The Economic and Financial Crimes Commission (EFCC) has arrested four suspects for allegedly breaching bank systems and withdrawing funds fraudulently.
The suspects are Chima Nwigwe, Effiong Emmanuel, Mohammed Mahmud, and Damian Ali, Punch reports.
EFCC spokesperson Dele Oyewale said the accused gained unauthorized access to banks’ computer systems, enabling them to withdraw huge sums from depositors’ accounts through various digital platforms.
The statement reads:...Read Full Article [Click Here>]
“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.”
