Tag Archives: fraud

a Lagos, Nigeria | AFP | When one of Africa’s richest men joined Twitter and posted his first tweet on May 11 this year, the fanfare in his native Nigeria was immediate. News that Femi Otedola had opened an account spread like wildfire and the billionaire head of Forte Oil …

Rome, Italy | AFP | Italy’s competition authority on Wednesday said it was fining Apple and Samsung 10 and five million euros ($11.5 and $5.7 million) respectively for the so-called “planned obsolescence” of their smartphones. The ruling is believed to be the first against the manufacturers following accusations worldwide that …

New York, United States | AFP | The US Securities and Exchange Commission on Monday laid charges over a fraudulent cryptocurrency fundraiser that boxer Floyd Mayweather and rapper DJ Khaled touted on social media. Neither celebrity is accused in the scheme which the SEC said raised more than $32 million from …

New York, United States | AFP |  A US federal judge on Wednesday sentenced troubled American rapper DMX, best known for his taunting song “Party Up (Up in Here),” to one year behind bars for tax fraud. The 47-year-old rapper and actor, real name Earl Simmons, pleaded guilty last November …

Kampala, Uganda | GODFREY SSALI | Six people have been charged and remanded to Luzira prison for alleged procuring and obtaining registration of sim-cards using other people’s National IDs. The suspects including three juveniles appeared before Mwanga 11 Court Grade One Magistrate Julius Mwesigye in Lubaga Division. They include; Alex Ogola, …

New York, United States | AFP | Martin Shkreli, once dubbed the most hated man in America for ratcheting up the price of an HIV drug, was sentenced to seven years in prison Friday on charges of defrauding investors. The disgraced former pharmaceutical executive and hedge fund manager was convicted in …

Jerusalem, Undefined | AFP | Israeli police arrived on Friday at Prime Minister Benjamin Netanyahu’s home where media reports said they were to question him for an eighth time over allegations of fraud and bribery. An AFP journalist saw police arriving at Netanyahu’s official Jerusalem residence in two vehicles at …

THIS WEEK: Trial date for Gashumba fraud case set Kampala, Uganda | THE INDEPENDENT | Buganda Road Court has set Monday February 26 as the date to hear a case in which Kampala City socialite Frank Gashumba and his brother Innocent Kasumba are accused of fraud. The two are said to …

Kampala, Uganda | GODFREY SSALI | Buganda Road Court has set February 26, 2018 which is Monday next week for the fraud trial of Social Commentator Frank Gashumba and his brother Innocent Kasumba. The two are said to have connived with a Tour and Travel guide Ismail Kiyingi, to impersonate Ministry …

Madrid, Spain | AFP | Manchester United manager Jose Mourinho was grilled by a judge in Spain on Friday over accusations of a 3.3 million euro ($3.8 million) tax fraud during his time in charge of Real Madrid in 2011 and 2012. After leaving the brief closed-door hearing, the 54-year-old …