OBAFEMI HAMZAT LAMENTS HIGH ELECTRICITY TARIFF, SAYS HIS BILL ROSE BY 974% IN A MONTH. (PHOTO).

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 Obafemi Hamzat laments high electricity tariff, says his bill rose by 974% in a month Obafemi Hamzat, deputy governor of Lagos state, says his electricity bill inexplicably skyrocketed from N2.7 million in March to N29 million in April. Hamzat said the electricity distribution company (DisCo) also frustrated his efforts to utilise the prepaid meter he procured. Punch reports that the deputy governor spoke on Monday during a roundtable discussion between the Rural Electrification Agency (REA) and the Lagos state government in Victoria Island. Both parties were billed to sign a memorandum of understanding (MoU) for the electrification of rural communities in Lagos. Hamzat, who represented Babajide Sanwo-Olu, governor of Lagos, at the event, decried what he called ā€œcrazy billsā€ from DisCos. ā€œPeople that are trying to survive, and the common denominator for them is power. They don’t have power. There are billing challenges. In fact I’m a very good example,ā€ he said. ā€œLast month, in my...

U. S. AUTHORITIES INDICT TWO NIGERIANS IN $13M BUSINESS EMAIL COMPROMISE SCAM. (PHOTO).

 


U.S. Authorities Indict Two Nigerians In $13m Business Email Compromise Scam

 

Two Nigerian nationals have been indicted for engaging in a fraudulent business email compromise scheme targeting several Minnesota-based health care companies, announced U.S. Attorney Andrew M. Luger.


According to court documents, from October 2020 through 2024, Shodiya Babatunde, 43, and Jamui Ahmed, 31, devised and carried out a fraudulent business email compromise scheme that targeted and deceived employees of several Minnesota-based health care companies into making payments to bank accounts controlled by Babatunde, Ahmed, and their co-conspirators, rather than to the intended beneficiaries of the payments.


As part of the scheme, Babatunde and Ahmed created a fake ā€œspoofedā€ internet domain designed to appear as though it was controlled by Fairview Health. Babatunde and Ahmed also created fake email accounts designed to look as though they belonged to Fairview Health executives, including the CEO, the Executive Vice President and General Counsel, and a business analyst. Babatunde and Ahmed used the fake emails to carry out a ā€œphishingā€ scheme to fraudulently obtain names, passwords, and access to payment accounts. The defendants also used their spoofed accounts to email several other Minnesota-based health insurance companies and provide new accounts into which such payments intended for Fairview Health should be wired. Unbeknownst to the vendor companies, the new accounts were actually controlled by Babatunde and Ahmed and their co-conspirators, not Fairview Health. In total, Babatunde and Ahmed fraudulently directed more than $13 million in payments intended for Fairview Health from Minnesota-based health care companies to accounts controlled by Babatunde, Ahmed, and their co-conspirators.


Babatunde and Ahmed are citizens and residents of Nigeria. They remain fugitives from justice.


This case is the result of an investigation conducted by the FBI.


Assistant U.S. Attorney Joseph H. Thompson is prosecuting the case.


An indictment is merely an allegation and the defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

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