Dangote Refinery AD
ADVERTISEMENT
  • PT Insider
  • #EndSARS Dashboard
  • PT Hausa
  • About Us
  • PT Jobs
  • Advert Rates
  • Contact Us
  • Digital Store
Tuesday, September 22, 2026
Premium Times Nigeria
  • Home
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Gender
  • Investigations
    • All
    • Alabuga Reports
    • Blood on Uniforms
    Edet Etok at his four bedroom bungalow

    Akwa Ibom govt silent as compensation disputes swirl around N117.5bn Medical City project

    Naomi Teryen displays Multiple Micronutrient Supplements at the Anyiin IDP camp in Logo LGA, Benue State. PiC: Manasseh Mbachii/PREMIUM TIMES

    SPECIAL REPORT: Shut clinic deepens healthcare crisis in Benue IDP camp

    INEC Ballot box used for votes

    SPECIAL REPORT: Why young Nigerians are losing faith in elections

    Gas flare at Heirs Energies facility at Umuechem

    INVESTIGATION: Oil companies violate Nigerian laws, flare gas, face no sanctions (1)

    Children rescued from traffickers in Benue State.

    INVESTIGATION: How criminals exploited Benue’s conflicts to traffic children, women

    A collage of ethical hacker and Warri Flyover Bridge

    INVESTIGATION: The multi-million dollar Norwegian scam and the role of a Nigerian

    Angwan Rukuba in Jos

    SPECIAL REPORT: How social media shapes reprisal violence in Plateau

    An HIV/AIDS medicine product from Sarkin Lakanin Jihar Kano, a faith healer in Nigeria. (PHOTO CREDIT: Sarkin Lakanin Jihar Kano)

    SPECIAL REPORT: Some Nigerians turn to faith healers as HIV aid dries up

    Available family planning commodities at Omi Eran Primary Health Centre, Osun State. Credit: Fawaz Adebisi

    SPECIAL REPORT: Before they could finish school, Nigeria’s health system made them mothers

  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Trade Insights
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
    • All
    • Analysis
    • Columns
    • Contributors
    • Editorial
    Femi Fani-Kayode

    Why is Karl Von Batten hiding under his bed?, By Femi Fani-Kayode

    Reuben Abati writes about Plateau, Tsiga and Trump.

    Tinubu, Shettima and the United Nations Assembly, By Reuben Abati 

    National Security Adviser, Nuhu Ribadu

    Advancing food security through ONSA AgriShield Initiative, By Chido Onumah

    Former Governor Ibrahim Shema

    Ibrahim Shehu Shema at 69: A legacy of service, By Oluwabusola Olawale

    Ehi Braimah writes about Ken-Calebs Olumese at 80.

    From G5 to rainbow coalition: Wike’s new political calculus, By Ehi Braimah

    Dakuku Peterside writes about the Mokwa flood.

    King Jaja’s challenge to Nigeria: Power, defiance and economic self-determination, By Dakuku Peterside

  • Health
    • News Reports
    • Special Reports and Investigations
    • Health Specials
    • Features and Interviews
    • Multimedia
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Features
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
    • Casino
      • iGaming
      • Non AAMS
      • Online Kaszinó Magyar
      • Online Casino Österreich
      • non Gamstop casinos
      • Kasyna online
      • Casino Uden Rofus
      • Τα Καλύτερα Online Casino
      • Casino Sin Licencia España
      • Casino Utan Svensk Licens
      • Beste online casinos
      • Top cazinouri online
      • Online Casino Österreich
    • Gokken
      • Beste Online Casino Nederland
    • Games
      • كازينو اون لاين
      • Geriausi kazino internetu
      • Онлайн казино Казахстан
  • Elections
    • 2024 Ondo Governorship Election
    • 2024 Edo Governorship Election
    • Presidential
    • Gubernatorial
  • Home
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Gender
  • Investigations
    • All
    • Alabuga Reports
    • Blood on Uniforms
    Edet Etok at his four bedroom bungalow

    Akwa Ibom govt silent as compensation disputes swirl around N117.5bn Medical City project

    Naomi Teryen displays Multiple Micronutrient Supplements at the Anyiin IDP camp in Logo LGA, Benue State. PiC: Manasseh Mbachii/PREMIUM TIMES

    SPECIAL REPORT: Shut clinic deepens healthcare crisis in Benue IDP camp

    INEC Ballot box used for votes

    SPECIAL REPORT: Why young Nigerians are losing faith in elections

    Gas flare at Heirs Energies facility at Umuechem

    INVESTIGATION: Oil companies violate Nigerian laws, flare gas, face no sanctions (1)

    Children rescued from traffickers in Benue State.

