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Suspected Nigerian Fraudster Arrested In Dubai Over US$2 Million - Politics (2) - Nairaland

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Re: Suspected Nigerian Fraudster Arrested In Dubai Over US$2 Million by hustla(m): 2:18pm On Aug 23, 2013
PapaBrowne:
Prophet goldenval.

Wow. How did the lady pay out 2 Million dollars of hard earned money(surely it ant have been) to a briefcase trotting fella without any office and staff.No due diligence, nothing! Surely she probably didn't have much value for the money, hence the carelessness.


And for the fraudster, since you are such a excellent marketer, why not use you skills to actually sell Dubai properties to interested individuals and make healthy commissions. You can actually set up a real office and employ real people and do real marketing of those Dubai properties. You really don't have to be a fraudster since your skills are strong enough to collect $2million upfront for just real estate. Jail time beckons!!

u go employ am without cv?
Re: Suspected Nigerian Fraudster Arrested In Dubai Over US$2 Million by gregoma(m): 2:18pm On Aug 23, 2013
Redsun, u literally dropped ur comment off my mouth. Where did the lady get $2million from? who the hell is she?? my guess is as gud as everyone here probably stolen govt money. She needs to be invited for questioning on how she got #320million to spend on a single property. [i]He who come to equity must come with clean hands![b][/b]
Re: Suspected Nigerian Fraudster Arrested In Dubai Over US$2 Million by Dbeliever(m): 2:34pm On Aug 23, 2013
Even though I don't know the man, it seems to me that he might not be a fraudster because he told the business woman that he lives in Dubai and it happen to be true. What I know is that no fraudster will disclose exactly the place where he or she lives. He must have been lobbing hard to secure the house for the woman.
Re: Suspected Nigerian Fraudster Arrested In Dubai Over US$2 Million by snthesis(m): 2:36pm On Aug 23, 2013
the guy must hav fcked her wella, sorta she had no sense left to decipher the scam
Re: Suspected Nigerian Fraudster Arrested In Dubai Over US$2 Million by redsun(m): 2:43pm On Aug 23, 2013
snthesis: the guy must hav fcked her wella, sorta she had no sense left to decipher the scam

The money must have come so easy for her to give it out like.She could be one way or the other be a benefactor nigerian political magomago and she was using the means to launder ill gotton wealth like nigerians politicians do/ o
Re: Suspected Nigerian Fraudster Arrested In Dubai Over US$2 Million by nijanigga: 2:47pm On Aug 23, 2013
Everything about Nigeria is a fraud. " Nigeria state revenues tumble 42 pct in July due to oil outages"
http://news.yahoo.com/nigeria-revenues-fall-42-pct-july-due-oil-084820803.html
Re: Suspected Nigerian Fraudster Arrested In Dubai Over US$2 Million by oduaboy1: 2:54pm On Aug 23, 2013
Tony Spike: Itumo anthony chidiebere
The 35-year-old suspect from Ebonyi State
Omg our industrious sons from alaigbo again.

2 Likes

Re: Suspected Nigerian Fraudster Arrested In Dubai Over US$2 Million by Denlightened(m): 3:27pm On Aug 23, 2013
I thought it wz only Yorubas that commit cyber crimes.....#Team YBNL#
Re: Suspected Nigerian Fraudster Arrested In Dubai Over US$2 Million by Samabu07(m): 3:31pm On Aug 23, 2013
Iaz93: just 2million. . .mtcheew!!!
When last you see $100 it must not be yours o, like you walking by and saw $100 bill in some one's hand.
Rubbish!!! Na your type promotes bad image for this country. So should have stolen $1bn before Authorities would act. You deserve a ban for a while. Perhaps need a psychological re-evaluation. Like seriously.
Re: Suspected Nigerian Fraudster Arrested In Dubai Over US$2 Million by AnanseK(m): 3:33pm On Aug 23, 2013
Where in Nigeria is Ebonyi state?
Re: Suspected Nigerian Fraudster Arrested In Dubai Over US$2 Million by Bizibi(m): 3:33pm On Aug 23, 2013
No matter what u do nemesis must catch up with u directly or indirectly if u look at the politicians u will find out that most of deir children are wayward and drug addicts, so we all have to be careful money without happiness and peace be like pepper for inside person yarnsh
Re: Suspected Nigerian Fraudster Arrested In Dubai Over US$2 Million by Burger01(m): 3:34pm On Aug 23, 2013
Itumo Anthony Chidebere.. undecided
Re: Suspected Nigerian Fraudster Arrested In Dubai Over US$2 Million by Okeikpu(m): 3:35pm On Aug 23, 2013
okpara ugo: Playing smart on a woman's money.
So what do u hv to say about our leders We shud start from head to d toe..
Re: Suspected Nigerian Fraudster Arrested In Dubai Over US$2 Million by 9jatatafo(m): 3:42pm On Aug 23, 2013
Why can't the police or interpol question the woman's source of money? She parting with 2 million dolls just like that was too easy. How many Dubai citizens come to buy properties in Ajah or Abuja? Nigeria is a failed state that is why those who stole our money loose their money easily after all they did not work for it. If the said woman worked hard to earn the $2 Milla, she for dey wise and careful. 9ja police go trap the guy and u know how much their percentage go be?
Re: Suspected Nigerian Fraudster Arrested In Dubai Over US$2 Million by pbling: 3:48pm On Aug 23, 2013
trace d source of d woman cash,free d suspet is God blesin
Re: Suspected Nigerian Fraudster Arrested In Dubai Over US$2 Million by achi4u(m): 4:02pm On Aug 23, 2013
Why allow urself to be apprehended?


