Crime
EFCC arrests wanted suspect for N2bn fraud in Lagos
Operatives of the Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, have arrested one Chike Nosa Agada, an unlicensed foreign exchange dealer, for an alleged N2bn fraud.
Agada, a 37-year old native of Udi Local Government Area of Enugu State, was declared wanted by the Commission on Wednesday, October 11, 2023, for obtaining money by false pretence and stealing by conversion to the tune of N2billion.
READ ALSO: EFCC arrests 46 suspected internet fraudsters in Calabar, Eket
He was arrested at a residence in the Bourdillon, Ikoyi area of Lagos on Monday, October 16, 2023 during a sting operation by operatives of the Commission, following credible intelligence linking him to the alleged fraud.
Upon arrest, a mobile device was recovered from him.
He will be charged to court as soon as investigations are concluded.
-
Business1 week agoJetour Nigeria, dealers take dashing, other models to Abuja Experience
-
Business4 days agoAbuja gears up for Jetour T2’s rugged-luxury experience
-
Business6 days agoDangote IPO rush crashes Bamboo login as investors flood platform
-
Business6 days agoNigeria Business Outlook: Dangote IPO, markets, inflation and naira in focus this week
-
Business4 days agoDangote: Petrol price gap fuels smuggling as Nigeria faces fresh pump price surge
-
Latest6 days agoHamzat meets Pastor Chris Oyakhilome, hails Christ Embassy’s community impact
-
Business4 days agoTinubu’s economic reforms face public confidence test as cost-of-living crisis persists
-
Business6 days agoAugust inflation faces upward pressure despite disinflation trend – Analysts