Fraudsters are on the loose in Nigeria where banks are targets in fraudulent financial crimes that have affected the country, individuals, and companies negatively. In 2024, Nigeria lost N52.3 billion ($34m) to fraudsters and fraudulent bank transactions. Financial crimes were committed by scammers commonly known as Yahoo Boys but now have taken a new dimension involving foreigners, like Indians, Pakistanis, and Chinese, among others. DW’s Eddy Micah Jr. speaks to Aminu Philip, a retired Banker, and Ben Adam Shemang in Abuja. #dwafrica #dwafricalinkpodcast #nigeria
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