The Economic and Financial Crimes Commission (EFCC) has arraigned Jesam Michael, the Chief Executive Officer of Afriq Arbitrage System, before Justice Emeka Nwite of the Federal High Court, Abuja, over an alleged investment fraud. Michael is accused of defrauding investors to the tune of N2 billion through a scheme promising unrealistic returns on investments. The
The Economic and Financial Crimes Commission (EFCC), Awka Zonal Command, has secured the conviction of nine internet fraudsters before the Federal High Court in Awka, Anambra State. According to a statement by the EFCC, the convicts were arraigned on separate one-count charges bordering on impersonation and obtaining by false pretense, offenses which violate Section 22(3)
The Economic and Financial Crimes Commission (EFCC) has confirmed the arrest of 11 suspected internet fraudsters in a targeted operation carried out in Kaduna State. Operatives from the Kaduna Zonal Command of the anti-graft agency swooped on the suspects at various locations within the city following credible intelligence on their alleged involvement in cybercrime activities,
The Economic and Financial Crimes Commission (EFCC) has arraigned two Chinese nationals before a Federal High Court in Lagos over alleged involvement in illegal mining activities, signaling a renewed crackdown on foreign exploitation of Nigeria’s mineral resources. The suspects, identified as Liu Kui and Wang Hai, were brought before Justice Mohammed Liman on multiple counts
The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has charged Nigerian students to live exemplary lives rooted in integrity, discipline, and patriotism, urging them to reject the lure of cybercrime and other fraudulent activities that threaten the future of the country. Speaking during an interactive youth engagement session at
In a major crackdown on cybercrime, twenty-one internet fraudsters have been convicted and sentenced to various jail terms by courts sitting in Makurdi, Benue State, following successful prosecution by the Economic and Financial Crimes Commission (EFCC). The convictions, delivered over the past week, followed a series of coordinated arrests and investigations by operatives of the
In an unusual twist of events, a middle-aged man, Idris Adamu, shocked staff at the Gombe Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) on Monday, June 2, 2025, when he voluntarily walked into the commission’s premises to confess his involvement in a long-running employment scam. Adamu, who arrived at the EFCC office
ABUJA — The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has reaffirmed the Commission’s unwavering commitment to recovering funds lost by Nigerians to the controversial CBEX investment scheme. Speaking through the EFCC’s official platform, the Chairman noted that “The Eagle is working relentlessly to ensure victims of the CBEX
The Economic and Financial Crimes Commission (EFCC) has filed fresh criminal charges against the former Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, accusing him of grand theft and the illegal acquisition of a sprawling estate consisting of 753 duplexes in Abuja, alongside the alleged concealment of billions of naira using proxy
Operatives of the Economic and Financial Crimes Commission (EFCC), Kano Zonal Command, have arrested two suspects in possession of counterfeit foreign currency totaling $899,800 during a sting operation in Kano State. The arrest was made on Friday, May 31, 2025, following actionable intelligence indicating suspicious currency dealings in the state’s commercial hub. The suspects, identified
