EFCC arraigns man, company for N12.5bn fraud in Lagos

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EFCC arraigns man, company for N12.5bn fraud in Lagos

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Nigeria’s Economic and Financial Crimes Commission has arraigned a man and S Mobile Netzone Limited in Lagos over alleged fraud involving 12.5 billion naira. The company was among 58 firms named by the EFCC in a 2025 public alert about alleged illegal investment schemes.

The company, S Mobile Netzone Limited, was among 58 companies the EFCC named in March 2025 in a public alert on alleged illegal investment schemes. The post EFCC arraigns man, company for N12.5bn fraud in Lagos appeared first on Premium Times Nigeria.

Security Politics Markets EFCC alleged fraud Lagos investment schemes S Mobile Netzone court arraignment

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