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Police Arrest, Extradite Chinese Fugitive Over $245m Ponzi …
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Police Arrest, Extradite Chinese Fugitive Over $245m Ponzi Fraud Allegations
Nigerian authorities have arrested a Chinese fugitive linked to a $245 million Ponzi scheme. The suspect has been extradited to China to face trial for the allegations.
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The Briefing Africa
May 7, 2026 · 08:32 · 5 min read
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Nigerian authorities have arrested a Chinese fugitive linked to a $245 million Ponzi scheme. The suspect has been extradited to China to face trial for the allegations.
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The extradition highlights Nigeria's commitment to international cooperation in combating financial crimes. This case may also strengthen ties between Nigeria and China in legal matters.