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

    INEC under pressure to deregister ADC, LP, others – Igbokwe

    Chairman, Board of Trustees of the National Forum of Former Legislators, Raphael Igbokwe, says...

    Peter Akpe Sworn in as Bayelsa State Deputy Governor

    Dr. Peter Akpe has been sworn in as the sixth Deputy Governor of Bayelsa State, assuming office...

    Peter Obi’s kinsmen condemn attack on presidential hopeful, call for investigation

    Youths of Agulu community in Anaocha Local Government Area of Anambra State under the...

    Nigerian airline bars use of power banks onboard aircraft

    United Nigeria Airlines has issued a safety advisory directing passengers to carry power banks...

    More like this

    INEC under pressure to deregister ADC, LP, others – Igbokwe

    Chairman, Board of Trustees of the National Forum of Former Legislators, Raphael Igbokwe, says...

    Peter Akpe Sworn in as Bayelsa State Deputy Governor

    Dr. Peter Akpe has been sworn in as the sixth Deputy Governor of Bayelsa State, assuming office...

    Peter Obi’s kinsmen condemn attack on presidential hopeful, call for investigation

    Youths of Agulu community in Anaocha Local Government Area of Anambra State under the...