Category : Search result: cryptocurrency extortion


Boy Fakes Kidnapping, Extorts N1.7m from Mother

Lagos police arrest five suspects, including a 15-year-old boy, for staging a fake kidnapping to extort N1.7 million ransom from his mother. Full details of the elaborate scam revealed.

Elderly man arrested for defrauding ATBUTH patient

ATBUTH Bauchi's SERVICOM unit arrested an impostor who swindled a gunshot victim's relatives of N45,000. Management warns the public against fraudsters and reiterates zero tolerance for extortion. Report any suspicious activity.

Reps Committee Denies Extorting JAMB, Refunds N62.7M

The House of Representatives committee has denied allegations of extorting JAMB, revealing it refunded N62.7 million twice. Get the full details on the oversight controversy and the cleared air.

Woman fakes own kidnap, extorts N2.5m from husband

Lagos police confirm the arrest of a 26-year-old woman who staged her own abduction to extort money from her husband. Investigation reveals a complex plot involving an accomplice and a sold iPhone.

Bitcoin Self-Custody Service Launches in Nigeria

Stealth Money introduces Africa's pioneering Bitcoin self-custody platform in Nigeria, offering secure hardware wallet delivery in Naira. Take control of your digital assets today.

Student Burned Alive in Vienna Crypto Extortion

A Ukrainian student was tortured and burned alive in Vienna after being forced to hand over cryptocurrency. Two suspects, including a fellow student, have been arrested. Read the shocking details.

Man arrested for staging own kidnap in Ondo

Ondo Police uncover a staged kidnapping scheme, arresting a man who faked his abduction to extort ransom from his family. Read how intelligence-led policing foiled the plot.

Digital Assets Can Make Nigeria a Top-Tier Economy

Finance expert Ochuko Akejagbor proposes a national strategy using digital assets to boost Nigeria's economy, aiming for top-tier global status by 2030 through new commissions and reserves.

Masked 'Police' Terrorize Abuja-Nasarawa Border

Masked men posing as police officers are mounting illegal checkpoints along Abuja-Nasarawa border, extorting commuters. Authorities deny involvement as victims demand action.

Nigerian lawmakers investigate rising POS fraud cases

House of Representatives investigates escalating POS fraud reaching N52.26bn. Committee reveals security breaches, cloned terminals, and urgent need for regulatory framework. #POSFraud #FinancialSecurity

Reps Committee Raises Alarm Over POS Fraud

House of Representatives committee warns of rising POS fraud and unlicensed crypto dealings by operators. Investigation reveals security gaps and regulatory breaches in Nigeria's fintech sector.

Nigeria to Tax Cryptocurrency Under New Law

Nigeria's new tax reform mandates taxation on virtual currencies while exempting capital market gains. Chairman Taiwo Oyedele urges young investors to consider regulated markets.

Bitcoin Drops Below $90K: Market Analysis

Bitcoin value plunges 25% from October peak, falling below $90,000. Discover why investors are fleeing crypto amid trade war fears and Fed uncertainty. Stay informed!

Sell Bitcoin to Naira in Seconds with Monica Cash

Monica Cash offers Nigerians instant Bitcoin to Naira conversion at competitive rates. Convert BTC securely, pay bills, and access virtual dollar cards all in one app. Join 500,000+ trusted users today!

Bitcoin Drops 5% to $94,483 in Major Sell-Off

Bitcoin price crashes below $95,000, dropping 5% to a six-month low. Discover the key factors behind this crypto market plunge and what it means for Nigerian investors.

Chinese Bitcoin fraudster jailed 11 years in UK

Zhimin Qian, the 'goddess of wealth', sentenced to 11+ years for massive Bitcoin Ponzi scheme that defrauded 128,000 victims. UK police seized record 61,000 bitcoin worth over £5 billion.

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