The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has urged Nigerian youths to shun internet fraud and channel their creative energies towards nation-building. He gave the charge on Wednesday, 8 October 2025, at the inaugural Kids and Teens STEAM Innovate Buildathon bootcamp. The event, themed “Future Innovator: Young Minds, Big…
The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has attributed the rising involvement of Nigerian youths in financial crimes to parenting failures and neglect within the family unit. Speaking in Kaduna on Friday, September 19, 2025, at the Armed Forces Command and Staff College, Olukoyede, represented by the Acting…
A federal jury in Puerto Rico has convicted a Nigerian, Oluwasegun Baiyewu, for conspiracy to launder funds in connection with multiple wide-ranging wire, mail, and access device fraud schemes. Mr Baiyewu was convicted on Monday of a money laundering conspiracy following a 22-day trial in San Juan. According to court documents and evidence presented at…
The Nigeria Police Force National Cybercrime Centre (NPF-NCCC) said its operatives had arrested a suspect for over $597,000 in romance fraud. The Force Public Relations Officer, ACP Olumuyiwa Adejobi, said this at a news conference on Thursday in Abuja. Adejobi said the suspect was arrested for allegedly defrauding a female American national of $597,000 in…
A Nigerian national, Okezie Ogbata, has pleaded guilty in a Florida district court to defrauding more than 400 elderly and vulnerable Americans of over $6 million through a transnational inheritance fraud scheme. According to the US Department of Justice, the 36-year-old and his accomplices deceived victims by sending fraudulent letters claiming to be representatives of…
The Federal Capital Territory (FCT) High Court in Jabi, Abuja, has convicted and sentenced Praise Humphrey Igbo, also known as Jessica Allen, to one year in prison for internet fraud amounting to $115,000. The judgment was delivered by Justice H.L. Abba-Aliyu on Wednesday, December 11, 2024. The Economic and Financial Crimes Commission (EFCC) prosecuted Igbo…
Anti-corruption agencies and organizations have proffered solutions on how Nigeria youths could be rescued from their present lust for illicit wealth acquisition through different corrupt practices such as internet fraud. The stakeholders who offered their submissions at the Town hall meeting in commemoration of the 2024 International anti-corruption Day at the South East zonal office…
The Federal High Court in Abuja on Friday granted a total of N1bn bail to 109 foreign nationals detained on allegations of their alleged involvement in high-level cybercrime and hacking activities said to be threatening the nation’s security. Justice Ekerete Akpan, while delivering a ruling in the bail application moved by the defence counsel, James…
A United States federal court has sentenced Anthony Ibekie and Samuel Aniukwu to a combined 30 years in prison for defrauding American citizens of $3.5 million. In a statement published on the US Department of Justice website, the duo was said to have orchestrated a romance scam, luring victims with false claims of inheriting substantial…
GISTSMATE MEDIA reports that a student of the University of Port Harcourt (UNIPORT) has been handed a 14-year sentence for internet fraud. The undergraduate, identified as Henry Nathaniel Ekanem, was convicted before the judge A. T. Mohammed during a federal high court sitting in Rivers state on Wednesday. Ekanem was arraigned by the Port Harcourt…