Tag Archives: property scam

A Nigerian man has written a letter of commendation to the Economic and Financial Crimes Commission, EFCC for it’s swift and effective intervention in a messy N45 million property scam. Below is the full letter: LETTER OF COMMENDATION TO THE ECONOMIC AND FINANCIAL CRIMES COMMISSION (EFCC) I wish to express my profound gratitude to EFCC for the diligence and quick ...

Justice Sadiq Umar of FCT High Court, Maitama, Abuja, on Wednesday declined to admit as exhibit the statement made to the Economic and Financial Crimes Commission by a former Chief of Naval Staff, retired Vice Admiral Usman Jubrin. Jubrin is standing trial alongside retired Rear Admiral Bala Msheila, retired Rear Admiral Shehu Ahmadu and Harbour Bay International Limited, in an ...

Justice Mojisola Dada of an Ikeja Special Offences Court, Lagos has refused bail to two Managing Directors (MDs), Samuel Okeke of Samadores Ltd and Aqua Rock Real Estate, and Ifeanyi Ndigwe of Icon Communications Ltd over property scam. The trial Judge rejected their applications following opposition from the Economic and Financial Crimes Commission (EFCC). Okeke, Ndigwe, and the Managing Director ...

In property scam, the fraudster claims ownership of a property and after one or more transactions and negotiations, they abscond with the money; hence, leaving the victim completely broken depending on the amount of money involved – which is usually a lot. One of the banes of this type of scam is the length of time it takes to discover ...