OVER 25 MILLION PHONES STOLEN IN ONE YEAR- FG. (PHOTO).

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 Over 25 million phones stolen in one year – FG The Crime Experience and Security Perception Survey report of the National Bureau of Statistics, a Federal Government agency, shows that Nigeria recorded 25.35 million phone theft cases between May 2023 and April 2024. According to the report, this was the most common type of crime within the period under review. The report read, “The number of crimes experienced by individuals in Nigeria was analysed over a period of time. The results show that theft of phones (25,354,417) was the most common crime experienced by individuals, followed by consumer fraud (12,107,210) and assault (8,453,258). However, hijacking of cars (333,349) was the least crime experienced by individuals within the reference period.” It also noted that most phone theft cases occurred either at home or in a public place, and about 90 per cent of such cases were reported to the police. Despite the high rate of the incident being reported, only about 11.7 per cent of t...
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EFCC DOCKS FAKE BANK MD FOR N100 MILLION SCAM.{PHOTO}.#PRESS RELEASE.

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      The Economic and Financial Crimes Commission, EFCC, Port- Harcourt’s Zonal office, on June 4, 2020, arraigned a spurious managing director of a micro finance bank, Belema Abibo and Cosmopolitan micro finance Bank limited, before Justice M. L Abubakar of the Federal High Court sitting in Port Harcourt, Rivers State, on two count-charges bordering on obtaining money by false pretences to the tune of N100 million.
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The suspects were arrested when a case of obtaining by false pretences (OBT) and fraudulent diversion of funds was raised against them by a petitioner.
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According to the petitioner, sometimes in 2016, some representatives of Cosmopolitan micro finance bank approached and persuaded him to deposit funds in the bank as a fixed deposit, with a promise of monthly interest of two per cent (2%), after a tenor of 360 days.
The petitioner alleged that he deposited and fixed the sum of One Hundred Million Naira (N100,000,000.00) in the bank, and upon maturity, the bank refused to refund neither the capital nor the accrued interest, to him, adding that the bank representatives suddenly became elusive.
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