N18.7bn scam: EFCC reveals how banks, fintechs enabled huge fraud that hit 900,000 Nigerians

Legit | 24-01-2026 09:54pm |

EFCC accuses banks and fintechs of failing KYC, enabling fraud that defrauded 900,000 Nigerians of N18 billion. Arrests made; institutions warned of prosecution.

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