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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VIETNAMESE BILLIONAIRE SENTENCED TO DEATH IN $12.5BN FRAUD CASE. (PHOTO)

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  Vietnamese property tycoon Truong My Lan, chair of Van Thinh Phat (VTP), has been sentenced to death for a multibillion-dollar fraud case involving embezzlement, bribery, and banking violations.



Lan, 67, was accused of a $12.5bn fraud, equivalent to nearly 3% of Vietnam's 2022 GDP.



She allegedly took out $44bn in loans from Saigon Commercial Bank, with $27bn possibly unrecoverable.



The high-profile trial, ending earlier than planned, shook Vietnam, as VTP was a major developer. 



Vietnamese stocks plummeted $40bn in 2022 due to corporate arrests, impacting investor confidence amid economic growth.

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