Tag: 419

Sokoto: Former Senator arraigned for alleged N419m scam

Aminu Imam

A former Senator has been arraigned before Justice Mohammed Mohammed, of the Sokoto State High Court yesterday for an alleged financial scam. Senator Argungu, who represented Kebbi-North in the 6th Senate, was arraigned by the Economic and Financial Crimes Commission, EFCC, on one count charge of criminal misappropriation of public funds to the tune of N419, 744, 612. 30. The former Senator was alleged to have diverted the said sum which was paid by the Sokoto State government as 40percent equity stake in Hijrah Investment Nigeria Limited, owners of Hijrah…

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Fraudster narrates how he can steal ‘untraceable money’ with any stolen SIM

Aminu Imam

An identified internet fraudster, in a video which has gone viral, has narrated how he and other criminals transfer people’s money using the Bank verification Number, (BVN) on stolen Subscriber Identification Module, (SIM) cards to an untraceable account. The young man, roughly in his late twenties, stated that he is an Internet fraudster and revealed how he uses bank codes on SIM cards to transfer people’s funds and sometimes take loans from the person’s account and transfer it to an untraceable account. Narrating the technique he uses to perpetuate his…

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