Sentences with phrase «financial fraud crimes»
Identity theft is basically a new classification of white - collar financial fraud crimes that normally involve accessing another person's bank account, or using other financial information, without permission.
https://kostlaw.com/ Not exact matches
Manafort and his longtime business associate Rick Gates were indicted last week on charges related to alleged financial crimes that include money laundering and tax fraud.
Health care fraud is one of the most devastating financial crimes, siphoning billions of dollars from insurance companies and patients who spend a staggering 2.5 trillion dollars each year on health care.
Gates» decision comes just a day after Mueller leveled 32 new charges against Gates and former Trump campaign chairman Paul Manafort in a superseding indictment, accusing them of financial crimes related to tax and bank fraud.
Despite acrimonious relations between Russia and the United States in recent years, experts on cyber security in both countries say their law enforcement agencies and private firms had been working together more closely behind the scenes to fight financial fraud and other crimes committed online.
This data science also helps strengthen risk management in areas such as fraud detection, financial crime compliance, and stress - testing.
In the U.S., romance frauds account for the highest financial losses of all internet - facilitated crimes, the FBI reports.
He is an experienced forensic analyst who has investigated fraud, corruption and financial crime in both the government and private sectors.
They were also accused of failing to appropriately disclose their foreign work and foreign assets, and of committing tax, financial, and bank fraud crimes, some of which took place as recently as last year.
According to the Center for the Study of Global Christianity at Gordon - Conwell Theological Seminary who published the Status of Global Mission, the numbers were $ 35 billion in fraud in 2012 and $ 23 billion given to global foreign missions, with financial crime at churches estimated to hit $ 60 billion in 2025 if the same trends continue.
He currently serves as a Director at Aquilan Technologies, where he develops and implements financial crimes risk - management solutions for the financial services industry to undermine fraud, insider trading and terrorist funding.
A former deputy governor of Osun state and a key chieftain of the People's Democratic Party, PDP, Iyiola Omisore, has accused the Economic and Financial Crimes Commission (EFCC) of blackmail over allegation of fraud being leveled against him.
Mohammed ordered his remand shortly after The Economic and Financial Crimes Commission arraigned Fintiri on a five - count charge of money laundering and fraud.
The Chairman, Economic and Financial Crimes Commission, Ibrahim Lamorde, would on Tuesday appear before the Senate committee on Ethics, Privileges and Public Petitions to answer questions on allegations of fraud preferred against him.
The Economic and Financial Crimes Commission, EFCC has on Tuesday arraigned a former Director - General of the National Broadcasting Commission, NBC, Emeka Mba alongside three others before Justice Gabriel Kolawole of the Federal High Court sitting in Maitama, Abuja on a 15 - count charge of money laundering and procurement fraud to the tune of N2.8 billion.
The Economic and Financial Crimes Commission, EFCC, on Thursday, May 17, 2018, arraigned one Yohana Margif, a suspected serial fraudster, before Justice C. O. Agbaza of the Federal Capital Territory High Court, sitting in Jabi, Abuja, on a 7 - count charge of conspiracy, forgery and fraud.
The former pension boss was declared wanted by Economic and Financial Crimes Commission, EFCC, for an alleged N2bn pension's biometric fraud in November 2015
Luck has run out for the Managing Director of one of Nigeria's major airlines First Nation Mr. Kayode Odukoya as the Economic and Financial Crimes Commission, EFCC, on Friday, March 16, arraigned him over fraud.
It will be recalled that the Economic and Financial Crimes Commission, EFCC, had dragged Shell, Eni, former Petroleum Minister, Dan Etete, Mohammed Adoke, former attorney - general, and a businessman, Aliyu Abubakar, before the court over alleged fraud.
Orji made the revelation during the trial of Akpobolokemi and five others on a 13 - count of stealing and fraud proffered against them by the Economic and Financial Crimes Commission.
The Economic and Financial Crimes Commission on Tuesday commenced afresh, for the fifth time, the trial of a former Managing Director of the defunct Bank PHB Plc, Francis Atuche, accused of N125bn banking fraud.
Justice Buba had on January 14 issued a bench warrant against Tompolo and ordered his arrest for failing to honour a court summons dated January 12 in respect of a 40 - count of alleged N34bn fraud levelled against him and nine others by the Economic and Financial Crimes Commission.
The Economic and Financial Crimes Commission on Monday re-arraigned a former governor of Adamawa State, Murtala Nyako, his son, Senator Abdulaziz Nyako, along with others before a Federal High Court in Abuja over alleged N40bn fraud.
The Economic and Financial Crimes Commission is prosecuting Dudafa and a banker, Joseph Iwuejo, on 23 counts of alleged N5.1 bn fraud.
Governor Ayodele Fayose of Ekiti State, on Friday, challenged President Muhammadu Buhari to direct the Economic and Financial Crimes Commission (EFCC) to charge the Peoples Democratic Party (PDP) National Publicity Secretary, Chief Olisa Metuh to court if the commission was sure of evidences of fraud against him, saying «the EFCC appears to be operating a system in which an accused person is first arrested, detained endlessly while the anti-corruption agency goes about looking for evidence.»
It is linked to financial problems such as debt and bankruptcy, divorce, lost productivity, crime (such as theft and fraud), depression and suicide.
