LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE

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 Lagos Court Jails NOGASA Chair, Fatuyi Phillips 21 Years  for N43.5m Fraud    Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Monday, November 18, 2024, convicted and sentenced Fatuyi Yemi Philips, Chairman, Natural Oil and Gas Suppliers Association of Nigeria, NOGASA, to 21 years imprisonment for N43.5m fraud.   The Lagos Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on April 5, 2022, arraigned Philips alongside his firm, Oceanview Oil and Gas Limited, on a two-count charge bordering on obtaining money by false pretence to the tune of N43, 502,000.00   Count one reads: "Fatuyi Yemi Philips and Oceanview Oil and Gas Nigeria Limited, on or about the 28th day of September, 2016 at Lagos, within the jurisdiction of this Honourable Court, with intent to defraud, obtained the aggregate sum of N43, 502,000.00 from Elochukwu Okoye and Elebana Unique Ventures Nigeria Limited on behalf of WAPCIL Nigeria Limited under the false rep
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DONATION: EFCC CAUTIONS NIGERIANS AGAINST FRAUDULENT COVID-19 ''DO-IT-YOURSELF TEST''.{PHOTO}.#PRESS RELEASE.

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     The Economic and Financial Crimes Commission, EFCC, has cautioned members of the public against emerging online fraudulent tactics, being explored by internet fraudsters in the wake of the donations arising from the dreaded COVID- 19 pandemic.
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The Acting Chairman of the EFCC, Mr Ibrahim Magu, who disclosed the development on Monday, April 6, 2020, stated that the caution has become necessary, in view of the increasing number of complaints received by the Commission from innocent Nigerians falling prey to the antics of internet fraudsters, who are taking advantage of the pandemic to defraud unsuspecting targets. .
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In the last couple of days, home-bond internet users have complained of receiving several e-mails, sms, Whatsapp messages offering free services such as "Do-It-Yourself" Covid-19 tests; subscription to either Netflix, hulu, DSTV, Government Intervention/Grant of N30, 000) and other tricky offers. .
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Some of the fraudulent schemes are coming in the form of links that offer free data or request for the Bank Verification Number, BVN, and account details of their victims, assuring that such victims will be credited with money, as part of the federal government's palliatives to cushion the effects of the running Stay At Home order. .According to Magu, many of the fraudulent online messages require recipients to click and fill out an online survey and forward same to ten (10) Whatsapp users. The statement reads in part, “The messages are embedded with malwares and other malicious codes which when clicked, trigger a program that steals and compromises mails, banking logins passwords, credit- related information and other critical data contained on the recipient’s devices."
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Magu further advised the general public to immediately take the following steps in protecting their data from theft and compromises.
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