• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
    • Government
  • Security
  • Features
  • State
  • Event
    • PR Nigeria Award
  • E-Paper
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
    • NAHCON

      Renewed Hope in Hajj Operations: NAHCON Records Milestone Achievements Under Tinubu…

      Mohammed Idris Malagi, Honorable Minister of Information and National Orientation

      FG Reaffirms Non-Interference in ICPC, EFCC Operations

      ICPC Secures Conviction of Rector for Running Unaccredited Degree Programmes

      Engr Abba Babagana Dalori

      Engr Dalori Forfeits Galaxy Hospital, Petrol Station, Properties & Cash

      Chinese nationals jailed in Lagos

      Court Jails Nine Chinese Nationals for Cybercrime in Lagos

  • Fact-Check
  • Economy
    • Dangote Refinery Deploys 4,000 CNG Trucks, Promises 24,000 Jobs as Fuel…

      Renewed Hope in Central Banking

      Book Review: Renewed Hope in Central Banking – A Blueprint for…

      NAHCON

      Renewed Hope in Hajj Operations: NAHCON Records Milestone Achievements Under Tinubu…

      NUPENG

      NUPENG Suspends Strike After Truce With FG, Labour, Oil Stakeholders

      Customs, Defence Bureau Unveil Airboat for Smuggling War

  • National
    • Prof Isa Pantami, former Minister of Communication and Digital Economy

      Gombe Tech Training: Pantami’s Call for a Paradigm Shift By Muhd…

      Dangote Refinery Deploys 4,000 CNG Trucks, Promises 24,000 Jobs as Fuel…

      Nnamdi Kanu of IPOB arrested by Nigerian security services

      Court Rejects Nnamdi Kanu’s Request for Transfer to National Hospital

      Troops Repel Bandit Ambush in Katsina as Four Farmers Abducted in…

      Military Troops during operations

      Troops Recover Arms in Plateau, Intercept Drug-Laden Vehicle in Taraba

    • Government
      • HCSF, Didi Esther Walson-Jack

        Federal Govt Moves to Fill 5 Permanent Secretary Positions

        Commissioner of Police, CP Ibrahim Adamu Bakori, and Chief Medical Director of AKTH, Prof. A. Abba Sheshe, and the Managing Director/Chief Executive Officer of KEDCO, Dr. Abubakar Shuaibu Jimeta

        Power Outage: Police Broker Peace Between AKTH, DisCos in Kano

        Nnamdi Kanu of IPOB arrested by Nigerian security services

        Court Rejects Nnamdi Kanu’s Request for Transfer to National Hospital

        Doctors

        Resident Doctors Commences Indefinite Strike in FCT

        Diplomacy and Digital Innovation – Youth Insight

        Book Review: Reshaping Diplomacy Through Digital Innovation – A Gen-Z Outlook…

  • Security
    • Troops Eliminate 2 ISWAP Senior Commanders, Other Terrorists in Borno

      SP Abimbola Adebisi

      IGP Appoints SP Adebisi as Lagos Police PRO

      Nnamdi Kanu of IPOB arrested by Nigerian security services

      Court Rejects Nnamdi Kanu’s Request for Transfer to National Hospital

      Troops Foil Multiple Terrorist Attacks, Rescue Kidnap Victims in Zamfara, Kebbi,…

      Troops Repel Bandit Ambush in Katsina as Four Farmers Abducted in…

  • Features
    • Prof Isa Pantami, former Minister of Communication and Digital Economy

      Gombe Tech Training: Pantami’s Call for a Paradigm Shift By Muhd…

      Healing Nigeria: A Chronicle of Health Reforms

      Book Review: Is This the Cure? A Look into Healing Nigeria…

      Diplomacy and Digital Innovation – Youth Insight

      Book Review: Reshaping Diplomacy Through Digital Innovation – A Gen-Z Outlook…

      Renewed Hope in Central Banking

      Book Review: Renewed Hope in Central Banking – A Blueprint for…

      Charlie Kirk

      Who Really Killed Charlie Kirk? By Femi Fani-Kayode

  • State
    • Prof Isa Pantami, former Minister of Communication and Digital Economy

      Gombe Tech Training: Pantami’s Call for a Paradigm Shift By Muhd…

      Troops Eliminate 2 ISWAP Senior Commanders, Other Terrorists in Borno

      Commissioner of Police, CP Ibrahim Adamu Bakori, and Chief Medical Director of AKTH, Prof. A. Abba Sheshe, and the Managing Director/Chief Executive Officer of KEDCO, Dr. Abubakar Shuaibu Jimeta

      Power Outage: Police Broker Peace Between AKTH, DisCos in Kano

      SP Abimbola Adebisi

      IGP Appoints SP Adebisi as Lagos Police PRO

      Abubakar Tafawa Balewa University (ATBU) Bauchi

      Bauchi Forum Condemns ATBU’s Plan to Close Faculties

  • Event
    • Prof. Abubakar Mu’azu

      UNIMAID appoints Prof. Mu’azu as Pioneer Dean, Faculty of Communication

      NIPR President Ike Neliaku

      NIPR Inducts 422 New Members, Urges Commitment to National Unity

      Baze University Management visits TETFUND, Showcases Tech-Driven Growth, National Impact

