As the festive spending ramps up, so do advance-fee loan scams and fraudsters ... “Any irregular changes or movements could flag fraud. If you suspect someone is using your banking details ...

The advance-fee scam has had many names over the years, but the core of the trick remains the same: Ask a target to pay a small fee in exchange for a massive return. Kaspersky reports that it ...

One such case recently concluded with the sentencing of Tochukwu Nwosisi, a resident of Indianapolis, Indiana, shedding light on the intricate operations of international advance-fee fraud and its ...

Also called the "Nigerian letter" and "advance-fee fraud," the 419 fraud refers to a section of the criminal code in Nigeria. It refers to fax and email spam claiming that recipients can receive ...

Advance-fee fraud describes any scheme in which a party asks a potential investor or customer to pay a tax, commission, insurance fee, security deposit, or other expense before some sort of deal ...

The alleged offences contravene Section 8(a) of Advance Fee Fraud and Other Fraud Related Offences Act of 2006 and Section 15 (2), 15(3) and 18(c) of the Money Laundering (Prohibition) Act ...

The Federal High Court in Lagos has ordered the interim forfeiture of digital wallet assets valued at $222,729.86 traced to a suspected internet fraud syndicate, including 792 foreign nationals and ...

This offence contravened Sections 6, 8(b), and 1(3) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006. The EFCC stated that the defendants’ activities posed serious threats to ...

Oguntade was arraigned by the Ibadan Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) on October 13, 2020, on a three-count amended charge of forgery, advance fee fraud ...