On Thursday, Bassey Ikpi, a 39-year-old man, appeared before the Lagos State Chief Magistrate Court in Ebute-Metta. He is accused of impersonating a forex trader and defrauding numerous individuals and businesses of substantial amounts in various currencies. Ikpi faces four…
The Ilorin Zonal Command of the Economic and Financial Crimes Commission, EFCC, has secured the conviction of a 26-year-old forex trader: Kolawole Temidayo Joshua and two others for offences bordering on internet fraud. The two others are Abdullahi Isiak and…
An Ikeja Special Offences Court on Tuesday sentenced a forex trader, Shola Henry, to two years imprisonment for stealing N20 million. Justice Oluwatoyin Taiwo, in her ruling, held that crypto currency business was nothing but a Ponzi scheme. “The prosecution,…