the law of karma!
Re: Suspected Nigerian Fraudster Arrested In Dubai Over US$2 Million by Iykeponti(m): 4:06pm On Aug 23, 2013
May God bless all the fraudsters in d world especially in 9ja, can u guys shout amen...sad poverty no dey hear grammar o sad okpo adi anu oyibo ma aguu daa grin
Re: Suspected Nigerian Fraudster Arrested In Dubai Over US$2 Million by Iaz93: 4:49pm On Aug 23, 2013
Samabu07:
When last you see $100 it must not be yours o, like you walking by and saw $100 bill in some one's hand.
Rubbish!!! Na your type promotes bad image for this country. So should have stolen $1bn before Authorities would act. You deserve a ban for a while. Perhaps need a psychological re-evaluation. Like seriously.
DEAD
Re: Suspected Nigerian Fraudster Arrested In Dubai Over US$2 Million by BankuTilapia: 6:34pm On Aug 23, 2013
Not surprise cuz nigerians n fraud are highly related.

1 Like

Re: Suspected Nigerian Fraudster Arrested In Dubai Over US$2 Million by oduaboy1: 8:36pm On Aug 23, 2013
Banku&Tilapia:
Not surprise cuz nigerians n fraud are highly related.
was this guy also nigerian



Kweku Adoboli, a 31-year old City trader at UBS, suspected of carrying out Britain�s biggest banking fraud was arrested at his desk after posting an internet message saying: �I need a miracle.
Mr Adoboli is alleged to have lost �1.3?billion before his bosses at the Swiss-based investment bank UBS discovered the rogue trades.
The scandal wiped �4?billion off the value of shares in UBS, affecting thousands of pensioners whose funds had invested in thecompany.
It also shook City workers who thought bankshad eliminated such risks following the case of J�r�me Kerviel, the Paris-based Soci�t� G�n�rale worker who lost �4?billion in 2008.
Mr Adoboli was held at 3.30am yesterday at UBS�s Finsbury Avenue office in London after the firm contacted City of London Police at 1am when the alleged fraud was uncovered.
Last night he was being questioned on suspicion of fraud and abuse of position.
The Ghanaian-born banker, a graduate of Nottingham University, works as a �market maker�, advising clients on the prices at which they should buy and sell shares or other assets.
Exactly how he is alleged to have racked up such huge losses is unclear. The bank�s �1.3?billion loss compares with �827?million lost by Nick Leeson in 1995, which caused thecollapse of Barings Bank.
Mr Adoboli�s father John, a retired United Nations employee, said from his home in Tema, Ghana, that his son had made �a mistake or wrongful judgment�.
He said: �We are all here reading all the materials and all the things being said about him. The family is heartbroken because this is not our way of life.
�I brought them up to be God-fearing and to appreciate decency. Growing up and through to school days they were very brilliant and respectful.�
Mr Adoboli was educated at the �19,635-per-year Ackworth boarding school near Pontefract, West Yorks, and is described as a �computer whiz� by friends. Neighbours said he had been working long hours recently, often at night, and rarely seemed to be at his east London home.
Before he was arrested, he had changed his status on his Facebook page to �I need a miracle�.
The loss uncovered by UBS is almost exactly the same amount the bank was trying to saveby cutting 3,500 jobs from its worldwide empire. The bank insisted none of its clients had lost money as a result of the trades, but City analysts said UBS could suffer �significantreputational damage�.
Louise Cooper, of BGC Partners, said: �Rich people tend not to want to do business with a bank where there are questions over risk control.�
The bank said the unauthorised trades could lead to it losing money in the third quarter of the year. Oswald Gruebel, UBS�s chief executive, described the loss as �distressing� and said he �will spare no effort to establish how it happened�.
Mr Adoboli, who until recently lived in a �1,000-a-week loft apartment in the City, is described by friends as �a really relaxed, happy guy�.
Recently, however, he had spoken to friends about the pressures of working in the City following the financial downturn, describing it as a �fight�. In a statement, UBS said: �UBS has discovered a loss due to unauthorised trading by a trader in its investment bank.
�The matter is still being investigated, but UBS�s current estimate of the loss on the trades is in the range of $2?billion. It is possible that this could lead UBS to report a loss for the third quarter of 2011. No client positions were affected.�
Mr Adoboli�s arrest came on the third anniversary of the collapse of Lehman Brothers, seen as the pivotal moment in the worldwide banking crisis.
UBS was one of the banks which had to bailed out at the height of the banking crisis, accepting help from the Swiss government because of its �toxic� assets in 2008. In the same year it was accused by the FBI of helping clients to evade tax, and agreed to pay a fine of $780?million (�493? million).UBSemploys 6,000 people in the UK and 65,000 worldwide. Its staff were told about the alleged fraud in a round-robin email yesterday morning.
The news brings into question the role of the Financial Services Authority, which failed to spot the unauthorised trades despite regulations which
require banks to monitor their employees� trading positions on an hourly basis.
http://www.telegraph.co.uk/finance/n...UBS- 1.3bn.html
Re: Suspected Nigerian Fraudster Arrested In Dubai Over US$2 Million by BankuTilapia: 11:28am On Aug 24, 2013
odua boy: was this guy also nigerian



