Skip to content

Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.

Click Now!


OFAC sanctions Nigerians for scams targeting U.S. victims

The Treasury Department announced on Tuesday that OFAC, in an action coordinated with the Justice Department, took action against six Nigerian nationals for conducting an elaborate scheme to steal over six million dollars from victims in the United States. The individuals designated have targeted U.S. businesses and individuals through deceptive global threats known as business email compromise (BEC) and romance fraud.

Tuesday's action includes the designation of six individuals conforming to Executive Order 13694, as amended by Executive Order 13757, which targets malicious cyber-enabled activities, including those related to the significant misappropriation of funds or economic resources for private financial gain.

As a result of Tuesday’s action, all property and interests in property of the designated persons that are in the possession or control of U.S. persons or within or transiting the United States are blocked, and U.S. persons generally are prohibited from dealing with them.

For information on the identities of the designated individuals, see BankersOnline's OFAC Update.

Filed under: 

Training View All

Penalties View All

Search Top Stories