22 results
- 9 Jan 2025
Two Nigerian Nationals Convicted in U.S. for $560,000 International Romance Scam
Two Nigerian nationals, Olutayo Sunday Ogunlaja, 39, and Abel Adeyi Daramola, 37, each face up to 20 years in a United States prison after being convicted by a federal jury for orchestrating a…
- 16 Dec 2024
EFCC Arrests 193 Foreigners, 599 Others over Alleged Crypto, Romance Fraud
Economic and Financial Crimes Commission (EFCC) has said that it has arrested 792 suspects in one operation over alleged a cryptocurrency investment fraud and romance scam. Wilson Uwujaren, director,…
- 1 Feb 2024
7 Scams to Watch Out for in 2024
As technology gets more advanced, fraudsters are also getting better at deceiving and stealing from us. In 2024, scammers have some new tricks up their sleeve, such as deepfake impersonation. That is…
- 9 Jul 2026
INTERPOL-Led Global Fraud Crackdown Nets 5,811 Suspects, Intercepts $293m
A global anti-fraud operation coordinated by the International Criminal Police Organization (INTERPOL) has resulted in the arrest of 5,811 suspects and the interception of illicit assets worth 293…
- 26 Jun 2018
Nigerian, Others Arrested for Allegedly Stealing $15m from U.S. Firms
Authorities said eight people have been arrested for their alleged roles in an Africa-based cyber conspiracy that U.S. law enforcement officials say defrauded companies and citizens of millions of…
- News20 Aug 2026
How AI, Poor Governance Aid Transnational Scams —UNODC
Nigeria has emerged as one of the new destinations for transnational cybercrime syndicates relocating from Southeast Asia following intensified crackdowns by regional governments, a new report published by the United Nations Office on Drugs and Crime (UNODC), has revealed.
- 18 Mar 2022
Crypto-trading Scam Demands Thousands of Dollars in Fake “Profit Tax” to Unlock Victims’ Accounts, Sophos Finds
Sophos, a global leader in next-generation cybersecurity, has released new insight into an international cryptocurrency trading scam called CryptoRom that targets iPhone and Android users through…
- 12 Mar 2026
Ghana Nabs 93 Nigerians in Cybercrime Crackdown
Ghanaian authorities have arrested 93 Nigerian nationals over alleged involvement in internet fraud and immigration violations, as the West African nation intensifies its crackdown on cross-border…
- 17 Mar 2017
NaijaSecCon'17 To Showcase Latest Cyber Attack, Defense Mechanisms
Following the growing cyber security challenges in West Africa, Nigeria Security Conference 2017 (NaijaSecCon'17) is being convened to educate the participants on the techniques deployed by hackers.…
- 14 Mar 2017
Cybercrimes on the Increase in West Africa - Report
Trend Micro Incorporated, a global leader in cyber security solutions, in collaboration with INTERPOL, on Monday released research on cybercriminal activity in West Africa, “Cybercrime in West…
- 26 Nov 2013
Match.com Sued for $1.5Bn over “Nigerian” 419 Photos
A Florida woman has filed a $1.5 billion class-action lawsuit against online dating site Match.com, alleging the website allowed photos of her and thousands of others to be used illegally to create…
- 26 Apr 2022
Most Nigerians in our Prisons Jailed for Fraud- US
The United States Bureau of Prisons has disclosed that half the number of Nigerians in its correctional facilities had been convicted and sentenced for fraud. In response to a Freedom of Information…
- 17 Jul 2022
Nigerian-Born Tech Executives Convicted in US for Laundering $167m
Three businessmen of Nigerian descent – Anslem Oshionebo, Opeyemi Odeyale and Aleoghena Okhumale – have been convicted for money laundering in the United States. Their fate was sealed after Ping…
- 16 Dec 2018
EFCC Arrests Access Bank Staff, Yahoo Boy over Love Scam
Operatives of the Economic and Financial Crimes Commission (EFCC), Uyo zonal office have apprehended Mr Ojo Adefemi Adedoyin, a banker and Account Officer with Access Bank Plc, for allegedly…
- 3 Aug 2026
INTERPOL Report Shows AI Powers 55% of Cybercrimes in Africa Amid $484m Losses
INTERPOL’s African Cyberthreat Assessment Report 2026 revealed that Artificial intelligence accounts for 55 per cent of reported cybercrimes across Africa and making attacks faster, more…
- 21 Apr 2025
UN Says Billion-Dollar Cyberscam Industry spreading Globally
Crime syndicates have made billions scamming victims in Asia and are now expanding their operations to Africa, Europe, South America and further, according to a United Nations report on Monday. The…
- 1 Dec 2023
Sophos Anticipates AI-Based Attack Techniques, Prepares Detections
Sophos, a global leader in innovating and delivering cybersecurity as a service, has released two reports about the use of AI in cybercrime. The first report—“The Dark Side of AI: Large-Scale Scam…
- 7 Jul 2025
Secret Service Seizes $400M in Crypto, Cold Wallet among World’s Largest
US Secret Service has quietly seized nearly $400 million in digital assets over the past decade, amassing one of the world’s largest crypto cold wallets, Bloomberg reported at the weekend, citing…
- 17 Dec 2024
ESET Warns of Rising Online Scam Threat Amid EFCC's Major Fraud Bust
ESET, a global leader in digital security, has provided insights on the rising threat of online scams. In a significant operation earlier in the week, Nigeria's anti-graft agency, the Economic and…
- 1 Feb 2023
Sophos Discovers Fake Apps Found on Apple’s App Store Used by Cybercriminals for CryptoRom Schemes
Sophos, a global leader in innovating and delivering cybersecurity as a service, on Wednesday released new findings on CryptoRom scams—elaborate financial fraud schemes that prey on and trick dating…
- 4 Feb 2024
Sophos Uncovers How Criminals are Leveraging “As-a-Service" Business Model with Sha Zhu Pan Kits to Expand Cryptocurrency Fraud
Sophos, a global leader in innovating and delivering cybersecurity as a service, today revealed how sha zhu pan scammers—those conducting elaborate, romance-based cryptocurrency fraud—are leveraging…
- 12 Feb 2023
Sophos Investigates Two Active Cyberfraud Operations Cashing in on Crypto-Romance Cons
Sophos, a global leader in innovating and delivering cybersecurity as a service, on Monday released details of two expansive, still operational, pig butchering or sha zhu pan rings (elaborate and…