{"id":825564,"date":"2025-02-09T07:11:51","date_gmt":"2025-02-09T13:11:51","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/02\/09\/nigeria-exposes-international-crypto-scam-53-suspects-face-charges\/"},"modified":"2025-02-09T07:11:51","modified_gmt":"2025-02-09T13:11:51","slug":"nigeria-exposes-international-crypto-scam-53-suspects-face-charges","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/02\/09\/nigeria-exposes-international-crypto-scam-53-suspects-face-charges\/","title":{"rendered":"Nigeria Exposes International Crypto Scam, 53 Suspects Face Charges"},"content":{"rendered":"<div><main id=\"genesis-content\"><\/p>\n<p>You are here: <span itemprop=\"itemListElement\" itemscope itemtype=\"https:\/\/schema.org\/ListItem\"><a href=\"https:\/\/www.tronweekly.com\/\" itemprop=\"item\"><span itemprop=\"name\">Home<\/span><\/a><meta itemprop=\"position\" content=\"1\"><\/span> <span aria-label=\"breadcrumb separator\">\/<\/span> <span itemprop=\"itemListElement\" itemscope itemtype=\"https:\/\/schema.org\/ListItem\"><a href=\"https:\/\/www.tronweekly.com\/news\/\" itemprop=\"item\"><span itemprop=\"name\">News<\/span><\/a><meta itemprop=\"position\" content=\"2\"><\/span> <span aria-label=\"breadcrumb separator\">\/<\/span> Nigeria Exposes International Crypto Scam, 53 Suspects Face Charges<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" data-perfmatters-preload width=\"1200\" height=\"628\" src=\"https:\/\/www.tronweekly.com\/wp-content\/uploads\/2025\/02\/ice-chart-2025-01-27T174611.798.jpg\" alt=\"Crypto\"   title=\"Nigeria Exposes International Crypto Scam, 53 Suspects Face Charges 1\"><\/p>\n<article aria-label=\"Nigeria Exposes International Crypto Scam, 53 Suspects Face Charges\" itemscope itemtype=\"https:\/\/schema.org\/CreativeWork\">\n<div itemprop=\"text\">\n<ul>\n<li><strong>EFCC charged 53 individuals, including 29 Chinese nationals, for involvement in a global crypto fraud network.<\/strong><\/li>\n<li><strong>Authorities seized $200,000, alleging the syndicate processed over $3 million from illegal activities.<\/strong><\/li>\n<li><strong>The raid, known as \u201cEagle Flush Mission,\u201d led to the confiscation of 500 SIM cards, laptops, phones, and vehicles.<\/strong><\/li>\n<\/ul>\n<p>Recently, Nigerian authorities <a href=\"https:\/\/www.efcc.gov.ng\/efcc\/news-and-information\/news-release\/10655-efcc-arraigns-29-chinese-10-filipinos-three-others-for-alleged-internet-fraud-in-lagos\" target=\"_blank\" rel=\"noopener\">charged<\/a> about 53 individuals, including 29 Chinese, 10 Filipinos, 1 Malaysian, 1 Indonesian and 1 Pakistani nationals, connected to a global cryptocurrency network that scammed victims worldwide. <\/p>\n<p>They are faced with multiple charges related to \u201csuspected cyber offenses, cyber terrorism, impersonation, possession of documents containing false pretence and identity theft, among others\u201d- The EFCC writes. The arrest took place on December 19, 2024, in Lagos during an unexpected search of the EFCC named \u201cEagle Flush Mission\u201d.<\/p>\n<h2><strong>$200,000 Seized Over Alleged Crypto<\/strong><strong> <\/strong><strong>Scam Operations<\/strong><\/h2>\n<p>The Economic and Financial Crime Commision seized over $200,000 in assets suggesting that \u201cthe scheme\u201d has processed over $3m which they <a href=\"https:\/\/www.efcc.gov.ng\/efcc\/news-and-information\/news-release\/10658-court-orders-interim-forfeiture-of-syndicates-222-729-86-digital-wallet-assets\" target=\"_blank\" rel=\"noopener\">claim<\/a> are proceeds from unlawful activities. The Federal High Court in Lagos is handling this case, and it\u2019s alleged that they targeted victims across multiple countries.<\/p>\n<p>During the operation, the EFCC confiscated about 500 Nigerian SIM cards, computers, mobile phones, laptops, and multiple vehicles from the group\u2019s headquarters in Lagos. The EFCC claims the group made their money through Genting International Co. Limited, a company which is registered in Nigeria, and supposedly formed by foreign nationals.<\/p>\n<p>\u00a0Liu Ke Fan, A Chinese defendant had an outstanding case and was charged with impersonation of a 28-year-old American woman named \u201cLina,\u201d to defraud unsuspecting victims.\u00a0<\/p>\n<p>Other Charges pressed stated that the group is connected to at least 792 individuals, with illicit funds through p2p exchanges and large sum bank transfers. Their operations were seen as a significant risk to Nigeria\u2019s financial security. This case suggests the increasing success of international law enforcement in helping to reduce crypto related offenses.\u00a0<\/p>\n<p>Some other defendants are: Zhang Hua Zhai; Chen Xin; Li Zhen\u00a0 Peng; Guo Long Long ; Ren Jia Wen; Zhang Jian; Zhao Ying Bin; Yu Zi, Zhang Yang; Wang Zhi Chenge; Cherry De Leon; Khurram Shanzad; Fernand Fu\u00a0 Fang; Tan Soon Kar; Rex Jose Dilag; Jamal Polea.<\/p>\n<p>A local newspaper <a href=\"https:\/\/thenationonlineng.net\/efcc-secures-interim-forfeiture-of-222729-86-in-digital-assets-tied-to-chinese-filipino-alleged-fraudsters\/\" target=\"_blank\" rel=\"noopener\">shared<\/a> that over N2.26 billion has passed through a union bank account linked to Genting International Co.Ltd from April to December 2024.\u00a0<\/p>\n<p>\u201cBank statements showed that the primary inflows into the account came from cryptocurrency vendors Chukwuemeka Okeke (CO) and Alhassan Aminu Garba (AA), who provided statements under caution. They reported receiving a total of $2.39 million in USDT from the syndicate through peer-to-peer trading\u201d.<\/p>\n<p>Related | <a href=\"https:\/\/www.tronweekly.com\/polands-central-bank-rejects-bitcoin-for\/\">Poland\u2019s Central Bank Rejects Bitcoin for Reserves Amid Rising Crypto Debate<\/a><\/p>\n<\/div>\n<p><\/main><\/div>\n<p><a href=\"https:\/\/www.tronweekly.com\/nigeria-exposes-international-crypto-scam\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Onyi<\/p>\n","protected":false},"excerpt":{"rendered":"<p>You are here: Home \/ News \/ Nigeria Exposes International Crypto Scam, 53 Suspects Face Charges EFCC charged 53 individuals, including 29 Chinese nationals, for involvement in a global crypto fraud network. Authorities seized $200,000, alleging the syndicate processed over $3 million from illegal activities. The raid, known as \u201cEagle Flush Mission,\u201d led to the<\/p>\n","protected":false},"author":1,"featured_media":825565,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,27096],"tags":[],"class_list":{"0":"post-825564","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-exposes","8":"category-nigeria"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/825564","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=825564"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/825564\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/825565"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=825564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=825564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=825564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}