A man has been arraigned in Lagos over an alleged property fraud involving N17.5 million. The prosecution claims that after the complainant found out the property was not for sale, the defendant issued two cheques from Stanbic IBTC Bank, one for N10 million and another for N5 million, as partial repayment of the funds.

The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC) on Friday arraigned Ali Bala and Yusuf Umar Anka before Justice Olukayode Ogunjobi of the Lagos State High Court in Ikeja over an alleged £110,000 and ₦500 million fraud. According to Ripples Nigeria, the defendants face a 10-count charge that includes money laundering offences. The case is part of the EFCC's ongoing prosecution of financial crimes in the state.

Nigeria's Economic and Financial Crimes Commission has arraigned a man accused of bypassing a microfinance bank's security systems to gain unauthorised access and allegedly receive N700 million in stolen funds, according to Legit.ng. The arraignment marks the latest enforcement action by the anti-graft agency targeting financial crime. Further details of the charges and the defendant's plea were not immediately provided in the report.

Justice Yusuf Halilu of the Federal Capital Territory (FCT) High Court in Abuja has adjourned the trial-within-trial concerning the alleged ₦109 billion fraud involving former Attorney General of the Federation (AGF) Idris. The adjournment took place on Wednesday, June 24, 2026, as the court continues to address the case.

The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, highlighted the increasing issue of internet fraud, known as Yahoo Yahoo, during a book presentation by retired High Court judge Justice Alaba Omolaye-Ajileye. He reported that fraudsters had stolen ₦7.2 million from the bank account of a judge, which was intended for her child's school fees.

Franklin Ikechukwu Nwadialo, a 42-year-old Nigerian national, has been sentenced to five years in prison by a United States District Court in Tacoma, Washington, for his role in an online romance scam that defrauded victims of over $3.5 million.