NIGERIAN MAKES U.S MOST WANTED LIST OVER $1M FRAUD. (PHOTO).

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 Nigerian makes US Most Wanted List over $1m fraud A Nigerian, Onoriode Ezewu, has been named on the United States Department of Labour’s first-ever Most Wanted List over allegations of money laundering involving fraudulent unemployment benefit claims worth more than $1m. The department’s Office of Inspector General unveiled the list on its website on Wednesday, naming 16 fugitives wanted in cases involving alleged fraud, identity theft, money laundering, labour trafficking and other offences. According to the agency, the cases collectively involve more than $55m allegedly stolen from American taxpayers. Ezewu’s profile on the department’s website identifies him as wanted for concealment money laundering and states that he is believed to be residing in Nigeria. “In January 2021, Ezewu was charged with 15 counts of concealment money laundering tied to fraudulent UI and Pandemic Unemployment Assistance claims filed using stolen identities, in a scheme exceeding $1 million that also t...

NIGERIAN GOVT REOPENS SAHAD STORES. (PHOTO).


 Nigerian govt reopens Sahad Stores


The Federal Competition and Consumer Protection Commission, FCCPC, has reopened the head office of Sahad Supermarket, previously sealed for customer extortion and lack of transparency in price fixing.


In a statement on Saturday in Abuja, the Acting Executive Vice Chairman of FCCPC, Dr Adamu Abdullahi, said the reopening followed a mutual understanding and commitment from the store to implement transparent pricing practices.


According to him, the commission was aware that similar practices might be happening at other Fast-Moving Consumer Goods, FMCG, outlets nationwide.


He admonished supermarkets or outlets engaging in customer extortion to desist from such practices immediately to avoid consequences.


“Businesses are expected to display transparent pricing information to empower consumers to make informed purchasing decisions, especially during challenging economic times.


“The FCCPC remains committed to combating all forms of exploitative or misleading practices that undermine consumer rights,” he said.


The commission had sealed the supermarket on Friday for customer extortion and lack of transparency in prices.

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