WATCH THE VIDEO HERE The Economic and Financial Crimes Commission (EFCC) have apprehended four individuals suspected of breaking into bank systems and withdrawing money without authorization following an increase in fraudulent bank cases.
The EFCC’s spokesperson, Dele Oyewale, in a statement on Wednesday, disclosed that the suspects had illegal access to banks’ databases, which allowed them to withdraw large amounts of money from depositors’ accounts via various online channels. The statement reads: “The Economic and Financial Crimes Commission, EFCC, has arrested Chima Anthony Nwigwe, suspected leader of banks’ hacking syndicate alongside three others: Effiong Victor Emmanuel, Mohammed Bello Mahmud, managing director, Downstone Ultimate Limited and Daminan Ali for alleged conspiracy, unauthorized access to banks’ computer systems and fraudulent withdrawal of depositors’ funds. “They were arrested in a sting operation in Abuja following actionable intelligence about their suspected involvement in hacking, compromising databases of commercial banks, thereby causing fraudulent transfers and withdrawals through different digital platforms.” The commission included that the suspects would be made to face the law immediately after investigations are concluded.
EFCC nabs four bank hackers in Abuja
