabar-Itu road in Uyo Local Government Area of Akwa Ibom State following intelligence. Some items recovered from them include phones and laptops.

    “They will be charged to court as soon as investigations are concluded.”

  • Over $200 billion in Covid loans stolen by fraudsters in US – Report

    Over $200 billion in Covid loans stolen by fraudsters in US – Report

    More than $200 billion may have been stolen from two large COVID-19 relief initiatives, according to new estimates from a US federal watchdog, the media reported. Notably, the watchdog was investigating federally funded programs that helped small businesses survive the pandemic.

    On Tuesday, the inspector general of the Small Business Administration, SBA, released a report that gives the largest estimate yet of how much of the $1.2 trillion disbursed by the SBA was stolen by fraudulent claims.

    The report focused on two programs created during a pandemic to support small businesses, both under the SBA’s purview: the Paycheck Protection Programme, PPP, and the Economic Injury Disaster Loans, EIDL.

    The report said, “At least 17 percent of all COVID-EIDL and PPP funds were disbursed to potentially fraudulent actors”.

    The fraud estimate for the COVID-19 Economic Injury Disaster Loan programme is more than $136 billion, which represents 33 percent of the total money spent on that programme, according to the report. Meanwhile, the Paycheck Protection fraud estimate is USD 64 billion.

    Of the 22.1 million loans and grants disbursed, 21%, or 4.5 million, were handed to potential fraudsters.

    “In the rush to swiftly disburse COVID-19 EIDL and PPP funds, SBA calibrated its internal controls. The agency weakened or removed the controls necessary to prevent fraudsters from easily gaining access to these programs and provide assurance that only eligible entities received funds. Because of the “allure of ‘easy money,’” an overwhelming number of fraudsters were drawn to the program and took “advantage of the economic crisis and [diverted] funding intended for deserving eligible American small business owners,” the report said.

    As a result, multiple federal agencies are working to recover the stolen money. So far, nearly $30 billion in COVID-19 EIDL and PPP funds have been seized or returned to the SBA, the inspector general said.

    The report also noted that as of May, the oversight has resulted in 1,011 indictments, 803 arrests, and 529 convictions, all related to Covid-19 PPP and EIDL fraud, as per Forbes. The inspector general’s office is still working on tens of thousands of investigative leads on waste, fraud, and abuse in the loan programs, expected to continue for years.

    In a 2021 interview with ABC News, SBA Inspector General Hannibal Mike Ware predicted that the amount of fraud from Covid relief programmes would be “larger than any government programme that came before it.”

  • EFCC arrests 52 suspected internet fraudsters in Ogun

    EFCC arrests 52 suspected internet fraudsters in Ogun

    Operatives of the Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC) have arrested 52 suspected internet fraudsters in Ogun.

    Its Spokesperson, Wilson Uwujaren, said this in a statement on Friday in Abuja.

    According to him, the suspects are Olamilekan Ayuba, Ogundeyi Kayode, Abdulrahman Abiodun, Blessing Omokaro, Olasupo  Ridwan, Adetola Salau, Adeola Ideraoluwa, Victor Osikwemeh, Taiwo Ayobami, Eleshin Ademola, Ayomipo Adelere, Shogbesan Quadri, Sanni Qudus.

    “Others are: Olanite Oluwatosin, Olatunbosun  Alameen, Aderemi  Adekunle, Olawunmi  Tosin, Ayobado  Olatunde, Ariyo  Taofik, Olugbade David, Olumayowa  Adedayo, Aremu  Alabi, Akintosoye  Pelumi, Fatoye Akanbi and  Adio  Oyebanji.

    “Also arrested  are:  Adekoya Samuel, Adebayo Taiwo, Olawale Bayole, Emmanuel Benjamin, Omotosho Ayobami, Usman Boluwatife, Adewale Adeniyi, Obadina Olawunmi, Ashiru Abdullahi, Ahmed Mubarak, Idowu Kazeem, Olukoya Emmanuel, Yusuf Lukman.

