The Nigeria Police Force has declared businessman Elusoji Oluwasegun Roland wanted over an alleged ₦1.2 billion fraud involving luxury cars and real estate. According to the Special Fraud Unit (SFU), Lagos, Roland obtained ₦232 million for a 2024 Mercedes Benz GLE 63S, ₦525 million for one mansion, and another ₦450 million for a second property. The offences, committed in the United States in November 2023, are linked to conspiracy, obtaining money under false pretence, and stealing. A Federal High Court in Lagos has issued a warrant for his arrest. Roland, described as a Yoruba man in his 40s, dark-complexioned, 5ft 2in tall, with distinctive features including thick lips, rounded chin, and a large forehead, was last traced to Conroe, Texas, USA. #FraudAlert #NigeriaPolice #FinancialCrime

Nigerian Convicted in Puerto Rico for Laundering Millions From Fraud Schemes A U.S. federal jury in Puerto Rico has convicted Olusegun Baiyewu, 37, of Richmond, Texas, for conspiracy to launder millions from romance scams, pandemic relief fraud, and business email compromise attacks. The U.S. Department of Justice said Baiyewu and four others laundered proceeds from schemes that targeted elderly Americans and businesses, disguising illicit funds through multiple accounts and purchases, including used cars shipped overseas to Nigeria. Officials said the conviction underscores U.S. resolve to dismantle transnational organized fraud networks exploiting vulnerable victims. Sentencing will be held before Judge Raúl M. Arias-Marxuach in Puerto Rico. #FraudAlert #JusticeServed #CyberCrime

Fake Gold Deal Busted in Uganda — Seven Arrested for Scamming Nigerian Businessman of $70,000 The Ugandan State House Anti-Corruption Unit has arrested seven suspects, including Congolese and Ugandan nationals, over a $70,000 fake gold scam targeting a Nigerian businessman. Authorities recovered 150kg of counterfeit gold and warned investors to verify deals before parting with their money. The suspects allegedly posed as gold sellers, clearing agents, and company officials, convincing the victim, Mark Gbillah, that they could supply seven kilograms of gold through Legacy Refinery Limited and Emerod Agency Limited. Investigations later revealed the firms had no gold. The arrests were made after Gbillah reported the scam, enabling authorities to set up a sting operation that caught the fraudsters before they could extort more funds. Police seized 150 kilograms of fake gold bars and imitation nuggets used to deceive other potential victims. Officials have urged the public to conduct due diligence and report suspicious business activities to avoid falling prey to similar fraud. The suspects will be charged in court soon. #UgandaNews #GoldScam #FraudAlert #BreakingNews #Nigeria #Uganda #FakeGold #AntiCorruption #CrimeWatch