The Nigeria Police Force National Cybercrime Centre (NPF-NCCC) has successfully dismantled a sophisticated cross-border fraud syndicate and arrested multiple suspects involved in high-profile financial crimes.
The operations, conducted under the leadership of Inspector-General of Police Olatunji Rilwan Disu, mark a significant crackdown on business email compromise and international investment scams.
In a primary breakthrough, detectives arrested Agbor Martins Black-Diamond, also known as Oruojong Black Diamond Agbor Martins, for allegedly posing as an official of the World Bank and other U.S.-based donor organisations. The arrest followed a petition from the East Africa Sub-Saharan Africa Safe Promotion (EA-SSASPF) Foundation in Nairobi, Kenya.
Investigations revealed that the suspect allegedly defrauded Kenyan nationals Julius and Cynthia Kithome of $250,000 over three years. The victims were led to believe the funds were for administrative fees required to unlock massive donor grants.
To maintain the facade, the suspect organised sham symposiums across Nigeria and South Africa. By 2024, he reportedly convinced the victims to secure a bank loan against their family property to access a non-existent $850,000 “empowerment fund” in Ghana.
Financial analysis confirmed substantial inflows from the victims, including nearly $58,000 sent in the first half of 2023 alone. Police found that the suspect’s initial entity was unregistered, leading him to incorporate “United African Continent Limited” in late 2024 to legitimise his operations.
Authorities also discovered he had extended his scheme to local farmers in the Kuje Area Council, collecting ₦50,000 from individuals under the guise of capacity-building programs.
In a separate operation on April 3, 2026, the NPF-NCCC apprehended Chinedu Mbachu, a former employee of NewLife Ventures Makurdi. Mbachu is accused of unauthorised system modification, cybersquatting, and the diversion of company funds into his personal bank accounts. Police recovered a mobile phone and various identity documents during his arrest.
The Cybercrime Centre further concluded an investigation into an ₦85 million Business Email Compromise (BEC) case involving a private investment firm. Two suspects, 31-year-old employee Ayodele Daramola and 29-year-old Dada Babatunde Oluwatobi, were taken into custody.
Investigators allege that Daramola, who worked in investment booking, exploited internal systems to siphon company funds between May and December 2025.
The money was reportedly channelled through a commercial bank account belonging to Oluwatobi, who is not a staff member of the firm. The duo now faces charges ranging from money laundering and forgery to breach of data privacy. #Securitynewsalert.com
