internet fraud in nigeria

In their desperation to join the ranks of scores of their compatriots who have been making millions of dollars out of online-scams, young Nigerian based wannabe scammers known as ‘yahoo boys’ are resorting to the use of traditional charms and mystical powers … Read more via The Guardian...

Many undergraduates in Nigerian universities dabble in internet fraud. Nicknamed “yahoo-yahoo” after the international web portal and search engine, this perfidy has become a way of life for the young con-artists. Many of these fraudsters – dubbed “yahoo-boys” – have become filthy rich. Some...

Four months after the United States Department of Justice (DoJ) charged 77 Nigerians with conspiracy to commit fraud, conspiracy to launder money, and aggravated identity theft, at least another four Nigerians were among 15 defendants charged on Tuesday for an alleged $18 million cyber and bank...

In the article, the antigraft agency expressed shock over how Mompha could successfully operate 51 Fraudulent bank accounts despite the Bank Verification Number (BVN), introduced by the Central Bank of Nigeria in February, 2014 which is meant to checkmate all acts of fraud in the banking sector...

The Economic and Financial Crimes Commission says it will need a petition in order to commence a probe against social media celebrities such as Ray Hushpuppi, Investor BJ, Baddy Osha, Opa6, Bayo Otunola and others who were mentioned in the song titled ‘Living Things’ by hip hop artiste, Abolore...

Mixed reactions continue to trail the arraignment of the rapper, Naira Marley by the Economic and Financial Crimes Commission (EFCC) over alleged forgery and internet fraud. Before his appearance in court today, popular crossdresser, Bobrisky, publicly prayed for the rapper. Also Read: ‘Do That...

Azeez Fashola, Nigerian musician better known as Naira Marley was on Tuesday arraigned at the Federal High Court in Ikoyi, Lagos. He is being charged to court by the Economic and Financial Crimes Commission on his alleged involvement with advance fee fraud. SaharaReporters spotted Naira Marley...

The Economic and Financial Crimes Commission, (EFCC), South-east Zonal Office, on Wednesday, arrested 37 suspected internet fraudsters in Owerri, the Imo State capital. The zonal head, Usman Imam, said the arrest followed a raid on some targeted residences in Okwu Urata, Aladinma and Egbu areas...