    INVESTIGATION: How criminals exploited Benue’s conflicts to traffic children, women

    A collage of ethical hacker and Warri Flyover Bridge

    INVESTIGATION: The multi-million dollar Norwegian scam and the role of a Nigerian

    Angwan Rukuba in Jos

    SPECIAL REPORT: How social media shapes reprisal violence in Plateau

    An HIV/AIDS medicine product from Sarkin Lakanin Jihar Kano, a faith healer in Nigeria. (PHOTO CREDIT: Sarkin Lakanin Jihar Kano)

    SPECIAL REPORT: Some Nigerians turn to faith healers as HIV aid dries up

    Available family planning commodities at Omi Eran Primary Health Centre, Osun State. Credit: Fawaz Adebisi

    SPECIAL REPORT: Before they could finish school, Nigeria’s health system made them mothers

  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Trade Insights
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
    • All
    • Analysis
    • Columns
    • Contributors
    • Editorial
    Femi Fani-Kayode

    Why is Karl Von Batten hiding under his bed?, By Femi Fani-Kayode

    Reuben Abati writes about Plateau, Tsiga and Trump.

    Tinubu, Shettima and the United Nations Assembly, By Reuben Abati 

    National Security Adviser, Nuhu Ribadu

    Advancing food security through ONSA AgriShield Initiative, By Chido Onumah

    Former Governor Ibrahim Shema

    Ibrahim Shehu Shema at 69: A legacy of service, By Oluwabusola Olawale

    Ehi Braimah writes about Ken-Calebs Olumese at 80.

    From G5 to rainbow coalition: Wike’s new political calculus, By Ehi Braimah

    Dakuku Peterside writes about the Mokwa flood.

    King Jaja’s challenge to Nigeria: Power, defiance and economic self-determination, By Dakuku Peterside

  • Health
    • News Reports
    • Special Reports and Investigations
    • Health Specials
    • Features and Interviews
    • Multimedia
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Features
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
    • Casino
      • iGaming
      • Non AAMS
      • Online Kaszinó Magyar
      • Online Casino Österreich
      • non Gamstop casinos
      • Kasyna online
      • Casino Uden Rofus
      • Τα Καλύτερα Online Casino
      • Casino Sin Licencia España
      • Casino Utan Svensk Licens
      • Beste online casinos
      • Top cazinouri online
      • Online Casino Österreich
    • Gokken
      • Beste Online Casino Nederland
    • Games
      • كازينو اون لاين
      • Geriausi kazino internetu
      • Онлайн казино Казахстан
  • Elections
    • 2024 Ondo Governorship Election
    • 2024 Edo Governorship Election
    • Presidential
    • Gubernatorial
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
Mr Wasiu, the arrested suspect (PHOTO - EFCC)

Mr Wasiu, the arrested suspect (PHOTO - EFCC)

How man allegedly defrauded BDC operators of $12,000 – EFCC

The EFCC said further investigation revealed that the suspect has toured the South-east and Akwa Ibom State in South-south, using a similar pattern to allegedly defraud BDC operators.

byChinagorom Ugwu
August 25, 2026
Reading Time: 2 mins read
0
Google Logo Add us on Google

The Economic and Financial Crimes Commission (EFCC) has arrested and interrogated a 38-year-old man, Raheem Wasiu, accused of defrauding Bureau De Change (BDC) operators in the South-east of $12,000.

Join the Premium Times WhatsApp Community For Quick Access To News and Happenings Around You.

Open in WhatsApp

In a statement posted on its Facebook page on Monday, the EFCC said operatives of the Nigeria Security and Civil Defence Corps (NSCDC) arrested the suspect, Mr Wasiu, and handed him over to the anti-graft agency’s Enugu Zonal Directorate.

FIRST BANK AD Do you live in Ogijo

The commission said the NSCDC operatives initially arrested Mr Wasiu in response to a petition from a BDC operator, Stanley Ezekulie, who accused the suspect of defrauding him of $5000.

During the investigation, the EFCC said its findings showed the suspect had defrauded others using the same strategy.

“In the course of investigation by operatives of the EFCC, it was discovered that the suspect rents different Toyota Hilux trucks, disguises himself as a wealthy contractor, moves with escorts and meets BDC operators in the south-east and allegedly tricks them into parting with their hard-earned money, by presenting fake alerts in naira to them, after collecting their money,” the statement reads in part.

The commission said one of the petitioners, Mr Ezekulie, narrated how the suspect scammed him.

PT WHATSAPP CHANNEL
Dangote Refinery AD

“I gave him the dollar, and he counted it by himself. After confirmation, he then asked for my bank details. After giving him my account number, he mentioned my name, which popped up on his bank application. I confirmed it.

Premium Times

Stay Ahead with Premium Times

Follow us on Google News and never miss breaking stories, investigations, and in-depth reporting.

Google Logo Add as a preferred source on Google

“The next thing he told me was that it had gone through, which I waited for the alert to come, to no avail. Because of time, he asked me to go and that I would get it, that it could be network issues, and I left because of his personality,” the commission quoted the BDC operator as saying.

