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EFCC raises alarm over rising number of petitions on investment, forex-related scams – VANGUARD NEWS

The Economic and Financial Crimes Commission, EFCC, yesterday, raised the alarm over the number of petitions it received in Lagos on investment and forex-related scams, totalling sums of N317.9 billion, $3.205 million and N1.686 billion.

It also expressed concern at the rate Nigerians fall prey to forex scam, business email compromise, investment scams and land and property fraud.

Acting Executive Chairman of EFCC, Mr. Abdulkarim Chukkol, at a workshop on Economic and Financial Crimes Reporting for Journalists, in Lagos, yesterday, said: “As the economic nerve centre of Nigeria, all manner of economic and financial crimes find the Lagos environment a perfect location to incubate and bloom.

“Forex scam, business email compromise, investment scams and land and property fraud among others, are some of the financial and economic crimes prevalent within the Lagos environment.

Read the full story on https://www.vanguardngr.com/2023/07/efcc-raises-alarm-over-rising-number-of-petitions-on-investment-forex-related-scams/amp/

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