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Monday, March 3, 2025

Fraudsters steal N329m using images for BVN enrolment

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Fraudsters have stolen N329m by using static images to register for Bank Verification Numbers. This is according to a new report by the Nigeria Inter-Bank Settlement System, which outlines emerging fraud trends in Nigeria’s financial sector. According to the report obtained by Sunday PUNCH, some unscrupulous BVN enrollment agents facilitated the scheme by registering still

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