    “The suspect also include: Agesin Eniola, Tajudeen Mustapha, Falola Olalekan, Usman Funsh, Bolaji Usman, Ayiyon Naoh, Mohammed Adeoye, Babatunde Seun, Afela Mustapha, Yusuf Habeeb Olanrewaju, Alao Ayomide, Oyeleye Uman Abduljelil Raji, Adeniyi Abdulmojeeb,” he said.

    He said that they were arrested during sting operations between June 7 and  June 8, following intelligence received by the commission about the activities of some individuals involved in computer-related fraud in some areas of the state.

    He said that items recovered from the suspects included mobile phones, laptop computers and cars.

    Uwujaren said that the suspects would  be charged to court after investigations are concluded

  • A national assembly of electoral fraudsters – By Evaristus Bassey

    A national assembly of electoral fraudsters – By Evaristus Bassey

    By Evaristus Bassey

    On the 12th of March 2023 David Eke made a post that showed quite convincingly that the President-Elect Bola Ahmed Tinubu had more paths to victory than Peter Obi. According to him, “Obi won Southeast and shared Niger Delta with PDP and APC. Any vote Obi got from the south, could have been neutralized by Tinubu’s votes from the south too…On election night, after analyzing the voting pattern of polling units’ results posted on social media of the core northern states, I knew they did not vote for Obi, and he was technically out of the race.” (Eke,D.(2023)[Twitter] 12/03. Available at: URL(Accessed 13/3/2023)). He went further to say that, “These states; Kebbi, Sokoto, Katsina, Kano, Jigawa, Borno, Yobe, Bauchi, Zamfara, Kaduna, Kogi, Kwara, and Niger DID NOT VOTE OBI. This is the Muslim-controlled north. Obi was making waves there initially until we turned Obi into a “Christian Project” …”

    Eke supported his conclusions with the data from the INEC results viewing portal.

    As objective as his analyses seemed, what dents the legitimacy of Tinubu’s win is that INEC made it seem like a shady deal. INEC appeared highly biased towards the candidate of the ruling party that as clearly as his path to victory was, it is perceived as a compromised victory and therefore affects his legitimacy in the eyes of a critical mass of citizens. This is one situation in which perception is reality. INEC did so much disservice to itself that the credulity and credibility it built up towards the elections dissolved just a day after the elections, for a large chunk of the population.

    The entire core north may have given their votes to the President-Elect because their leaders had decided to concede power to the south and had so instructed their followers to vote the APC candidate. The Southwest may have overwhelmingly voted for Tinubu as their son, except Lagos of course. APC too had loyal party men in the South-south and Southeast. But INEC did not maintain the needed neutrality to allow the process flow naturally so that we see truly whether all the previous prognostications and the current postmortems are ad rem. The very fact that INEC allowed a seamless transmission of the national assembly results but somehow, nationwide, there was a glitch in the uploading of the presidential results showed that there was something not very transparent going on. Someone has gone ahead to make the following breakdown: 840 results not accessible, 8217 results blurred and unreadable, 527 results cancelled, 164,279 results uploaded one week after election, 490 wrong PU results uploaded, 209 improper uploads on the form EC8A and 10,000 results not usable.

    Unfortunately, INEC Headquarters must take the blame, as is normal with Nigeria. Our unitary federalism makes everyone focus on the federal capital. There is very limited activism at state and local government levels whereas there is a lot at the federal level. Buhari easily gets the blame while some of our state governments are literally criminal enterprises with our governors the gang leaders. The INEC offices at state level and especially local government level commit the most heinous electoral infractions which we all turn around to heap the blame on INEC headquarters. The local politician easily has the security agencies under his payroll and at the risk of being severely molested, the ad hoc INEC staff at the polling unit is intimidated into doing their bidding; or at that level he is easily swayed with money. Many ward collation officers, and some local government collation officers see election time as harvest time, their own time to reap where they have not planted. And so, we have a system that is manipulatable at the national level and extremely compromised at the grassroots level.

    For me, the root cause is a legislature that is filled with electoral criminals influenced by an already established thieving executive.

