@csrf
Black Axe

01.07.2022 Featured Nigerian Gang Black Axe ‘Sends Members to Ireland Banks, IT Firms to Move €14m Realised From Fraud’

Published 1st Jul, 2022

By Tola Owoyele

The Black Axe, a notorious Nigerian confraternity, has been found to have infiltrated banks and IT firms in Ireland with its members so it could successfully launder over €14 million, being proceeds of various fraudulent schemes.

According to The Irish Sun, the organisation sent people to the Irish institutions to help in moving the funds, mostly in cash, realised from its global operations which include romance fraud and other fraudulent schemes.

READ ALSO: 3 Months After Cancelling Flight, Green Africa Airways Yet to Refund Hairstylist

Under Operation Skein, an investigation into worldwide invoice-redirect fraud in Ireland, over 400 suspects have been identified by The Garda, the country’s economic crime bureau. Close to 100 arrests have also been made through the help of the Federal Bureau of Investigation (FBI) and the Interpol.

“The Black Axe gang are massive and they sent hundreds of people to Ireland to facilitate their scams,” a source said.

“They send people here to open accounts, work in banks and in firms that can help them launder the proceeds of their criminality.”

Latest statistics from the Irish bureau revealed that 31 cases of fraud were recorded with a total loss of €812,715 by victims between January and May.

READ ALSO: 4 Years After Maturity, Niger Insurance Has Not Paid Investor’s N380,000

It was further revealed that 23 out of the victims were female while the other eight were male. Most of the victims were said to have met the fraudsters on dating sites and applications.

Giuseppe Diviccaro, a 45-year-old Italian popularly called The Banker, is believed to be working for the Black Axe in the scheme and has been arrested by Irish authorities.

Leave a Reply

Your email address will not be published. Required fields are marked *


Published 1st Jul, 2022

By Tola Owoyele

Advertisement

Our Stories

Breaking news

BREAKING: CBN Raises Capital Base for Big Banks to N500b

Nigerian Army

Why Declaring 8 People Wanted for Okuama Massacre Puts Nigerian Army in Contempt of Court

KFC

4 Times PWDs Accused KFC of Discrimination in Different Countries

FIJ Longlisted for One World Media Award — The 3rd Time in a Row

Okuama Resident Who Said Slain Soldiers Were Not for Peacekeeping on Army’s Wanted List

Month-Long Power Outage Forces UCH Doctors to Perform Surgeries With Phone Lights

Army Names 8 People Wanted for Okuama Massacre

LP Reserves 2027 Presidential Ticket for Obi

‘For His Disability, KFC Humiliates Ex-Governor Gbenga Daniel’s Son at Lagos Airport’

Jail

Lagos Resident Sentenced to Life Imprisonment for Sexually Assaulting 5-Year-Old

Advertisement