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Three Nigerians Indicted Over $6m Fraud In US

Three Nigerian Nationals Facing Federal Charges Related to a Fraud Scheme With Losses of More Than $6 Million First Defendant Extradited to the United States Arrived on April 12, 2023 Greenbelt, Maryland – The first of three defendants, Kosi Goodness Simon-Ebo, age 29, has been extradited from Canada to the United …

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CBN To Take Over Money In Dormant Accounts

A new regulatory framework established by the Central Bank of Nigeria (CBN) will allow it to take over billions of naira from dormant bank accounts, store them, and use the revenues to buy treasury bills and other government securities. In recently released guidelines on the management of dormant accounts, unclaimed …

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Woodberry’s Sentencing Fixed For July 11

The United States District Court of the Northern District of Illinois Eastern Division has fixed July 11 to sentence infamous internet fraudster Olalekan Jacob Ponle, alias Mr Woodberry over the damning fraud allegations against him. Mr Woodberry, friend and accomplice of Ramon “Hushpuppi” Abbas serving an 11-year jail term in a U.S. …

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