EFCC Refunds Over $120K and N70M to Fraud Victims in the U.S., Spain, and Switzerland

The Economic and Financial Crimes Commission (EFCC) has successfully refunded a total of $120,548.43 and N70,602,841.46 to victims of fraud in the United States, Spain, and Switzerland. This refund is part of the EFCC’s ongoing efforts to combat economic and financial crimes. The recovered funds, which were obtained from fraudsters operating within Nigeria, were returned to the victims as part of the EFCC’s commitment to ensuring justice and providing restitution for those affected by fraudulent schemes. Reaffirming its dedication to tackling financial crimes, the anti-graft agency emphasized that its relentless pursuit of fraudsters and recovery of stolen assets enhances Nigeria’s credibility in the global fight against financial crimes. This latest recovery underscores the EFCC’s continued efforts to protect both local and international victims of fraud, reinforcing its position as a key institution in the battle against corruption. Related Posts Tinubu Unveils Ambitious Economic Plan to Halve Inflation by 2025 President Bola Ahmed Tinubu has outlined an ambitious economic agenda aimed at reducing Nigeria’s inflation rate from the current 34.6% Read more Nigeria and the British Monarchy: A Legacy of Visits and Diplomatic Ties Throughout history, Nigeria has enjoyed a unique relationship with the British Monarchy, marked by mutual visits that reflect shared historical, Read more 2024 Elections: A Mixed Bag of Milestones, Setbacks, and Electoral Integrity Challenges The year 2024 marked a significant milestone for Nigeria as it celebrated 25 years of uninterrupted democratic rule. The electoral Read more Kano State Opposes Tinubu’s Tax Reforms, Calls for Focus on Poverty and Insecurity The Kano State government has rejected the proposed tax reform bills by President Bola Tinubu’s administration, describing them as “ill-timed, Read more Olawale Moses OyewoleOlawale Moses Oyewole is an adept writer who stays on top of current events and curate informative and engaging articles for his readers. He is a digital strategist who help brands gain online visibility.