Kweku Adoboli, a 31-year old City trader at UBS, suspected of carrying out Britain�s biggest banking fraud was arrested at his desk after posting an internet message saying: �I need a miracle.
Mr Adoboli is alleged to have lost �1.3?billion before his bosses at the Swiss-based investment bank UBS discovered the rogue trades.
The scandal wiped �4?billion off the value of shares in UBS, affecting thousands of pensioners whose funds had invested in thecompany.
It also shook City workers who thought bankshad eliminated such risks following the case of J�r�me Kerviel, the Paris-based Soci�t� G�n�rale worker who lost �4?billion in 2008.
Mr Adoboli was held at 3.30am yesterday at UBS�s Finsbury Avenue office in London after the firm contacted City of London Police at 1am when the alleged fraud was uncovered.
Last night he was being questioned on suspicion of fraud and abuse of position.
The Ghanaian-born banker, a graduate of Nottingham University, works as a �market maker�, advising clients on the prices at which they should buy and sell shares or other assets.
Exactly how he is alleged to have racked up such huge losses is unclear. The bank�s �1.3?billion loss compares with �827?million lost by Nick Leeson in 1995, which caused thecollapse of Barings Bank.
Mr Adoboli�s father John, a retired United Nations employee, said from his home in Tema, Ghana, that his son had made �a mistake or wrongful judgment�.
He said: �We are all here reading all the materials and all the things being said about him. The family is heartbroken because this is not our way of life.
�I brought them up to be God-fearing and to appreciate decency. Growing up and through to school days they were very brilliant and respectful.�
Mr Adoboli was educated at the �19,635-per-year Ackworth boarding school near Pontefract, West Yorks, and is described as a �computer whiz� by friends. Neighbours said he had been working long hours recently, often at night, and rarely seemed to be at his east London home.
Before he was arrested, he had changed his status on his Facebook page to �I need a miracle�.
The loss uncovered by UBS is almost exactly the same amount the bank was trying to saveby cutting 3,500 jobs from its worldwide empire. The bank insisted none of its clients had lost money as a result of the trades, but City analysts said UBS could suffer �significantreputational damage�.
Louise Cooper, of BGC Partners, said: �Rich people tend not to want to do business with a bank where there are questions over risk control.�
The bank said the unauthorised trades could lead to it losing money in the third quarter of the year. Oswald Gruebel, UBS�s chief executive, described the loss as �distressing� and said he �will spare no effort to establish how it happened�.
Mr Adoboli, who until recently lived in a �1,000-a-week loft apartment in the City, is described by friends as �a really relaxed, happy guy�.
Recently, however, he had spoken to friends about the pressures of working in the City following the financial downturn, describing it as a �fight�. In a statement, UBS said: �UBS has discovered a loss due to unauthorised trading by a trader in its investment bank.
�The matter is still being investigated, but UBS�s current estimate of the loss on the trades is in the range of $2?billion. It is possible that this could lead UBS to report a loss for the third quarter of 2011. No client positions were affected.�
Mr Adoboli�s arrest came on the third anniversary of the collapse of Lehman Brothers, seen as the pivotal moment in the worldwide banking crisis.
UBS was one of the banks which had to bailed out at the height of the banking crisis, accepting help from the Swiss government because of its �toxic� assets in 2008. In the same year it was accused by the FBI of helping clients to evade tax, and agreed to pay a fine of $780?million (�493? million).UBSemploys 6,000 people in the UK and 65,000 worldwide. Its staff were told about the alleged fraud in a round-robin email yesterday morning.
The news brings into question the role of the Financial Services Authority, which failed to spot the unauthorised trades despite regulations which
require banks to monitor their employees� trading positions on an hourly basis.
http://www.telegraph.co.uk/finance/n...UBS- 1.3bn.html

With all diz nonsense i bet u neva did summary at school. Nigerians r more criminally minded than any Africans. cheesy

1 Like

Re: Suspected Nigerian Fraudster Arrested In Dubai Over US$2 Million by Ama28(f): 11:37am On Aug 24, 2013
Survival of the fittest!
People have no conscience these days!

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