    Why allow so many stages of human interference in the electoral system when a good law would eliminate all those bottlenecks? Why multiply entities beyond their necessities? Nigerian politicians generally have no sense of the common good; all they think about is winning the next election, and they believe they cannot win by free and fair means, because they do not serve the people during their tenures and know that a free and fair election would throw them out, so they put loopholes to be able to carry out some electoral heist. Take the falsely hyped BVAS machine for instance. While the rest of us celebrated it as a game changer, the politicians knew it was just a camera, just to take a photograph of the result sheet, a result sheet that can be filled with or without accreditation! While the rest of us spent time to queue for accreditation and voting, those who knew how to win their election simply thumb printed ballot papers and assigned scores to political parties as they wished on the result sheet and used the BVAS camera to take a shot and send to INEC server days later. Same thing happened in 2019 with some parts of the country completely ignoring the card reader. In 2015, after all the hype that card reader will be used, some parts of the country used the card reader only for INEC to announce sometime during the day that manual accreditation was okay because of the ‘challenges’ of the card readers! It then gave opportunity for certain parts of the country to come up with humungous figures! Every time the citizen is taken for a ride by selfish and purposeless politicians.

    We as citizens will have to mount pressure on the national assembly to review the electoral act and eliminate all the devilish human agents that are obstructing the path to the peoples’ sovereignty. The law must be unequivocal about electronic accreditation, voting, and collation. These are things that could be sorted out with software. As we get accredited, the ballot should be electronic, where you click on the party logo and your vote is automatically collated. Nigeria has so many software engineers that could do this, or it could be outsourced. I am not lost to the fact that this would require a running battle.

    The foundations of our nation should cease to be this gross dishonesty. I know that the national assembly cannot do this without the agreement of the executive. The President-Elect should try and be like President Y’Ardua who acknowledged that the election that brought him into office was flawed. He may not need to say it though. But he should do reparation for the abuses that have taken place during the presidential election through working with the legislature to adopt an electoral act that would shore up confidence in the populace. The people have been taken for a ride for too long, with a corrupt fuel subsidy regime, deceptive electoral processes, and even now with a conflicting currency policy that has brought untold hardship. Never did I dream that anyone would buy his national currency in a territory where it was legal tender! This issue has been the greatest low of the Buhari regime. The incoming government should do its best to respect citizens.

    As for Peter Obi being a Christian candidate, I completely disagree. Yes, most Christians may have supported him, not because he is Christian, but because he sounded fresh and different. Most Christians supported Buhari in 2015 against Goodluck Jonathan because Buhari was mistakenly seen as something different. As Christians, we support the truth from wherever it is coming from, whether it is coming from one who is in our fold or outside of our fold. And if INEC had allowed things to flow smoothly as they should, it would have been seen that Obi was also supported by very many Muslims as well, because they saw him as a departure from Nigeria’s usually deceitful ways. Truth is open to all humanity irrespective of their religious affiliations.

  • Police alert Nigerians to new tactics used by fraudsters on social media

    Police alert Nigerians to new tactics used by fraudsters on social media

    The Nigeria Police, Zone 2 Command, Onikan, comprising Lagos and Ogun, has warned the public not to fall victim to fraudulent transactions.

    The Zonal Public Relations Officer, SP Hauwa Idris-Adamu, issued the warning on Monday in Lagos after several reports of people falling victim to fraudulent activities.

    “It is to inform the general public, especially businessmen and women on the illicit and fraudulent manner through which criminals operate and their modus operandi.

    “Series of petitions have been written to the Assistant Inspector General of Police, in charge of the Command, AIG Adeleke Adeyinka, that fraudsters now sought businessmen and women who advertise their goods through various social media platforms

    “They also sought for potential buyers of such goods.

    “The criminals will contact dealers, who advertise such goods on social media platforms, and act like genuine buyers while they order for goods in large quantity.

    “They also act like genuine dealers to their prospective victims and give about three per cent to five per cent discount in order to entice their prospective victims.

    “Upon indication of interest, the prospective buyer will be lured into making payment.

    “Having made payment, the fraudsters will then give instruction to the dealer on the other hand to load the quantity of good requested by the victim with the pretext that payment will be made and confirmed on delivery before offloading of the goods.”

    Idris-Adamu said that when the goods arrived, the fraudster would no longer be reachable.

    “When it has been confirmed that goods have arrived destination, the fraudster then goes incommunicado.

    “The driver will be the one having issues with the victim who already made payment and has been expecting delivery of goods paid for.

