Fraud
The Federal Capital Territory High Court granted former Central Bank of Nigeria Governor Godwin Emefiele a N2 billion bail on charges of property fraud. Emefiele, who pleaded not guilty, was charged by the Economic and Financial Crimes Commission with eight counts related to a disputed property consisting of 753 duplexes
Fraud
The Delhi government's department of trade and taxes has cracked a massive Goods and Services Tax (GST) refund fraud case, involving the creation of fictitious firms to illegitimately claim refunds worth approximately ₹14 crore. Through a thorough investigation, involving data analytics and scrutiny of banking transactions, the department
Fraud
The Economic and Financial Crimes Commission (EFCC) has arraigned Precious Williams, the director of Glossalalia Nigeria Ltd and Pelenged Nigeria Ltd, before Justice S. I. Mark of the Federal High Court sitting in Port Harcourt, Rivers state capital. Williams is being prosecuted on a 14-count charge bordering on conspiracy, advance
Fraud
Precious Williams, the Director of Glossolalia Nigeria Ltd and Pelenged Nigeria Ltd, has been brought before the Federal High Court in Port Harcourt by the Economic and Financial Crimes Commission (EFCC) on charges of conspiracy, advance fee fraud, and money laundering. The alleged scheme, which involved MBA Trading and Capital
Fraud
A whistleblower has revealed that an HS2 sub-contractor, working on the high-speed rail line, has been falsely declaring self-employed workers as pay-as-you-earn (Paye) salaried staff and inflating their rates. This practice involves submitting "fake" payslips. The sub-contractor was suspended from Balfour Beatty Vinci's (BBV) section of
Fraud
A 32-year-old man, Dheeraj Paswan, was arrested in Kanpur for masterminding a gang that defrauded a retired EPFO officer of Rs 82.30 lakh. The gang, which initially communicated through the online game Free Fire, used methods learned from YouTube to orchestrate digital frauds. The victim, Vinod Kumar Jha, discovered
Fraud
A fraud investigation into the high-speed rail project HS2 has been initiated by HM Revenue & Customs, fueled by allegations of "large-scale" financial impropriety. The review, prompted by a whistleblower's claim, centers on a subcontractor suspected of committing tax fraud by misrepresenting the employment status of
Fraud
A Johnston-based real estate investment firm, Aloisio Group, LLC, and its owner, Gregory F. Aloisio, 63, have been sentenced for conspiring to defraud and for defrauding homeowners and financial institutions. The scheme, which involved lying to homeowners and financial institutions, resulted in some homeowners losing their homes and others paying
Fraud
Earlisha Louis and Somoza Louis, a married couple from Newnan, Georgia, have been indicted and arrested by the United States Attorney Gregory W. Kehoe for their alleged roles in a COVID-19 relief funds scam. The indictment charges them with conspiracy to commit wire fraud and four counts of wire fraud
Fraud
Aleksei Andriunin, 26, the founder and CEO of Gotbit Consulting LLC, a financial services firm known for its market-making activities in the cryptocurrency industry, was sentenced to eight months in prison and one year of supervised release for his role in manipulating cryptocurrency trading volume on behalf of client companies.
Fraud
As part of a targeted effort to combat tenancy fraud, Stirling Council's Corporate Fraud Team, in partnership with other council services, has successfully investigated and re-allocated eight council homes to individuals in genuine need. This achievement underscores the council's commitment to safeguarding public funds and ensuring
Fraud
A man believed to engage in high-pressure sales tactics to convince people to pay for home security system monitoring and upgrades has been charged with additional counts of fraud. Since the initial charges were laid in early March, 17 more victims have come forward, bringing the total number of identified
