A federal court in Lagos, Nigeria, convicted two Chinese citizens on Wednesday on charges of “cyber-terrorism,” accused and pleading guilty of participating in a massive “cryptocurrency, investment and romance” fraud scheme.
The case is the latest of Chinese nationals engaging in illicit business practices in Africa, empowered by the growing presence of the Chinese Communist Party on the continent. Like many of its peer nations, Nigeria is an active participant in the Belt and Road Initiative (BRI), a Chinese government scam in which Beijing offers predatory loans to participating countries meant to be used on infrastructure projects built by…
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