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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NOTORIOUS PONZI SCHEME OPERATOR,UMANAH UMANAH JAILED 20-YEARS IN UYO.(PHOTO).#PRESS RELEASE.

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Notorious Ponzi Scheme Operator, Umanah Umanah Jailed 20 Years in Uyo

The Uyo Zonal Command of the Economic and Financial Crimes Commission, EFCC, on March 8, 2022 secured the conviction and sentencing of a notorious Ponzi scheme operator, Umanah Umanah before Justice Agatha Okeke of the Federal High Court sitting in Uyo, Akwa Ibom State.
Umana’s nightmare started in 2020 when he was arrested by operatives of the EFCC following a petition by one of his victims, who alleged that Umanah swindled him of over N2.9million (Two million, Nine Hundred Thousand Naira) and subsequently issued him a N500, 000. 00 (Five hundred Thousand Naira) cheque, which was dishonored by the bank because the account was not funded.
During investigation, the Commission discovered that the defendant lured his victims through bogus promises of return on investment of up to 50% in seven days through his company, No Burn Global Limited, with a network in several states of the federation. 


 

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