Nigeria Police Force (NPF) has arrested a man identified as Agbor Martins Black-Diamond for allegedly impersonating a World Bank official and orchestrating a large-scale fraud targeting both foreign and local victims.
Gatekeepers News reports that according to police authorities, the suspect was apprehended on March 31, 2026, following intelligence received from a Nairobi-based organisation, the East Africa Sub-Sahara Africa Safe Promotion Foundation.
Investigations revealed that the suspect falsely presented himself as a representative of the World Bank and other international donor agencies, convincing victims to part with huge sums of money under the guise of accessing funding opportunities.
Two Kenyan nationals were among the victims, reportedly transferring a total of $250,000 over three years as “registration and administrative fees” to unlock supposed donor funds. However, no such funding ever existed.
Police said the suspect went further in 2024 by persuading the victims to obtain a bank loan using family property as collateral, promising access to a fictitious $850,000 empowerment fund in Ghana.
To sustain the deception, he allegedly organised fake symposiums in Nigeria and South Africa, creating the impression of legitimacy. Authorities also discovered that he extended the scheme locally, collecting ₦50,000 from farmers in Abuja’s Kuje area under the pretext of empowerment programmes.
Further findings showed that one of his entities was unregistered, prompting him to later establish another company to give credibility to his operations.
The police described the arrest as part of a broader crackdown on cybercrime, noting that the operation led to the dismantling of a transnational fraud network.
Authorities said investigations are ongoing, with efforts focused on identifying additional accomplices and recovering stolen funds.
