A chievers University in Owo, Ondo State, has uncovered a N457.5 million tuition fraud scheme involving current and former staff, students, and an outside accomplice. According to Punch Newspaper, the institution announced on Monday that a newly completed audit of student fee payments revealed that 320 students sent payments to the private account of a former bursary employee across the 2023/2024, 2024/2025, and 2025/2026 academic years. Acting Vice-Chancellor Prof. Oyesoji Aremu said the suspect, an Accounting graduate later hired in the bursary department, resigned in April 2025. She reportedly enticed students with promises of reduced fees and commissions, directing them to pay into her personal account. She then manipulated the university’s payment system to mark their bills as settled, enabling them to receive clearance without the school receiving any funds. Investigators found that 11 staff members, 34 students, and one individual employed at the Federal Medical Centre, Owo, hel...