Two Nigerian men have been sentenced for their roles in a scam that defrauded a Tennessee resident of $400,000. This case highlights the ongoing issue of financial fraud, particularly targeting vulnerable individuals. In a related incident, a 73-year-old man experienced financial ruin when scammers drained his life savings from his bank account in just 25 minutes. Additionally, an Oklahoma woman with Parkinson’s Disease was duped out of $20,000 in a bitcoin scam. The Economic and Financial Crimes Commission (EFCC) in Nigeria, led by Chairman Ola Olukoyede, has pledged to intensify efforts to combat corruption, particularly within the insurance sector, and is investigating fraudulent activities linked to delayed settlements in Nigerian insurance companies. Recent reports also indicate that four Nigerian nationals were jailed in the U.S. for their involvement in romance and investment scams, further underscoring the international dimension of these fraudulent schemes.