$6m Internet fraud: Controversy trails suspension of money transfer to Nigeria


Over the arrest of Nigerians involvement in $6 million internet scammers in US, controversy has continued to trail money transfer from diaspora, most especially from Western Union and MoneyGram.

During the weekend, Nigerian NewsDirect gathered that speculations continued to trail remittance from State like Texas with the highest Nigerian-born population.

.It was alleged by the USA federal government that Nigerians were involved in illegal activities that led to the fraudulent transfer of at least $6 million with an overall conspiracy involving an attempted theft of at least an additional $40 million.

Nigerian NewsDirect can report that, both Western Union and MoneyGram are yet to release any official statement to that regards.

Speaking with our correspondent, the president, Association of Bureaux De Change Operators of Nigeria (ABCON), Alhaji (Dr.) Aminu Gwadabe, said remittance companies from US have not release official information concerning the ban, stressing that both contribute less to total remittances coming to Nigeria.

According to him, “Although.both Western Union and MoneyGram contribute not a bigger percentage of the total remittances coming to Nigeria.

“However, it is not unlikely that international money transfer operators might enhance their Know your customer (KYC) status and means of identification of their clients owing to some recent developments in the US.”

The authorities said each of the 80 suspects is charged with conspiracy to commit fraud, conspiracy to launder money, and aggravated identity theft.