Tag: fraud
Tingo Group CEO charged with Fraud in the US
The US Securities and Exchange Commission (SEC) has filed charges against Dozy Mmobuosi, the CEO of the dodgy Tingo Group, which has an office in...
OPay opens accounts for customers without their consent
Fintech company, OPay, may have some explanations to do to Nigerians and the Federal Competition and Consumer Protection Commission (FCCPC) as many people are...
Visa, Mastercard set to transform payments with fraud busters
Visa’s Digital Authentication Framework (DAF) and Mastercard’s Token Authentication Framework (TAF) are set to transform the payments landscape, particularly in the area of fraud...
FTX founder jailed after revocation of bail
FTX founder and former boss, Sam Bankman-Fried is heading to jail after a judge revoked his $150 million bail package over alleged witness tampering.Judge...
FTX allegedly planned to buy private island – court documents
Bankrupt FTX Trading’s latest lawsuit against co-founder Sam Bankman-Fried and his former top executives revealed new details about the allegations of massive fraud at...
Brothers imprisoned over P2P investment firm fraud
Two brothers behind British peer-to-peer style investment platform, Collateral, have been sentenced to a combined eight years in prison for fraud and money laundering.Before...
Hajia4Reall’s Quick Angels partner faces trial for Domestic Violence
An Accra Circuit Court presided over by Justice Mrs. Christiana Effah-Donkor-Cann has ordered the CEO of Quick Angels Ghana Limited, Richard Nii Armah Quaye...
The Love Trap Through Remittances; Realm of “Free” Money!
Historically, con artists have used a variety of tactics to deceive and manipulate their victims, and this include online romance scams. The rise of...
Cross-border transfer fraud – BoG, EOCO investigate
Recent developments have brought to the forefront a series of card fraud schemes that have left unsuspecting customers grappling with unauthorized money transfers and...
Renaizance Oil MD guilty of defrauding Misyl Energy of GH₵27.9m
David Aseye Tay, Renaizance Oil MD, an unlicensed Oil Marketing Company has been found guilty and convicted for defrauding Nick Danso Adjei, Chairman of...