Africa West Africa World 

Nigerian influencer Hushpuppi pleads guilty to money laundering

In one scheme he is facing charges on is his attempt to steal more than $1.1m from someone who wanted to fund a new children’s school in Qatar, the document said. – – Prosecutors also alleged that Abbas defrauded a client of a New York-based law firm out of approximately $922,857 in October 2019 after he and a co-conspirator “tricked a paralegal” into wiring them money that was intended for the client’s real estate refinancing. Abbas also conspired to launder funds from a $14.7 million “cyber-heist” that struck a foreign…

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Africa Business World 

AfCTFA: Why Africa needs robust fraud management system

– – Emmanuel Obinne, West Africa Head of Growth and Partnerships at BPC Banking Technologies is advocating for a robust payment system for trade under the African Continental Free Trade Area. This according to him is crucial in averting any attempt by fraudsters to take advantage of loopholes in the various payment systems. He was speaking in an interview on the new approach by fraudsters in the wake of the COVID 19 pandemic. “Iam actually excited about the Free Trade Area being set up and here we are talking about…

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Africa Nigeria West Africa World 

Nigerians react to arrest of 80 nationals by FBI for internet fraud

Nigerians have been reacting with mixed feelings after the Federal Bureau of Investigation (FBI) in the United States announced the arrest of some 80 Nigerians over internet fraud. The FBI revealed the names and aliases of the Nigerian-born fraudsters who were arrested during a bust of an 80-man Internet crime syndicate across the United States. According to American officials two Nigerians run a money-laundering network used for the transfer of stolen funds. They run a group of fraudsters, numbering 80 who undertake several internet frauds. They were alleged to have…

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Africa East Africa Featured World 

Kenyan man pleads guilty in over $800K internet scam

A Kenyan man is to be sentenced in October this year after pleading guilty to fraudulently receiving $749,158.37 from the University of California San Diego (UCSD). Mr Amis Hassan Raage received that money in a computer phishing scheme, which he pleaded guilty to during his trial. He will be sentenced before US District Judge Gonzalo P. Curiel on October 11, 2019. Hassan Raage will be sentenced on the charge of conspiracy to commit Wire Fraud, in violation of Title 18 United States Code, Sections 1349. The offence attracts a maximum…

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Rwanda: The population forced to make contributions to fund farcical parliamentary elections.

The RPF regime INKOTANYI is in full gear preparing parliamentary elections on September 16,2013 in which no individual or party critical of the regime will take part. Leaders of key opposition parties are in jail for politically motivated reasons. These include the chair of FDU-Inkingi Mrs Victoire Ingabire Umuhoza, Bernard Ntaganda, chair of PS Imberakuri, Deo Mushayidi of Chair PDP/Imanzi Party etc. To add insult to injury, the henchmen of the regime are busy putting pressure on the population to pay dues to finance the so-called elections. The impoverished people…

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