According to the spokesperson for the command, SP Hauwa Idris-Adamu, the suspects, who specialized in hacking local banks, were apprehended at their hideout in Ijebu Ode, Ogun State, following a petition by the United Bank for Africa. Efforts are underway to apprehend other individuals involved in the crime.
“On May 8, 2023, a petition was submitted by United Bank for Africa to the Assistant Inspector General of Police, reporting a syndicate involved in internet fraud targeting various banks in Nigeria, particularly United Bank for Africa. They hacked into customers’ accounts and transferred their funds,” the statement read.
In response to the petition, a team of detectives from the Zonal Monitoring Unit, with the aid of modern technology, swung into action and successfully tracked down two suspects, Yusuf Ademola (40) and Adesina Abiodun (50), at their hideout in Ijebu Ode, Ogun State.
The suspects confessed to their involvement in the crime, admitting that they had several syndicates across Nigeria. They utilized software to hack into customers’ accounts and move money undetected from any bank of their choice. The fraudsters’ modus operandi involved having access to a customer’s BVN-linked phone number and bank alert for seamless money transfers.
The spokesperson, Idris-Adamu, revealed that over 1000 customers’ accounts had been hacked and defrauded nationwide. The investigation further revealed that the syndicate members were from different parts of the country.
Law enforcement agencies are actively working to apprehend all the suspects involved in criminal activity. The investigation is still ongoing, and once completed, the suspects will be arraigned in court.