It looks like help, sounds like help — but it’s a scam in disguise. A dangerous new type of online fraud is sweeping across Kenya, targeting customers of Equity Bank and other financial institutions. Criminals are tricking people with fake “security checks” that appear to offer protection after a data breach. But instead of helping, […]
It is a scandal that has rocked Kenya’s banking sector to its core. In just 90 days, Sh1.5 billion disappeared from Equity Bank in what investigators now describe as one of the most daring and sophisticated heists ever uncovered. At the center of it all is lawyer Esther Bitutu Kadiki, accused of masterminding a shadowy […]
US authorities charged the owner of Nigeria’s largest airline with obstruction of justice in a $20 million fraud case. The charge updates an indictment from five years ago in which he and an alleged accomplice were charged with bank fraud and money laundering. The US Department of Justice said Allen Onyema, founder and chief executive […]
