The Zone 2 Police Command in Lagos State has officially announced the apprehension of two individuals belonging to a criminal group involved in hacking over 1000 bank accounts in Nigeria.
The spokesperson for the command, SP Hauwa Idris-Adamu, released a statement on Tuesday confirming the arrest of the suspects at their hideout in Ijebu Ode, Ogun State.
The United Bank for Africa had lodged a complaint that led to their arrest. The suspects, identified as Yusuf Ademola (40) and Adesina Abiodun (50), specialized in hacking local banks.
The authorities are actively pursuing the capture of other individuals connected to the syndicate.
Investigations uncovered that the fraudsters operated throughout Nigeria and used software to stealthily access customers’ accounts for unauthorized money transfers.
The criminals exploited the customers’ Bank Verification Number (BVN)-linked phone numbers and bank alerts to facilitate the illicit transactions.
The police have determined that the syndicate members were recruited from different regions of the country.
The investigation remains ongoing, and once completed, the suspects will be prosecuted in court.