More
    HomemetroInternet fraud: Chinese nationals lose $222000 to FG

    Internet fraud: Chinese nationals lose $222000 to FG

    Published on

    Justice Alexander Owoeye of the Federal High Court sitting in Ikoyi, Lagos, has ordered the final forfeiture of digital assets worth $222,729.86 USDT recovered from Chinese nationals linked to cyber-terrorism and internet fraud.

    The Economic and Financial Crimes Commission disclosed this in a statement on Monday, following the court order delivered on July 21, 2025.

    The forfeited assets were recovered from members of a syndicate arrested during a December 10, 2024 raid in Lagos, codenamed the “Eagle Flush Operation.”

    According to the EFCC, the suspects, including the Chinese nationals, were part of a group of 792 individuals arrested for alleged cryptocurrency investment scams and online romance fraud.

    The commission stated, “Justice Owoeye gave the order, following an ex parte motion filed on July 18, 2025 by the EFCC, through its counsel, Zeenat Atiku.”

    Latest articles

    Armed forces remembrance: Kogi PDP chairman salutes sacrifices made by fallen heroes, heroines

      Olu Samuel The Kogi State Chairman, Peoples Democratic Party, Hon. Muhammed Sanni Gambo, has joined...

    Don outlines reason for thriving corrupt practices in Nigeria 

      Olu Samuel   The Rector ,Kogi state polythecnic, Lokoja, Professor Salisu Ogbo Usman has blamed politicization...

    Impeachment: Will prayers save Fubara?

      By Bola BOLAWOLE   Erstwhile governor of Ekiti state, Peter Ayodele Fayose, has said only prayers...

    ASUU strikes: FG, union agree new payments for lecturers

    The Federal Government of Nigeria and the Academic Staff Union of Universities (ASUU), Wednesday,...

    More like this

    Armed forces remembrance: Kogi PDP chairman salutes sacrifices made by fallen heroes, heroines

      Olu Samuel The Kogi State Chairman, Peoples Democratic Party, Hon. Muhammed Sanni Gambo, has joined...

    Don outlines reason for thriving corrupt practices in Nigeria 

      Olu Samuel   The Rector ,Kogi state polythecnic, Lokoja, Professor Salisu Ogbo Usman has blamed politicization...

    Impeachment: Will prayers save Fubara?

      By Bola BOLAWOLE   Erstwhile governor of Ekiti state, Peter Ayodele Fayose, has said only prayers...