EFCC in Edo nabs female cyber fraudster on FBI list
The Acting Chairman, Economic and Financial Crime Commission (EFCC), Ibrahim Magu, has said the commission has arrested a female suspected cyber fraudster in Edo State. The commission also disclosed that it arrested 113 internet fraudsters and secured the conviction of 53 others from January to date. Magu, who was represented by the Head of Benin […]
The Acting Chairman, Economic and Financial Crime Commission (EFCC), Ibrahim Magu, has said the commission has arrested a female suspected cyber fraudster in Edo State.
The commission also disclosed that it arrested 113 internet fraudsters and secured the conviction of 53 others from January to date.
Magu, who was represented by the Head of Benin Zonal office, Muhtar Bello, disclosed this to journalists, yesterday in Benin, where he said the female suspect, whose name he did not mention, was working in collaboration with foreign counterparts in dark web.
He said, “The suspect is involved in obtaining and stealing people’s identification information and sending them to her American collaborator. They used the information to file for fraudulent tax return with the Internal Revenue Service.”
He said the suspect has received her share of about 185 Bitcoins which current value is about N656,371,490 and that the money has been traced to her.
Magu explained that the suspect used the proceeds to open businesses which have been confiscated by the commission, saying that the name could not be disclosed in order not to jeopardize investigations.
He further disclosed that the commission has arrested two siblings allegedly involved in business of email compromise.
“The suspects modus operandi was searching for victims email addresses, especially official business email addresses, create a phishing link and compromising the process in order to defraud unsuspecting victims,” the EFCC boss said.
He said over 30 exotic cars, computers, mobile phones, flash drives, internet modems and charms were recovered from the 113 arrested suspects.