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Breaking News | Breaking News Interpol uncovers €500,000 in COVID-19 fraud to Nigeria

Views: Visits 82 The International Criminal Police Organisation, popularly called Interpol, has traced a €500,000 COVID-19 fraud to Nigeria, The Punch reports. The organisation made this known in a statement on its website titled, ‘Unmasked: International COVID-19 fraud exposed’. According to the statement, the scheme was coordinated using compromised emails, advance-payment fraud, and money laundering. It stated that the covid-19 fraud was uncovered by financial institutions and authorities across Germany, Ireland and the Netherlands, as part of a case coordinated by INTERPOL. The statement read in part, “In mid-March, as a number of countries were going into lockdown due to the coronavirus outbreak, German health authorities contracted two sales companies in Zurich and Hamburg to procure EUR 15 million worth of face masks.

Interpol traces €500,000 COVID-19 fraud to Nigeria

Interpol traces €500,000 COVID-19 fraud to Nigeria Sodiq Oyeleke The International Criminal Police Organisation, popularly called Interpol, has traced a €500,000 COVID-19 fraud to Nigeria. The organisation made this known in a statement on its website titled, ‘Unmasked: International COVID-19 fraud exposed’. According to the statement, the scheme was coordinated using compromised emails, advance-payment fraud, and money laundering. It stated that the fraud was uncovered by financial institutions and authorities across Germany, Ireland and the Netherlands, as part of a case coordinated by INTERPOL. The statement read in part, “In mid-March, as a number of countries were going into lockdown due to the coronavirus outbreak, German health authorities contracted two sales companies in Zurich and Hamburg to procure EUR 15 million worth of face masks. With a global shortage on medical supplies complicating usual business channels, the buyers followed new leads in the hopes o

COVID-19: Interpol traces €500,000 fraud to Nigeria

The International Criminal Police Organisation (Interpol) has traced a €500,000 COVID-19 fraud to Nigeria. Interpol, which disclosed this in a statement on its website titled: “Unmasked: International COVID-19 fraud exposed,” said the scheme was coordinated by the perpetrators through compromised emails, advance-payment fraud, and money laundering. According to the statement, the fraud was uncovered by financial institutions and authorities across Germany, Ireland, and the Netherlands, as part of a case coordinated by Interpol. The statement read: “In mid-March, as a number of countries were going into lockdown due to the COVID-19 outbreak, German health authorities contracted two sales companies in Zurich and Hamburg to procure EUR 15 million worth of face masks. With a global shortage on medical supplies complicating usual business channels, the buyers followed new leads in the hopes of securing the masks for COVID-19.

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