Connect with us

Crime

EFCC Arrests The Mother And Father Of ‘Wales Kingdom Capital’ Owner For N935M Ponzi Scheme, Son Wanted

Published

on

The Economic and Financial Crimes Commission (EFCC) has arrested a couple for allegedly defrauding unsuspecting victims in an N935million Ponzi scheme.

The suspects, Emmanuel and Victoria Jaiyeoba, were arrested at their residence in Ibadan, Oyo State.

They are parents to Adewale Daniel, Marketing Director, Wales Kingdom Capital Limited.

EFCC Head of Media, Wilson Uwujaren in a statement said the suspects, in complicity with their son (still at large), operate the scheme in the guise of forex trading.

Emmanuel, a Director in Wales Kingdom Capital, operates five bank accounts and had received a sum of N18,397,913 before his arrest.

The wife, Victoria, operates six bank accounts through which she received transactions to the tune of N916,607,715.

Uwujaren added that the suspects will soon be charged to court.

Crime

NDLEA arrests returning businessman for smuggling cocaine

Published

on

By

The National Drug Law Enforcement Agency has arrested a businessman identified as an ‘I Just Got Back’ returnee for attempting to smuggle cocaine into the country.

Femi Babafemi, the agency’s Director of Media and Advocacy, shared videos of the seized contraband on X.com on Sunday.

The suspect, who had just returned from a foreign trip, initially raised suspicion due to his nervous demeanour.

NDLEA officials subjected him to a routine screening, during which wraps of cocaine began to fall from his body.

The statement said: “Narco-trend update: The moment #ndlea_nigeria officers intercepted an ‘I Just Got Back’ businessman, screened him, and wraps of cocaine began to ‘rain’ from his body. Who will tell them that NDLEA will always get them no matter the mode of concealment?”

Click the link below to watch the video:

https://x.com/MobilePunch/status/1870746436486181327?t=DaTN7Qj1qhv27-sflE9p6Q&s=19
Continue Reading

Crime

Court jails ex-IMF chief Rodrigo Rato for tax fraud, corruption

Published

on

By

Court jails ex-IMF chief Rodrigo Rato for tax fraud, corruption

A Madrid court on Friday sentenced former International Monetary Fund chief Rodrigo Rato to more than four years in prison for tax crimes, money laundering and corruption.

Judges found Rato who was also a former economy minister in Spain, guilty of “three offences against the treasury, one offence of money laundering and one offence of corruption between individuals,” the court announced in a statement.

Continue Reading

Crime

Paul Pogba’s brother sentenced to prison over extortion

Published

on

By

A Paris court on Thursday sentenced the brother of France midfielder, Paul Pogba, to a three-year prison term, with two years suspended, after convicting him in a high-profile extortion case.

Mathias Pogba will be able to serve his one-year sentence with an electronic bracelet rather than behind bars.

The court also fined Pogba’s brother 20,000 euros for participating in the attempted extortion of 13 million euros ($13.5 million) from Pogba in 2022, and for putting pressure on the player, his family and his business contacts to obtain the payment.

Continue Reading

Most Read...