TIKTOK: How Criminals Use Livestream Gifting to ‘Wash’ Their Illicit Funds

TikTok, the globally popular social media platform, has recently come under scrutiny for its potential misuse in money laundering schemes. Criminals have exploited TikTok’s features, particularly its live-streaming and virtual gifting systems, to “wash” illicit funds, making them appear legitimate. This article delves into the mechanisms behind this exploitation, providing a detailed exposition of the methods employed. Understanding TikTok’s…

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Nollywood Mourns as Dimeji Ajibola, Director of Shanty Town, Passes Away

Renowned Nigerian filmmaker Dimeji Ajibola, known for directing the popular movie Shanty Town, has passed away. His death was confirmed by fellow director Samuel Olatunji, who expressed sadness over the loss. Until his death, Ajibola directed visuals including ‘Shanty Town’, ‘Slum King’, ‘Hoodrush’, ‘Ovy’s Voice’, and ‘Wura’ and won several laurels including Best Actor and Soundtrack at the Nollywood…

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Canadian woman arrested for smuggling ‘Canadian Loud’ into Nigeria

Lagos airport saw a quieter landing than expected when NDLEA officials intercepted Adrienne Munju, a 41-year-old Canadian, attempting to smuggle a substantial quantity of ‘Canadian Loud’—a premium cannabis variant. Instead of its intended hush-hush delivery, the potent package raised alarms, landing both Munju and her cargo in custody. The NDLEA acted swiftly, ensuring the contraband’s relocation to a different…

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