A former banker, Peter Omokaro, has testified against the former Managing Director of Asset Management Cooperation of Nigeria (AMCON), Ahmed Kuru, for allegedly defrauding Arik Air. Mr Kuru and four ...

IN SHORT: Facebook posts are attempting to lure users with the promise of "Free USA Visa Sponsorships and Grants", allegedly from the Nigerian government. But be warned, they're out to scam. "Free USA ...

Artificial intelligence is already reshaping how people learn about money in other parts of the world. If Nigeria moves quickly, it ...

While deepfake scams dominate headlines, AI is probably having the biggest impact in the background, helping scale the “logistical” side of fraud at unprecedented levels. What once took days, even ...

The Lagos State Special Offences Court in Ikeja on Monday adjourned the fraud trial of the former Managing Director of the Asset Management Corporation of Nigeria, Ahmed Kuru, and four other ...

A witness for the Economic and Financial Crimes Commission (EFCC) has recounted how she was defrauded of $183,000 by Wawe ...

The cold-hearted world of scamming is big business. American consumers lost more than $12.5bn to cyber-fraud last year, ...

Nigeria’s minister of information outlines the nation’s commitment to creating a balanced regulatory framework for ...

A 60-year-old man based in the United States, Bamikole Laniyan, is at the risk of a 52-year jail term and possible deportation after pleading guilty to his role in a $1.7m bank fraud and money ...

Nigerian authorities are warily moving to regulate Africa's largest cryptocurrency market in long-delayed efforts to create ...

ShareThe Economic and Financial Crimes Commission (EFCC) yesterday said it secured a record-breaking 4,111 convictions in ...

US District court in Texas, has remanded a Nigerian man, after he pleaded guilty to committing wire fraud and romance scam ...