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Bank Fraud

The United States (U.S.) recently announced the arrest of scores of Nigerians and few other nationals involved in what the Federal Bureau of Intelligence (FBI) described as the largest internet fraud ever committed in the country.

US jury indicts three Nigerians over theft of $348,000

Three Nigerians have been indicted by a US federal grand jury in Bismarck, North Dakota, after investigators said they stole $348,000 from a Dickinson company through a complicated computer fraud scheme.
ALLEN ONYEMA

Air Peace chief denies US fraud allegations, says all money transferred went through central...

Air Peace CEO Allen Onyema, has denied all fraud allegations by the USA, stating that they are false and are in no way in line with his character as a person and as a business man whose only aim has been to build Nigeria and improve wellbeing.
ALLEN ONYEMA

US DOJ’s statement on Allen Onyema’s fraud indictment — full text

“Onyema allegedly leveraged his status as a prominent business leader and airline executive while using falsified documents to commit fraud,” said U.S. Attorney Byung J. “BJay” Pak. “We will diligently protect the integrity our banking system from being corrupted by criminals, even when they disguise themselves in a cloak of international business.”

Air Peace chief indicted for fraud in US

Allen Ifechukwu Athan Onyema, the chairman, CEO, and founder of Air Peace, a Nigerian airline, has been charged with bank fraud and money laundering for moving more than $20 million from Nigeria through United States bank accounts in a scheme involving false documents based on the purchase of airplanes.

Nigerian woman pleads guilty to drug trafficking

A Nigerian woman pleaded guilty today to leading a conspiracy to import more than five kilograms of cocaine, as well as to her role in a separate bank fraud scheme, and to making false statements relating to fraudulent claims submitted to Medicaid for reimbursement.
“The Department of Justice has increased efforts in taking aggressive enforcement action against fraudsters who are targeting American citizens and their businesses in business email compromise schemes and other cyber-enabled financial crimes,” said Deputy Attorney General Jeffrey Rosen.

Operation Rewired: FBI announces arrest of 167 Nigerians

United States’ Federal authorities on Tuesday announced the arrest of 167 Nigerians in a wide scale effort to disrupt Business Email Compromise (BEC) schemes tagged used by fraudsters to intercept and hijack wire transfers from businesses and individuals, including many senior citizens through an investigation tagged ‘Operation reWired” conducted around the world.
Mohammed Wakili

Kano police chief vows to deal with drug abuse

Mr. Wakili Mohammed has assumed office as the new Commissioner of Police for Kano State Command, vowing to deal with drug and substance abuse in the state.

Donald Trump’s ex-campaign chief guilty on eight counts

US President Donald Trump has been dealt a double blow after developments in two separate cases involving his former close associates.
Donald Trump

Two Donald Trump lieutenants found guilty, president implicated

Donald Trump stood accused of conspiring to commit campaign finance fraud and two of his closest aides faced jail time Tuesday after court proceedings delivered a legal and political one-two punch to his embattled presidency.

Donald Trump campaign chief Paul Manafort found guilty of fraud

Paul Manafort, Chairman of President Donald Trump’s campaign, was found guilty on Tuesday of eight of the 18 charges he faced in a case of bank and tax fraud.
Michael Cohen exiting the United States District Court of the Southern District of New York on May 30, 2018. Eduardo Munoz Alvarez-Getty Images

Michael Cohen: I committed crimes with Donald Trump

Michael Cohen, Donald Trump’s longtime lawyer and fixer, implicated his former boss as he pleaded guilty on Tuesday to eight counts, including violations of campaign finance rules during the 2016 presidential race.

Rapper Sauce Kid released from US prison after serving time for fraud

Babalola Falemi, a rapper better known as Sauce Kid, has reportedly been released from a US prison after serving a two-year sentence for card fraud.

US charges two men over ATM ‘jackpotting’

The United States Department of Justice (DOJ) has charged two men with bank fraud after they allegedly hacked ATM machines causing them to eject all their cash reserves like a Vegas slot machine.

Bilateral legal accords with US losing validity – Turkey’s Recep Erdogan

Turkish President Recep Tayyip Erdogan on Friday warned that bilateral legal accords with the U.S. were “losing validity”, lashing out at Washington over the conviction of a Turkish banker in a U.S. trial.

Recent Stories

The U.S. Justice Department has filed a statement in support of a church that is challenging the state of Virginia’s ban on gatherings of more than ten people.

Controversy as Lagos churches reopen today

But while Catholics, Methodists, Anglicans and the leadership of Pentecostal Fellowship of Nigeria, PFN, in the state are resuming services, two senior clerics, Pastors Tunde Bakare and Chris Okotie, are asking their members to continue to worship from home.
Prime Minister Boris Johnson discussed telecoms security with US President Donald Trump as he prepares to announce if Britain will use China’s Huawei in its 5G networks, officials said Saturday.

Huawei will stop producing Kirin chipsets on September 15

Huawei will stop making its flagship Kirin chipsets next month, financial magazine Caixin said on Saturday, as the impact of U.S. pressure on the Chinese tech giant grows. U.S. pressure on Huawei’s suppliers has made it impossible for the company’s HiSilicon chip division to keep making the chipsets, key components for mobile phone, Richard Yu, CEO of Huawei’s Consumer Business Unit was quoted as saying at the launch of the company’s new Mate 40 handset.
Speaker of the House of Representatives, Rep. Femi Gbajabiamila on the floor, moving a bill on the Repeal of Quarantine Act, 2004 at plenary yesterday at National Assembly Abuja. . Photo by Gbemiga Olamikan. 2

House of Reps uncovers abandoned power projects worth over N156 billion

The Federal House of Representatives, in it’s oversight function, has uncovered many power projects, put together at the cost of N156 billion, that are being abandoned or are yet to be completed by the Transmission Company of Nigeria (TCN).

Biafra group warns Miyetti Allah against operating security outfit in South-east, South-south

The Biafra Nations Youth League, BNYL, on Saturday, warned Miyetti Allah Kautal Haure not to allow the Fulani Security group to operate in the Southeast and Southsouth to avoid bloody confrontation by both groups.
Governor of Kaduna State, Mallam Nasir El-Rufai, has fully recovered from coronavirus. 4

Governor El-Rufai: South should produce next President

Barely a week after President Muhammadu Buhari’s closest ally and nephew, Malam Mamman Daura, spoke against zoning of presidency ahead of the 2023 election, Kaduna Governor Nasir El-Rufa’i has said the next President should come from the South.