EFCC explains how Nigerian banks, fintechs enabled N180bn in air ticket, crypto fraud

The Economic and Financial Crimes Commission (EFCC) has revealed how Nigerian banks and fintech companies facilitated a massive fraud worth N180 billion involving air ticket sales, investments, and cryptocurrency transactions. The commission’s spokesperson, Wilson Uwujaren, explained that hundreds of Nigerians fell victim to the scams, with N18.1 billion lost to airline ticket and investment fraud, […]