    “This is always done mostly on Fridays to prevent any kind of banking system retrieval.

    “Based on the above, the Command is sending this to the general public as awareness; so, no one will fall victim of the antics of fraudsters who pretend as business clients,”

    Idris-Adamu passed a very strict warning to all criminal minded groups or individuals to relocate from the zone as they would not find it easy operating within the Zonal Command.

  • UK based Nigerian Man narrates ordeal in the hands of fraudsters

    UK based Nigerian Man narrates ordeal in the hands of fraudsters

    He left Nigeria to UK early last year. He maintained his Nigeria bank accounts both domiciliary and Naira accounts.

    As a Nigerian hustling over there, he works and saves his money in both naira and dollar in his accounts. Late last months, he noticed there were several debit in his accounts.
    He kept receiving debit alert via email.
    Alerts of different transfers and recharge cards. He called his brother in Nigeria to help him visit his bank to make complaint about his issues but the bank told his brother that he can’t make complaint on behalf of the account holder because it is against the bank’s policy.
    His brother was given a phone number and email where the account holder could forward his complaints to.
    In this process, several transfers has been made in the account. The account owner contacted the bank and the account was restricted.
    After that, he wrote a long legal content to sue the bank for illegal deduction of his money while he was away. The bank as usual carried out her investigation and the outcome was shocking.
    After the account holder left the country, he didn’t deactivate his number from his account.
    His phone number was inactive for several months so his network provider assumed he had lost or stopped using it, they sold it to another person.
    Anytime he makes any transaction on his account, the new owner of the number gets alert and could also see the balance in the account.
    The new owner went ahead to start recharging the line on the account. This is a level where no authentication pin was needed since it was the same number on the account.
    The person didn’t stop at that, he created a cardless pin just to make transfer into another bank. He started recharging and transferring money to his accounts in other banks. He transfered to friends, families.
    If he goes to buy clothes, he would transfer to them and a whole lot of people.
    After this,the bank started sending mails to all the banks he transfered money to notify them of the fraudulent transactions that came into those accounts.
    The banks restricted all the accounts that received inflow from the subject accounts with a text restriction.
    ” fraudulent transactions, apprehend customer on sight”
    So when these account owners were unable to withdraw from their accounts, they go into the bank to make complaint and when the bank workers sees the text restrictions, they consult the law enforcement agents and the account holders gets arrested and taken into custody.
    With this action, everyone that received money from the account including his parents and brothers were all arrested.
    He had transfered almost 300k in a month and recharged almost 10k.
    He was arrested too.
    They bank made sure the total amount debited from the account was returned before they allow him and others to be bailed on a huge amount of money.
    How to curb the menace
    1. If you are leaving the country, deactivate your sms alert on all your banks and leave only email because when your service provider sees that your number is inactive for a long time, it will be sold to another person and it is very dangerous if the number lands on a wrong hand.
    2. Never allow anyone use your account to receive money from an untrusted source, because if it is a fraudulent transaction into your account, you would be accused as an accomplice.
  • EFCC arraigns magician who doubles  money in Lagos

    EFCC arraigns magician who doubles money in Lagos

    The Economic and Financial Crimes Commission (EFCC) has arraigned Olalekan Mutholib on a five-count charge bordering on obtaining $100,909 by false pretence.

    Mutholib, under trial before Justice Nicholas Oweibo of the Federal High in Ikoyi, Lagos State, is also accused of N1,050,000 fraud.

    The defendant and accomplices claimed they possessed magical power to double $50,000 falsely obtained from one of their victims, Raji Babatunde.

    Mutholib and Nurudeen Gbolagade Rasheed, (at large) sometime in 2021, “knowingly conspired with others at large to obtain the sums of $50,000, $30,909.06, $20,000 and N1,050,000.60.”

    The offences contravene Section 8(a), 2(b) and Section 2(c) of the Advance Fee Fraud and other Fraud Related Offences Act 2006 of the Act.

    Mutholib pleaded not guilty to the charge when it was read to him.

    Bilikisu Buhari, prosecution counsel, asked the court for a trial date and prayed that the defendant be remanded in a correctional facility.

