Crypto Scam: FTX Founder Arrested in Bahamas
In the quest to restore sanity into the crypto community and ensure that a scammer is not pampered, the Bahamian authorities have arrested Sam Bankman-Fried after U. S. law enforcement filed charges against the former crypto billionaire.
Bahamas Attorney General Ryan Pinder said that the United States had filed unspecified criminal charges against Bankman-Fried and was "likely to request his extradition."
Bankman-Fried was expected to testify before the House Financial Services Committee tomorrow, but said he will not appear. His arrest is the first concrete move by regulators to hold individuals accountable for the multi-billion dollar implosion of FTX last month.
Last month, FTX and its affiliates filed for bankruptcy and Bankman-Fried stepped down from his role as CEO. The crypto trading firm imploded in spectacular fashion following a run on assets similar to a bank run.
Face Mask Scam Worth £500,000 Traced To Nigeria By INTERPOL
A face mask scam totaling over £500,000 has been traced to Nigeria by The International Criminal Police Organisation, popularly called Interpol.The organisation made this known in a statement on its website titled, ‘Unmasked: International COVID-19 fraud exposed’.According to the statement, the scheme was coordinated using compromised emails, advance-payment fraud, and money laundering.It stated that the fraud was uncovered by financial institutions and authorities...
US Arraigns 11 Nigerians Over $6 Million Scam
Just last weekend the FBI announced that six Nigerians are being wanted concerning fraud related activities, of which the FBi released 76 names. However, another 11 Nigerians have been arraigned over another $6 million alleged bank fraud.This was made known in a statement by the US Attorney’s Office, District of New Jersey, while the names of the alleged fraudster goes thus:1 Sulaiman Dosunmu, 39; 2. Tunde Adeowo, 40; 3. Muritala Adeowo, 55; 4. Ayanniyi Alayande, 4...
2 Nigeria Nationals Arrested in Cocaine Buy-Burst
It was an embarrassing moment for two Nigeria National in Philippines as the Government anti-narcotics operatives seized at least P6.2 million worth of heroin in a buy-bust operation at a shopping mall in Imus City, Cavite, in the Philippines.Police Region 4A identified the suspects as Enuka John Chukwuemeka and Christopher Nwabufo, both residents of Golden Acres Village, Las Piñas City.Police said the suspects were arrested on Wednesday, September 13, 2023, after t...
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