U.S. prosecutors in Manhattan have brought forth criminal charges against Odogwu Banye Mmobuosi, a Nigerian fintech entrepreneur, following his failed bid for an English Premier League soccer team. The charges involve accusations of misleading investors regarding the financial status of his companies. Mmobuosi, formerly the co-CEO of Tingo Group, faces allegations of securities fraud, making Read More…
Tag: securities fraud
British-Nigerian singer pleads guilty in multi-million dollar hacking scheme
Idris Dayo Mustapha aka Drizzle Lomo, a British-Nigerian singer, has pleaded guilty in New York for his involvement in a sophisticated hacking scheme spanning over seven years. This scheme targeted banks and brokerages, resulting in over $6 million in losses for customers. At a hearing presided over by U.S. District Judge Pamela Chen in Brooklyn, Read More…