Consumer Protection · Fraud
Past coverage from 0 countries · Last active May 10, 2026
This topic isn't active right now. Last covered May 10, 2026. See today's headlines.
40 Years Ago, 'Clean Universal Powder' Was Ineffective, Accused of Fraud, Lawyer Points Out Key to Acquittal
- A man who sold a cleaning product called "Clean Universal Powder" 40 years ago was acquitted of fraud charges. - The court found that there was no established standard in Taiwan to test the effectiveness of cleaning agents. - The prosecution failed to prove that the seller knowingly sold an ineffective product.
Call to CBN for stronger regulatory action on unresolved frauds and irregularities
- Nigerian bank customers have recently experienced a surge in frauds, unauthorized transactions, and excessive charges. - Many customers have escalated these issues to the Central Bank of Nigeria’s C…