Nwobodo was recently fingered in the Arms deal fraud, currently being investigated by the Economic and Financial Crimes Commission (EFCC).
(EFCC Press release) The Economic and Financial Crimes Commission, EFCC, on Tuesday, April 25, 2017 arraigned the immediate past Governor of Niger State, Babangida Aliyu, and the 2015 governorship candidate of the Peoples Democratic Party in the state, Umar Nasko, before Justice Aliyu Maiyaki of the Federal High Court sitting in Minna, Niger State on a 6 - count charge of fraud to the tune of N3billion.
His other major financial - crime victories include snaring a record $ 1.2 billion penalty from Steven Cohen's firm, SAC Capital Advisors, which pleaded guilty to insider - trading violations in November 2013; and nailing technology - research analyst John Kinnucan, who pleaded guilty to securities - fraud charges in July 2012.
«All facts available indicates that the loan is blatant fraud, and gross man's inhumanity to man; we therefore call on the Central Bank of Nigeria and Economic and Financial Crimes Commission, EFCC, to stop the government from accessing the loan facility.
The absence of a witness of the Economic and Financial Crimes Commission (EFCC) on Monday stalled the N1.7 billion fraud trial of Kayode Odukoya, the Managing Director of FirstNation Airline.
The Economic and Financial Crimes Commission on Thursday arraigned one Mr. Adegbite Adetoye and Ponnle Abiodun along with Origin Oil and Gas Limited before Justice Silvanus Orji of the FCT High Court Apo, Abuja on 11 charges bordering on fraud and abuse of Petroleum Support Fund to the tune of N735m.
Following the disclosure by the Central Bank of Nigeria (CBN), that financial institutions and related industries losses to electronic fraud activities have grown to a staggering N400billion, Inspector General of Police, Solomon Arase has directed the immediate setting up of a «Dedicated Payment and Card Crime Unit in the Nigeria Police Force to tackle the menace.
These storage devices often contain the critical evidence that law enforcement needs to investigate and prosecute a wide variety of crimes, ranging from financial fraud to child pornography to counter-terrorism cases.
The United States Federal Bureau of Investigation, FBI, has commended the Economic and Financial Crimes Commission, EFCC, for its dedication and support in bursting a high profile Business E-mail Compromise, BEC, fraud in Dallas, Texas, which led to the arrest and eventual of a Nigerian, Amechi Colvis Amuegbunam.
A Federal Capital Territory, High Court sitting in Gudu, Abuja has ordered the Economic and Financial Crimes Commission, EFCC, to remand into prison custody pending the determination of a bail application by the Ex - FCT minister Bala Mohammed who has been arraigned over a 6 - count charge bordering on abuse of office, false declaration of assets and fraud to the tune of N864million.
The on going trial of a former Head of Service, HoS, Stephen Oronsaye, who is being prosecuted by the Economic and Financial Crimes Commission, EFCC, for a N2 billion fraud to November 25, 2015 has been adjourned by Justice Gabriel Kolawole of the Federal High Court, Abuja.
The Economic and Financial Crimes Commission on Tuesday narrated to the Federal High Court in Lagos how it apprehended the alleged kingpin of a fraud syndicate which specialised in duping Bureau De Change operators in the country.
The Economic and Financial Crimes Commission has charged automobile firm, Innoson, its Chief Executive Officer, Dr. Innocent Chukwuma, and his brother, Charles, for alleged theft and fraud.
The Economic and Financial Crimes Commission says it has arrested four dropouts for suspected Internet fraud.
The Economic and Financial Crimes Commission has arraigned one Dairo Seun before for a N11.3 m fraud.
A judge of Federal High Court in Abuja has lampooned the Economic and Financial Crimes Commission over an alleged shoddy handling of a fraud case before him.
The Economic and Financial Crimes Commission on Monday re-arraigned a former Minister of Aviation, Chief Femi Fani - Kayode, for an alleged fraud of N4.9 bn.
Tompolo, who is wanted by the Economic and Financial Crimes Commission for an alleged N49.5 bn fraud, sued the Federal Government through his lawyer, Mr. Ebun - Olu Adegboruwa.
«But it is clear that he was once arrested by men of the Economic and Financial Crimes Commission, EFCC, for matters bothering on fraud when he was the governor of CBN.
The BBOG said Buhari should direct the Attorney - General of the Federation and Minister of Justice, and the Economic and Financial Crimes Commission to set up a special desk with the responsibility for fast - tracking the trials of the arms procurement funds fraud.
The only candidate with the skill set to combat white collar crime, public corruption, financial mismanagement and medicaid fraud is Bob Antonacci.
The Economic and Financial Crimes Commission on Thursday filed a 17 - count of alleged $ 15.6 m fraud against a former aide of ex-President Goodluck Jonathan, Waripamo - Owei Dudafa, before a Federal High Court in Lagos.
Justice Sanusi Tukur of the High Court slammed the sentence on Saulawa after finding him guilty of advance fee fraud charges brought against him by the Economic and Financial Crimes Commission.
EFCC Kicks Against Bail for Agbele The Economic and Financial Crime Commission has said it will immediately appeal the ruling of a Federal Capital Territory High Court which today granted bail to one Abiodun Agbele, a suspect who is being investigated by the Commission for a range of alleged criminal infractions bordering on fraud and -LSB-...]