The petitioner, according to the statement, alleged that soon after, the suspect went incommunicado.

The EFCC said another petitioner, Nwaoha Ubaferem, who is based in Owerri, Imo State, equally alleged that Mr Wasiu defrauded him of $7,000.

Mr Ubaferem narrated: “The dollar on me was $2,600, then I called my office to bring an additional $4,400 to me to complete it as he requested for $7,000.

READ ALSO: EFCC arraigns man for N56.5 million Hajj fraud

“As we were waiting, he complained that he was running late and we decided to move to Royce Road from Port Harcourt Road, where he finally collected the money from me, resumed the transfer, called my name and informed me that the transfer had gone, which I believed but continued to expect an alert from him.”

The EFCC said further investigation revealed that the suspect has toured the South-east and Akwa Ibom State in the South-south, using the same pattern to allegedly defraud BDC operators.

A Hilux truck, Automated Teller Machine cards from various banks, different bank transfer tokens, and a digital National Identification Number slip bearing the name Sunday Abiodun were among the items recovered from him, the agency said.

Others were two complimentary cards with the name Engineer Abiodun, a designer bag, one iPhone 17 Promax, a Samsung phone, 4G internet pocket MIFI, a Patek Philip wrist watch, vehicle particulars, a gold bangle and a pair of shoes.

“The suspect will be charged in court as soon as investigations are concluded,” the EFCC added.

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook
  • Share on WhatsApp (Opens in new window) WhatsApp
  • Share on Telegram (Opens in new window) Telegram
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Email a link to a friend (Opens in new window) Email
  • Print (Opens in new window) Print

Discover more from Premium Times Nigeria

Subscribe to get the latest posts sent to your email.

Previous Post

Police rescue three kidnap victims, recover their SUV, abductors’ weapons

Next Post

NAC ratifies framework to build Nigeria’s digitised modern addressing system

Chinagorom Ugwu

Chinagorom Ugwu

More News

Imo State on Map

VIDEO: 14-year-old girl suffers severe burns while in aunt’s care

September 22, 2026
Gov Eno of Akwa Ibom

Akwa Ibom’s peace remains stable but fragile, council warns

September 22, 2026
Governor Umo Eno of Akwa Ibom state (CREDIT: Umo Eno on X)

2027: Eno, other Akwa Ibom governorship candidates billed for NUJ-led debate

September 22, 2026
Grieving residents at the scene (PHOTO- Facebook)

Couple, three children die as head tank falls on building in Enugu

September 22, 2026
Super Eagles fixtures Credit: NG Super Eagles X Page

AFCON 2027 Qualifiers: 20 players arrive as Super Eagles begin preparations

September 22, 2026
Air Peace Aircraft

Air Peace faces NCAA compensation order after Lagos-Enugu flight disruption

September 22, 2026
Leave Comment

  • About Us
  • Contact Us

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game

Projects & Partnerships

  • AUN-PT Data Hub
  • #EndSARS Dashboard
  • Parliament Watch
  • Panama Papers
  • AGAHRIN
  • #PandoraPapers
  • #ParadisePapers
  • #SuisseSecrets
  • Our Digital Network
  • About Us
  • Contact Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2025 The Premium Times, Nigeria

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

DMCA.com Protection Status
  • Home
  • Elections
    • 2024 Ondo Governorship Election
    • 2024 Edo Governorship Election
    • Presidential & NASS
    • Gubernatorial & State House
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • Gender
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Trade Insights
    • Business Specials
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Health
    • COVID-19
    • News Reports
    • Special Reports and Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Investigations
    • Features
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
    • Casino
      • iGaming
      • Non AAMS
      • Online Kaszinó Magyar
      • Online Casino Österreich
      • non Gamstop casinos
      • Kasyna online
      • Τα Καλύτερα Online Casino
      • Casino Sin Licencia España
      • Casino Utan Svensk Licens
      • Casino Uden Rofus
      • Beste online casinos
      • Top cazinouri online
      • Online Casino Österreich
    • Gokken
      • Beste Online Casino Nederland
    • Games
      • كازينو اون لاين
      • Geriausi kazino internetu
      • Онлайн казино Казахстан
  • #EndSARS Dashboard
  • AUN-PT Data Hub
  • Projects
    • Panama Papers
    • Paradise Papers
    • SuisseSecrets
    • Parliament Watch
    • AGAHRIN
  • Opinion
    • Editorial
  • PT Hausa
  • Become a PT Insider
  • DONATE
  • About Us
  • Dubawa NG
  • Advert Rates
  • PT Jobs
  • Digital Store
  • Contact Us

All content is Copyrighted © 2025 The Premium Times, Nigeria

Discover more from Premium Times Nigeria

Subscribe now to keep reading and get access to the full archive.

Continue reading