April 18, 2018/US SEC The Securities and Exchange Commission charged a Memphis, Tennessee-area businessman with stealing approximately $5.7 million from a Pennsylvania company’s pension plan. According to the SEC’s complaint filed in federal court in Memphis, Tennessee, on three separate occasions between March 2015 and February 2016, John S. Jumper […]
Frauds & Scandals
N3.2bn Fraud: NDIC Deputy Director Testifies in Ex-Gov. Kalu’s Trial
17/4/2018/Sahara Reporters The Economic and Financial Crimes Commission, EFCC, on Tuesday put Deputy Director, Nigeria Deposit Insurance Corporation, NDIC, Mr. Chidi Chukwuka, in the dock to tender documents indicating how former governor Orji Uzor Kalu diverted public funds to his private company, Slok Nigeria Limited, when he was the governor […]
Online Racket By Swiss Golden Swindles Over 7,000 Nigerians of N3Bn
Culled—Proshare April 18, 2018 By Yusha’u A. Ibrahim of Daily Trust The Economic and Financial Crimes Commission (EFCC) has recovered N216, 402,565.05 from Swiss Golden Investment, an online ‘investment’ that purportedly deals in buying and selling of Gold Bars which is said to have instead swindled about 7,000 Nigerians of […]
