Tag Archives: Fraud

US Indicts Allen Onyema, CEO Of Air Peace for Fraud & Money Laundry

The Chairman, CEO, and founder of Nigerian airline Air Peace, Allen Ifechukwu Athan Onyema 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. The international airline’s Chief of Administration and Finance, Ejiroghene…

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EFCC Re-arraigns Former INEC Chairman, Maurice Iwu, For Alleged N1.23bn Fraud

The Economic and Financial Crimes Commission (EFCC) on Thursday re-arraigned a former chairman of the Independent National Electoral Commission, Prof Maurice Iwu, for an alleged fraud of N1.23bn. Iwu was re-arraigned on four counts before Justice Nicholas Oweibo of the Federal High Court in Lagos. He had earlier been arraigned in August before Justice Chuka…

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Business Owners, Glory Osei & Husband Called Out For Fraud and Unfair Treatment Of Staff

Twitter Feminist and Business owner Glory Osei and her husband, Muyiwa Folorunsho have been called out by former staffs over alleged fraud and unfair treatment of their employees and partners. Glory and Muyiwa are the CEOs of Divergent Enterprise which is the mother company to Landlagos, Shapeyou, 234logistics, casual Becky, Porkoyum, Porkmoney, True Rebel and Hyberfactory. The…

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Jamb Releases 2019 UTME Results, Nabs Worker For Fraud

After an unusual wait, the Joint Admissions and Matriculation Board (JAMB)has finally said on Friday that the results of the 2019 Unified Tertiary Matriculation Examination would be released formally on Saturday. The JAMB Registrar, Prof Is-haq Oloyede, disclosed this at the board’s headquarters in Abuja, while parading a staff member of the examination board, Mr…

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EXCLUSIVE: Ayo Animashaun’s Smooth Promotions Drag Heritage Bank To Court For Fraud

Just weeks after Innoson motors got a landmark judgment against GTBank, it appears another Nigerian bank is behaving badly, and about to be called to order by the court. According to court papers leaked online today, heritage bank, which has been embattled for some time, is being sued by Smooth Promotions (owned by Ayo Animashaun…

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Marc Anthony’s Accountant Gets Six Years For Stealing $9M From Him

Ex-husband of JLO and popular American Singer, Marc Anthony, had accused his accountant of stealing over $9 million from him, the accountant has finally been sentenced to six years in jail. The Accountant, Kyle Tessiero, took a plea deal in June and admitted to stealing millions from Anthony’s American Express card in order to pay for…

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EFCC Closes N4.7bn Fraud Case Against Ladoja & Akanbi

The Economic and Financial Crimes Commission (EFCC), on Tuesday, 11th of September, closed its case against the former Governor of Oyo State, Rasheed Ladoja and a former Commissioner for Finance, Waheed Akanbi charged with N4.7billion fraud before a Federal High Court in Lagos. The accused were brought before Justice Mohammed Idris on Dec.14, 2016, but…

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