Fraudulent Transactions

EFCC recovered N108 million from employees who allegedly forged documents and created fake invoices to divert funds through fraudulent transactions. The recovered amount was handed over to the company.

A partner fell for a scam phone call where fraudsters obtained personal information and accessed online banking through a verification app, leading to unauthorized transactions. The bank froze the transactions, but it remains unclear if the funds can be recovered.

Clarksville police are seeking the public's help to identify a suspect in an identity theft case involving $28,000 stolen from a bank account through three fraudulent transactions. Surveillance video captured a white male suspect wearing a ball cap, light blue long-sleeve shirt, and khaki pants. Authorities provided contact details for tips, including a Crime Stoppers line and P3 Tips.

Apple announced it blocked over $11 billion in fraudulent App Store transactions across a six-year period, with $2.2 billion in potentially fraudulent transactions blocked in 2025 alone. This demonstrates Apple's continued efforts to protect users and maintain security on its platform.

Missouri's attorney general has filed a lawsuit against Bitcoin ATM operator CoinFlip, accusing the company of knowingly facilitating fraudulent transactions and demanding restitution for senior citizens. CoinFlip has rejected the allegations as meritless. The case highlights regulatory scrutiny of cryptocurrency ATM operators regarding fraud prevention and consumer protection.