NAFDAC Arrests Fraud Syndicate That Scammed Foreign Firms Up To $950,000
Ifendu was apprehended on February 7, 2025, after a petition from Thani Almaeeni Trading Group in Abu Dhabi, UAE, while attempting to register dried fish (seafood).
The National Agency for Food and Drug Administration and Control (NAFDAC) has arrested Mr. Ikoro Mang Ifendu, a resident of Aba, Abia State, for operating a fraudulent syndicate that impersonated NAFDAC officials to defraud foreign companies.
Ifendu was apprehended on February 7, 2025, after a petition from Thani Almaeeni Trading Group in Abu Dhabi, UAE, while attempting to register dried fish (seafood).
Investigations revealed that the syndicate ran an elaborate scam using fraudulent legal and banking channels to extract payments from foreign firms.
They controlled 15 domiciliary accounts and five local accounts across seven Nigerian banks, with over $950,000 flowing through the accounts.
Additionally, an estimated $450,000 was traced to offshore accounts in Cotonou, Benin Republic. Some victims continued making payments, with a recent alert indicating an extra $75,000 deposit.
“NAFDAC’s investigation exposed falsified documents, including fake product registration certificates, revenue receipts, and telegraphic transfer documents used to extort unsuspecting businesses,” the agency stated.
“Several foreign firms, including Japan Long Tie (China), Aquaforest SP (Poland), Vincenzo Frecentese (Italy), and Siam Canadian China Limited, fell victim to this scam.”
The agency confirmed that the case would be transferred to the Economic and Financial Crimes Commission (EFCC) for further investigation.
“The application of the Proceeds of Crime Act (POCA) will be considered to recover illegally acquired assets,” NAFDAC added.
NAFDAC issued a strong warning to businesses against engaging with agents or consultants for product registration. “Companies seeking NAFDAC approvals should visit registration.nafdac.gov.ng for product registration and verification of NAFDAC-regulated products,” the agency stated.
The regulatory body reaffirmed its commitment to protecting public health and ensuring compliance with Nigeria’s food and drug regulations.
