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    NjiaPay: South African Fintech Startup Reshaping Payment Solutions for African Businesses

    NjiaPay: South African Fintech Startup Reshaping Payment Solutions for African Businesses

    Ghana’s Kofa Secures $8.1M Pre-Series A Funding to Drive Clean Energy Access Across Urban Africa

    Ghana’s Kofa Secures $8.1M Pre-Series A Funding to Drive Clean Energy Access Across Urban Africa

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    South Africa’s CureRoot Leverages AI to Unlock New Medicines from African Medicinal Plants

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    SA’s Peach Payments Expands into Francophone Africa with PayDunya Acquisition

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    Egypt’s Enza Secures $6.75M to Drive Financial Inclusion in Africa

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    LoftyInc Capital Secures $43 Million for First Close of New Pan-African Seed Fund

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    NjiaPay: South African Fintech Startup Reshaping Payment Solutions for African Businesses

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    Ghana’s Kofa Secures $8.1M Pre-Series A Funding to Drive Clean Energy Access Across Urban Africa

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    Kenyan Tourism Venture Studio Purple Elephant Ventures Increases Seed Round to $5 Million

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    SA’s Peach Payments Expands into Francophone Africa with PayDunya Acquisition

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    Egypt’s Enza Secures $6.75M to Drive Financial Inclusion in Africa

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    LoftyInc Capital Secures $43 Million for First Close of New Pan-African Seed Fund

    LoftyInc Capital Secures $43 Million for First Close of New Pan-African Seed Fund

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    iPhone 16 Sales Surge 20% in China, Signaling a Strong Comeback

    iPhone 16 Sales Surge 20% in China, Signaling a Strong Comeback

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13 Individuals Arrested For Alleged Cyber Fraud in Lagos’ Lekki Axis

by Eucharia Egwuma
March 3, 2021
in Lagos News
Reading Time: 2 mins read
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EFCC Re-arraigns Four Company Directors in Lagos Over N1.4trn Fraud
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13 suspected Internet fraudsters were arrested by the Economic and Financial Crimes Commission (EFCC), on Tuesday, in the Lekki area of Lagos.

The suspects include Idris Ridwan, Shonnaike Adejumobi, Afeez Kareem, Adedire David, Muodozie Patrick, Abidemi Smart, Damilare Gabriel, Foluwako David.

 Others are Adeleye Smart, Jimoh Olaitan, Olabode Thomas, Akinseye Mayowa and Macaulay Olawale.

They were arrested for their alleged involvement in cybercrime.

According to the EFCC, the suspects will be charged.

Meanwhile, Justice Oluwatoyin Taiwo of the Lagos State Special Offences Court has convicted five Internet fraudsters.

The convicts are Andre Agbai Kalu, Olaide Ibrahim Oladimeji, Michael Fatuase Makanjuola, Erekefi Omuedi and Bakare Daniel Oluwadamilare.

They were arraigned on February 18, 2021, on a separate count of possession of fraudulent documents contrary to Section 320 of the Criminal Law of Lagos State, 2015.

They pleaded guilty to the charge.

In view of their plea, the prosecuting counsel, Ahmed Yerima, reviewed the case before the court and tendered documents printed from their email accounts as well as items recovered from them.

Delivering her judgment, Justice Taiwo found them guilty of the offence and sentenced each of them to six months’ imprisonment with an option of fine of N200,000.

The court also ordered the forfeiture of a Toyota 4Runner SUV, Lexus RX 330 and mobile devices recovered from the convicts to the Federal Government.

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