Almost 800 arrested in Nigeria over crypto-romance scam

The suspects, including 148 Chinese and 40 Filipino nationals, were detained on Dec 10 at the seven-storey Big Leaf Building in Lagos, Nigeria's commercial capital, Economic and Financial Crimes Commission spokesperson Wilson Uwujaren said.



Riad Salameh, former head of Lebanon’s Central Bank, has been detained amid an investigation into serious financial crimes. Celebrated as a financial expert for decades, Salameh now faces charges of embezzlement and theft, sparking outrage and protests in Beirut. The case marks a significant moment for accountability in Lebanon's troubled financial system.

Lebanon: Ex-Central Bank Chief Riad Salameh detained over financial crime charges

'IOU': Precious metals companies ordered to pay $146 million over missing American Silver Eagle coins 

According to the reports, Illicit use of cryptocurrencies hit a record $20.1 billion last year as transactions involving companies targeted by U.S. sanctions skyrocketed. Watch this video to know more.

World Business Watch: Crypto crime hits record $20 billion in 2022, says report

In the first 6 months of 2021, fraudsters stole $1 billion in the United Kingdom. The plague of financial crime is now hitting British citizens. Palki Sharma tells you how the UK is emerging as the new global hub for financial fraud.

Gravitas: Is Britain the new hub for financial fraud?

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