      PHOTOS: BUK Alumni Association Launches Digital Hub to Unite Global Graduates,…

      Founder Image Merchant Promotion Ltd, Yushau Shuaib, Nigeria Customs CG, CGC Bashir Adewale Adeniyi and the IPRA representative during the 2024 GWA awards in Belgrade, Serbia

      Again, ​IPRA Shortlists Nigeria Customs, IMPR for Golden World Awards, Celebrates…

    • PR Nigeria Award
  • E-Paper
Home Anti-Corruption EFCC Recover N60mn Wristwatches from Mompha- Magu
  • Anti-Corruption

EFCC Recover N60mn Wristwatches from Mompha- Magu

By
Ibrahim Magu
-
November 1, 2019
Ibrahim Magu of EFCC
Ibrahim Magu of EFCC

EFCC Recover N60mn Wristwatches from Mompha- Magu
(Remarks By Acting Chairman, EFCC, Ibrahim Magu, At Interactive Session with Stakeholders)

The EFCC was created due largely to the negative effect of the activities of fraudsters, especially a advance fee fraudsters, on the economy and image of our Nigeria. While the Commission was successful in tackling advance fee fraud, other forms of fraudulent activities have emerged, promoted by advances in telecommunications, with even greater impact on the economy and image of Nigeria.

· Many youths are involved in Internet fraud of different types, most often targeting foreigners, especially women, whom they defraud of large sums of money.

· The EFCC has been unrelenting in its effort to check the activities of these fraudsters, who, I must say, represent a tiny fraction of the population of our country.

· Following the complaints from some foreign countries, the Commission has had to undertake special collaboration with other law enforcement organizations, to check these crimes. Recently, the Commission and the US Federal Bureau of Investigation, FBI concluded a joint operations code named, Operation Rewired.

· The exercise was meant to dismantle the network of organised criminal gang that specialize in Business Email Compromise schemes, designed to intercept and hijack wire transfers from businesses and individuals.

· The operation resulted in the seizure of nearly $2.4 million, and the disruption and recovery of approximately $14 million in fraudulent wire transfers.

· Also worthy of mention is the Operation Triangle, which saw Italian police and EFCC working closely to dismantle a trans-national criminal group operating in all the 5 continents.

EFCC in close cooperation with the Italian National Police as well as Spanish, Polish, English, Belgian, Georgian, Turkish and Cameroonian police, with the support of Europol and Interpol, and the coordination of Eurojust, carried out extensive investigations which resulted in the arrest of 62 individuals, seizure of 40 Thousand Euros, 30 smart phones, 10 tablets and 15 personal computers.

· Some of the Nigerians mentioned in the infamous FBI list of cyber fraudsters have been tracked, arrested and are being prosecuted in courts across the country by the Commission.

· But more fundamental than these international collaborations is the sustained effort of the Commission to comprehensively tackle the menace of Internet related frauds in Nigeria. I am happy to report that we are recording series of breakthroughs with almost daily arrests of suspected fraudsters across the country

Read Also:

  • Federal Govt Moves to Fill 5 Permanent Secretary Positions
  • Gombe Tech Training: Pantami’s Call for a Paradigm Shift By Muhd El-Bonga Ibraheem
  • Troops Eliminate 2 ISWAP Senior Commanders, Other Terrorists in Borno

· In October alone, the Commission recorded over 200 arrests of suspected Internet fraud suspects in carefully coordinated operations across our offices. However the major talking point for us, was the recent arrest of celebrated social media personality and alleged internet fraudster, Ismaila Mustapha, also known as Mompha and his Lebanese accomplice, Hamza Koudeih.

· They were picked up in Abuja and Lagos respectively, through credible intelligence which flagged the suspects as kingpins of Organized Cyber Syndicate Network, OCSN.

· Five wristwatches valued at over N60million were recovered from Mompha, at the point of arrest. Investigation has also revealed that he operates 51 bank accounts in Nigeria with which he acquired properties in Dubai and had laundered about N14billion through Ismalob Global Investments Limited. His accomplice, Koudeih, also has two firms namely: THK Services Limited and CHK properties Limited with which he has allegedly laundered about N19billion.

Koudeih lives in a $5million per annum suite at the Eko Atlantic Pearl Tower, Victoria Island Lagos.

· These arrests have further confirmed our commitment to the fight against corruption and economic crime and send a clear message to high end fraudsters that they can only run but cannot hide. Sooner than later, we will get them.

