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Nigerian Man Accused in €800,000 Credit Card Fraud Scheme Linked to AI-Generated Fake Documents and Weekly Benefit Trips to Ireland
A Nigerian national based in London has been charged in connection with a large-scale money laundering and fraud investigation involving alleged losses of more than €800,000, with a court hearing revealing that he was travelling weekly to Dublin to collect social welfare payments. The accused, father-of-seven Olatunde Salawe, is facing multiple charges arising from an investigation conducted by the Garda National Economic Bureau into the alleged use of artificial intelligence
Apr 283 min read


Trump’s Call for Credit Card Rate Cap Sends U.S. and UK Banks Tumbling
U.S. financial stocks and UK-listed lenders fell sharply on Monday after President Donald Trump proposed a one-year cap on credit card interest rates, threatening a significant revenue stream for the sector. Investors are now weighing the impact of the proposal amid ongoing interest-rate uncertainty, a development that may undercut the potential boost from a rotation into value stocks. On Friday, Trump called for a 10 per cent cap on credit card interest rates starting Januar
Jan 142 min read
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