The suspects were apprehended at Joyous Hotel in Nyanya, a suburb of the capital city, following credible intelligence linking them to internet-related crimes. According to a statement by the EFCC spokesperson, Dele Oyewale, items recovered during the operation include 86 mobile phones, a rifle pistol, and three motorcycles. Oyewale added that the suspects would be […]
EFCC stated that the identified suspects are Folashade Odelana and Bamidele Ayodele Abiodun, who are 31 and 32 years old respectively. They were accused of orchestrating fraudulent activities on the platform, which reportedly led to substantial financial losses for unsuspecting investors. Recall that in April 2025, panic spread among CBEX users after they were suddenly […]
Popular social media activist, Martins Otse, popularly known as VeryDarkMan, has been released from the custody of the Economic and Financial Crimes Commission. A former African Action Congress, AAC, presidential candidate, Omoyele Sowore, confirmed the activists’ release via his X handle. Recall that there has been uproar across the nation with youths demanding his immediate […]
…Says there’re ‘multiple petitions’ against the activist.
The presiding judge, Justice Inyang Ekwo also ordered that the parties report to the court on May 2nd on the outcome of his order. Recall that the EFCC arrested Achimugu at 5am on Tuesday at the Nnamdi Azikiwe International Airport. Read Also: EFCC arrests wanted socialite Achimugu at Abuja airport The EFCC is investigating Achimugu […]
…as the Commission plans to charge E-Money to court upon conclusion of its inquiry.
It was gathered that Achimugu was arrested around 5 am after her return from London. Achimugu had been declared wanted in March by the EFCC over allegations of criminal conspiracy and money laundering. On Monday, the Federal High Court in Abuja, presided over by Justice I.E. Ekwo, had ordered her to appear before the EFCC […]
The Federal High Court in Abuja has given the Economic and Financial Crimes Commission, EFCC, the go-ahead to arrest and detain six promoters of Crypto Bridge Exchange, CBEX, over alleged investment fraud to the tune of over one billion dollars.
The Economic and Financial Crimes Commission has launched an investigation into the alleged N1.3 trillion fraud perpetrated through a digital investment platform, CryptoBank Exchange.
The Independent Corrupt Practices and Other Related Offences Commission has invited and set to probe the Osun State Government’s former Commissioner for Local Government and Chieftaincy Matters, Adebayo Adeleke, over alleged fraud allegation. A media aide to Adeleke, Kazeem Mohammed, confirmed the reception of the letter by his principal adding that he would honour the invitation […]