Stella Dimoko Korkus.com: EFCC Rearrests Mastermind Behind Cryptocurrency Investment Fraud

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Friday, March 21, 2025

EFCC Rearrests Mastermind Behind Cryptocurrency Investment Fraud

The Economic and Financial Crimes Commission (EFCC) has rearrested Friday Audu, who is accused of masterminding a massive cryptocurrency investment fraud and romance scam. 


This operation reportedly involved 193 foreigners and numerous Nigerians, with allegations of fraud amounting to ₦3.4 billion. Audu was initially granted bail by the Federal High Court in Lagos but was rearrested shortly after stepping out of the courthouse.
The case also implicates two Chinese nationals and a company, Genting International Ltd, in a 12-count charge of cybercrime and financial fraud. The EFCC alleges that the syndicate recruited young Nigerians to pose as foreigners online, orchestrating a network of digital deception to defraud individuals and institutions worldwide.

1 comment:

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    ReplyDelete

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