The Economic and Financial Crimes Commission (EFCC) has arraigned a woman in Abuja for allegedly defrauding victims of ₦240.5 million. According to the EFCC, the suspect was involved in a scheme that promised business opportunities but later turned out to be fraudulent.

During the court session, prosecutors revealed how the suspect allegedly diverted the funds for personal use, leaving investors stranded. The EFCC emphasized that the case highlights its ongoing efforts to fight economic crimes, corruption, and financial fraud across Nigeria.

The woman, however, pleaded not guilty to the charges, and the judge adjourned the case while ruling on her bail application. The trial is expected to continue in the coming weeks, as Nigerians watch closely how justice unfolds.