HomeNewsFraudsters target bank, movescustomer’s N523m into 225accounts

Fraudsters target bank, movescustomer’s N523m into 225accounts

-

Juliana Francis

The Police Special Fraud Unit (SFU), Ikoyi, Lagos State, said it had arrested two suspects in connection with the alleged crime of infiltrating a customer’s account domiciled in an old generation bank and transferred into 225 different accounts in various financial institutions.

The SFU Police Public Relations Officer (PPRO), a superintendent of police, Eyitayo Johnson explained that the hackers transferred N523,337,100.00 to 18 different customers’ Accounts and dissipated the same via Unified Payments Interface (UPI), Cash/ATM/POS/Withdrawals and e-transfers.

The image maker further explained that the SFU legal section, headed by a Chief Superintendent of Police, E. A. Jackson, Esq; successfully obtained an order of the Federal High Court sitting in Lagos for the Preservation, Forfeiture and  Attachment of a net sum of N523,337,100.00 fraudulently transferred by internet fraudsters who hacked the customer’s account domiciled in one of the old-generation banks and posted the funds into18 different accounts in the same bank before transmitting same to 225 other accounts in 22 Financial Institutions.

Johnson said: “The coordinated cyber-attack was carried out during the weekend of Saturday 23rd April, 2022, through Sunday 24th April, 2022 to the early hours of Monday 25th April, 2022 before the business opened. In the investigation, the sum of N160,287,071.47 was recovered from different Banks; with two suspects arrested, while operatives are following other leads to apprehend the remaining members of the syndicate. The suspects will be charged to Court as soon as investigations are concluded.”

SUPPORT US

At Priceless Media Publishing Nig. Ltd /Securitynewsalert.com, we are steadfast in our commitment to independent journalism: reporting that is fearless, impartial, and free from the interference of powerful personalities, politicians and government interests.

Without corporate sponsorships or political affiliations, our ability to investigate freely rests in the hands of the people we serve—you!

Every donation helps us expose the truth, amplify silenced voices, and hold power accountable.
Stand with us because journalism should serve the people, not power.

• Account Name: PRICELESS MEDIA PUBLISHING NIG. LTD
• Account Number: 1943445259
• Bank Name: ACCESS Bank

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Series #74: Generating Family Code Words Is Highly Beneficial

Every family should consider creating simple code words or signals that can be used during emergencies. These private codes can help family members communicate discreetly...

FENRAD Backs Abia Security, Digital Reforms, Calls for Rights-Based Enforcement

The Foundation for Environmental Rights, Advocacy and Development (FENRAD) Nigeria has commended the Abia State Government for introducing measures aimed at strengthening security and expanding...

Ogun Police Deploy Tactical Teams to Sagamu–Benin Expressway After Security Incident

The Ogun State Police Command has deployed maximum operational resources to the Sagamu–Benin Expressway following a reported security incident around the J3 area of the...

US Special Operations Africa Commander Commends Operation HADIN KAI Partnership, Operational Progress

The United States and Nigeria have reaffirmed their commitment to defeating insurgency in West Africa following a high-level military summit in Borno State. The Commander of...

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe

Most Popular

spot_img