    The defence counsel, Oludare Adetoki, announced that he filed an application for bail.

    Justice Oweibo fixed March 1, 2022 to take arguments for and against the motion for bail.

    Mutholib will remain at a correctional centre until then.

  • EFCC nab 37 alleged internet fraudsters in Ibadan

    EFCC nab 37 alleged internet fraudsters in Ibadan

    The Ibadan Zonal Command of the Economic and Financial Crimes Commission (EFCC) has arrested 37 suspected internet fraudsters.

    The suspects, according to the Commission’s Head, Media and Publicity, Wilson Uwajaren were arrested at Ibadan and Oyo towns, Oyo State following intelligence on their alleged involvement in internet fraud.

    The suspects include Kehinde Emmanuel Ayoola, Adewale Samson, Adeniran Ayobami, Abiodun Olamide, Olaoye Bolarinwa, Ajibade Ayodeji, Babalola David, Fatunbi Oludotun, Abdusalam Ololade, Taiwo Emmanuel Olaoluwa and Oyewole Oyewunmi Fred.

    Others are Akinboade Jimmy, Oyewole Samod, Ishola Labayo, Ayinde Ridwan, Oladokun Akolade, Adebayo Basit, Adebayo Kudus, Oladeji Joseph, Popoola Ayomide, Khalid Mohammed, Salimon Sodiq and Oparemi James.

    Uwajaren, however, said the suspects will be charged to court as soon as investigations are concluded.

     

  • Online scammers using Baba Sala’s name to make money- Son

    Online scammers using Baba Sala’s name to make money- Son

    The family of the late Moses Adejumo, popularly known as Baba Sala, has advised unwary members of the public against falling for the ruses of some fraudsters who have opened an online account for the funeral of the comedian.
    The oldest son of the comedian, Rev’d Bamidele Adejumo said the family had not opened any account for the burial of his father contrary to the claims of some fraudsters.
    Bamidele noted that the family was embarrassed that some persons had opened a fake account and asking funds from members of the public.
     
    Speaking in a chat with Punch, he said: “We have not opened any PayPal account or any online account. The claim is false information. The family has not asked for anything from anybody. We have not met and nobody is soliciting anything from anybody yet. If we will be expecting anything from any fans, admirers or anybody at all, it will be freewill donation.
    “We have not opened any PayPal site or any intent account for people to donate to. Anybody who wants to donate anything to the family should please come to the family in Ilesa. Such people can come with pressmen and take photographs to document it.
    “They should have standard record and avoid fraudsters. They should avoid fraudsters, who are posing as members of the family.”
     

  • JUST IN: EFCC arrests 6 notorious Abuja yahoo boys

    JUST IN: EFCC arrests 6 notorious Abuja yahoo boys

    Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested six suspected internet fraudsters also known as yahoo yahoo boys in one of their hideouts in the Kubwa area of Abuja.

    TheNewsGuru reports the suspects are Ihoeghian Aghasomwan, Precious Osarumen, Enabulele Osazee Frank, Osahon Scott, Efe Ehieorobo and Peter James.

    Yahoo boys arrested in Abuja
    Yahoo boys arrested in Abuja

    The operation, which was carried out in May by the Advance Fee Fraud Section (AFF) of the Commission through a sting operation, followed an intelligence report on the activities of the fraudsters.

    “Surveillance was carried out and the identity and location of the fraudsters who specialize in defrauding innocent citizens both within and outside the country through internet was identified,” the EFCC said in a statement.

    On the arrest, some of items recovered from the suspects include – one Toyota Camry 2009, 10 laptop computers, 4 ECOWAS International passports, 17 mobile phones, 2 flash drive, HP printer and Certificate of Award of Asian Professional Security Association in favour of Sun Yaje.

    Also recovered was a traveling bag and air piece check-in bag suggesting Abuja as its destination dated March 19, 2018 labelled with two paper clearance certificate of Custom Controlling Department, International Affairs China, No: 00548 and TDK courier service worldwide express service shipment details with track No: ME103178131.

    The EFCC said “All the hardware and digital devices recovered from the suspects would be subjected to forensic examination”.

    “The suspects will be charged to court as soon as investigation is concluded,” the Commission added.