Crime

EFCC Arrests Five for $257,822 Credit Card Fraud

BY ERIC OLUSESAN

Operatives of the Economic and Financial Crimes Commission, EFCC have smashed a syndicate of alleged fraudsters who specializes in credit card fraud.

The arrested suspects, Daniel C. Stephen, Nestor Ezeani, Sonny Okwaraji, Sylvester E Otuwa and Jeff Ogbonaya, allegedly masterminded the theft of $257,822.16 American Dollars from a new generation bank.

The alleged fraudulent transaction was reported by the Bank through a petition, alleging that the bank received a mail from VISA International on suspected 60 credit card transactions.

The EFCC in a swift action moved and arrested the five suspects at 7th Avenue FESTAC, Lagos.

They were arrested with several credit cards in their possession, which they use in loading money before transferring them to other banks.

Some of the suspects have made useful statements while investigations continue.

They will be charged to court as soon as investigations are concluded.

0 0 votes
Article Rating
towncrierng

Recent Posts

2027: Kwankwaso tears into Atiku, labels him a liar at 80

  The leader of the New Nigeria Peoples Party (NNPP), Rabiu Kwankwaso, has launched a…

1 day ago

Group cautions Odili over alleged inflammatory remarks against Wike

  An interest group, Rivers Restoration Movement (RRM), has cautioned a former Governor of Rivers,…

1 day ago

President Tinubu Praises NNPCL for the Resumption of Operations at Warri Refinery

  President Tinubu expressed assurance that with the Warri Refinery currently running at 60% capacity…

2 days ago

Rivers: Wike replies former governor Odili

  "You know, I didn't want to say anything until someone called me last night…

2 days ago

Atiku’s supporter advises PDP against fielding northern candidate in 2027

  A Lagos State PDP Chieftain and former member, Atiku Abubakar 2023 Presidential Campaign Committee…

3 days ago

Fani-Kayode fires back at Tchiani: ‘Niger can’t match Nigeria’s might’

  Femi Fani-Kayode (FFK), a prominent Nigerian politician and former Minister of Aviation, has dismissed…

3 days ago