· The effort to flush out all fraudsters continues. At the same time, we will sustain the tempo of vigorous prosecution of fraud cases in court. Indeed, fraudsters account for a huge percent of the 890 convictions that has been recorded by the Commission, this year. A number of assets have been seized while victims have also enjoyed restitution by order of court.
· But the battle is far from being won. The Commission requires the support of all stakeholders, especially the media, to help in sensitizing the youth who are the ones mostly involved in cyber crime, about the evil of Internet frauds on our economy and collective national image.
· The youth must learn the virtues of integrity and hard worth as the path to sustainable wealth. They must realize that crime does not pay. Rather it will destroy their prospects and ruin their chances of decent living.
· For those who are remorseful, and prepared to turn a new leaf, the Commission is fully disposed to help in channelling their energies and cyber skills to positive venture. We are considering a policy that will help in the rehabilitation of convicted but repentant Internet fraudsters, to ensure that their skills are positively applied, in helping to build a better Nigerian society.
· I urge you all to join us in fighting cyber crime and other forms of corruption. We need to change the negative narratives about Nigeria being a haven of fraudsters.
· Once again, I thank you for your presence and support.

Ibrahim Magu
Ag. Chair EFCC

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • efcc
  • Koudeih
  • Mompha
Previous articlePension: BPSR advocates regulatory policy to avert poverty after retirement
Next articleFinance Ministry trains Staff on Capacity Building
Ibrahim Magu
Ibrahim Magu
https://prnigeria.com
PRNigeria is the pioneer Press Release Distribution agency in Nigeria. A member of image Merchant Promotions limited, PRNigeria encourages individuals and organisations to be more transparent in their information management. with dedicated Editorial staffs, the PRNigeria ensures that information provided on its platforms are timely, factual and authoritative Read more at: //prnigeria.com/about/
Facebook Twitter

RELATED ARTICLESMORE FROM AUTHOR

NAHCON

Renewed Hope in Hajj Operations: NAHCON Records Milestone Achievements Under Tinubu Administration

Professor Isa Ali Ibrahim Pantami and Nafisa Abdullah Aminu

Global Winner Nafisa Visits Professor Isa Pantami

Omoyele Sowore, Bayo Ononuga and Adeola Ajayi

Sowore’s Provocation, Onanuga’s Plea and the DSS Overreach

Police Nab ‘Obi of Lagos,’ Foil ₦1.5 Billion New Palace Fraud

FACT-CHECK: Did Governor Uba Sani describe El-Rufai as “Godsent” who assisted him with various needs, including property acquisitions and even against Peter Obi?

The Arrest of Ansaru Kingpins Mahmud Muhammad Usman aka Abu Bara’a, and Mahmud al-Nigeri aka Mallam Mamuda

DSS Secures 15-Year Jail Term for Ansaru Leader Over Illegal Mining

Mrs Diiarau Didi Esther Walson-Jack OON mni, SEC 30, 2008, the new Head of the Civil Service of the Federation

Personnel Audit to End Guesswork in Civil Service Reforms – Walson-Jack

Nigerian Army Rescues Abducted Major in Delta State

AFIT graduates

AFIT Produces 302 New Personnel to Boost Air Force Technical Capacity

Brig Gen Mohamed Buba Marwa (rtd)

Marwa: The Tormentor of Untouchable Drug Lords By Yushau A. Shuaib

Customs Recruitment: 286,697 Applicants to Sit for Online Test

Senator Shehu Umar Buba

Northern Youth Coalition Defends Senator Buba, Condemns Smear Campaigns

Recent Posts

  • Federal Govt Moves to Fill 5 Permanent Secretary Positions
  • Gombe Tech Training: Pantami’s Call for a Paradigm Shift By Muhd El-Bonga Ibraheem
  • Troops Eliminate 2 ISWAP Senior Commanders, Other Terrorists in Borno
  • Dangote Refinery Deploys 4,000 CNG Trucks, Promises 24,000 Jobs as Fuel Queues End
  • Power Outage: Police Broker Peace Between AKTH, DisCos in Kano
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Federal Govt Moves to Fill 5 Permanent Secretary PositionsGombe Tech Training: Pantami’s Call for a Paradigm Shift By Muhd El-Bonga IbraheemTroops Eliminate 2 ISWAP Senior Commanders, Other Terrorists in BornoDangote Refinery Deploys 4,000 CNG Trucks, Promises 24,000 Jobs as Fuel Queues EndPower Outage: Police Broker Peace Between AKTH, DisCos in KanoIGP Appoints SP Adebisi as Lagos Police PROBauchi Forum Condemns ATBU's Plan to Close FacultiesCourt Rejects Nnamdi Kanu’s Request for Transfer to National HospitalResident Doctors Commences Indefinite Strike in FCTTroops Foil Multiple Terrorist Attacks, Rescue Kidnap Victims in Zamfara, Kebbi, KatsinaTroops Repel Bandit Ambush in Katsina as Four Farmers Abducted in ZamfaraTroops Recover Arms in Plateau, Intercept Drug-Laden Vehicle in TarabaBook Review: Is This the Cure? A Look into Healing Nigeria By Hanniel NobohBook Review: Reshaping Diplomacy Through Digital Innovation – A Gen-Z Outlook By Bilkisu Ahmed ShekarauBook Review: Renewed Hope in Central Banking – A Blueprint for Nigeria’s Economic Future By Khadijah Lawan Muhammad
X whatsapp