N22 Billion Naira Fraud: MTN Sues Nigerian Banks.
Telecommunications giant MTN is suing 18 Nigerian banks to court over a ₦22.3 billion ($53.7 million) mobile money fraud. In the suit dated May 30, MTN is alleging that its recently-licensed mobile money Payment Service Bank, MoMo, has suffered a fraudulent…
South African Radio OAP Accused of Bitcoin Fraud Threatens Legal Action.
Sebasa Mogale, the South African Thobela FM presenter accused of swindling investors through his bitcoin investment scheme, has threatened to take legal action against individuals filing fraud claims against him with law enforcement. According to the radio presenter’s legal representative,…