Cybercrime on the rise: 78 Nigerians implicated in business email scam and money laundering schemes
25 August 2019 |
3:45 pm
The United States Department of Justice (USDJ) has accused 80 individuals, including 78 Nigerians, of involvement in a business email scam and money laundering scheme to the tune of 3 billion dollars since 2015. To discuss the growing concerns around cybercrime and the implication for Nigeria’s image on the global scene, Ifure Udofa, Associate Counsel of Corporate and Commercial Practice Group at A02 Law joins CNBC Africa for more.
Related
4 days ago
The European Commission is outlining a set of measures that would allow EU member states to keep fuel and electricity prices low.
1 day ago
Waves hit the beach and workers place wood across the windows of restaurants to prevent damage as tropical storm Pamela bears down on Mexico's Pacific coast.
1 day ago
Europe will need to negotiate new contracts with Russian oil giant Gazprom if it wants to receive more natural gas deliveries, the Kremlin said.
2 days ago
Nigeria's dependence on crude oil makes its economy vulnerable. But the transition to an economy not based on oil won't be easy.
4 days ago
India invested heavily in Afghanistan's development projects after the 2001 US invasion of the country. It is unclear what impact the Taliban's return to power will have on these projects.
4 days ago
Officials are scrambling to help clear supply chain backlogs, with two of the US's largest ports operating 24 hours per day as traffic jams of container ships wait offshore. Also, the IMF unveils a new mechanism for rich countries to lend or donate to poor nations, and Hollywood braces for the biggest crew strike since the 1940s.
3 days ago
Turkish President Recep Tayyip Erdogan had fired three central bankers via decree. Turkey's currency has lost a fifth of its value against the US dollar this year.
3 days ago
Migrants and asylum-seekers in eastern Poland say they have been illegally pushed back to neighboring Belarus multiple times without due asylum process. DW reports on the humanitarian crisis from the border region.
2 days ago
Hundreds of truck drivers wait for dozens of ships to unload their containers in California as the White House announces that it will now work 24 hours a day in an attempt clear the backlog.
1 day ago
US real estate scion Robert Durst was sentenced Thursday to life in prison with no possibility of parole for the killing of his best friend.
3 days ago
The family of former South African President Nelson Mandela is putting roughly 100 of his belongings up for auction to help fund a memorial garden in his honor, including some of his iconic shirts. It's the trademark clothing of an iconic leader and now Nelson Mandela's exuberant shirts are among around 100 of his possessions being put up for auction.
3 days ago
Taiwanese residents voice anguish and outrage after 46 people perished in an inferno that tore through a dilapidated housing block, as investigators searched for what sparked the island's deadliest fire in decades.
Latest
1 day ago
The two leaders discussed the pandemic, climate change and human rights during a video call. Xi Jinping reportedly called Merkel a "friend of the Chinese people."
1 day ago
The ex-apartheid fighters locked the ministers in a hotel room after failed talks over a compensation deal. Police arrested a total of 56 people after the incident.
1 day ago
Police said the man suspected of killing five with a bow and arrow in Norway was a recent convert to Islam who had previously come to the attention of security services.
1 day ago
At an age when most teenagers are busy learning the latest Tik Tok dance craze, banjo virtuoso Nora Brown has just released her second album of old-time twang. When her parents gifted her a ukulele for Christmas at age six they never envisioned she would grow into one of the bluegrass world's rising stars. The now 16-year-old raised in Brooklyn is among the musicians carrying on traditions from the mountains of Appalachia passed down from the genre's old masters.
1 day ago
Queen Elizabeth II takes aim at world leaders who "talk" but "don't do" enough about climate change, in an apparent jibe at those not attending the upcoming COP26 summit. The 95-year-old monarch is overheard making the remarks as she opened the Welsh Assembly in Cardiff.
1 day ago
We head to northern Mali, where French forces are preparing to close a base used by the Barkhane force as France decides to reduce its presence in the country. Also, Botswana's court of appeal starts hearing a government attempt to overturn a landmark ruling that decriminalised homosexuality in 2019. And Cape Verde gears up for elections, with the revival of the tourism industry a key campaign issue.