Tag : Fraud
Theranos founder Elizabeth Holmes jailed for fraud
Theranos founder Elizabeth Holmes has been sentenced to over 11 years in prison for defrauding investors in her blood testing start-up that was once valued...
EFCC arrests 2 suspected currency counterfeiters in Abuja
The Economic and Financial Crimes Commission (EFCC) has arrested two suspected currency counterfeiters, Johnson Olumoyegun and Tanko Abubakar, in Abuja. The two men were arrested...
Nigerian man arrested in Cambodia for fraud
A 37-year-old Nigerian man, Kel Chi has been arrested in Phnom Penh, the Cambodian capital, for allegedly defrauding a woman of $5,000 on Facebook. The...
Billionaire jailed for 13 years in China
A Chinese-Canadian billionaire has been sentenced to 13 years in prison in China and his company fined more than $8bn (£6.7bn). Xiao Jianhua and his...
US court postpones sentencing of Hushpuppi
Judge Otis Wright of a United States Central District Court in California has postponed the sentencing of Nigerian fraudster Ramon Abass known as Hushpuppi to...