Suspected Fraudster Caught Buying Bank Accounts Of Nigerians
The Economic and Financial Crimes Commission (EFCC) has said that its operatives of the Benin Zonal Directorate arrested a suspected internet fraudster, Olawole Sunday, over his alleged involvement in a scheme involving the purchase of bank account details for fraudulent activities.
According to the EFCC, Sunday specialised in persuading young individuals to open multiple bank accounts, which he then bought for sums ranging from N25,000 to N50,000.
In exchange, he collected full access to the accounts, including Automated Teller Machine (ATM) cards and other sensitive banking information.
The commission disclosed that Sunday allegedly used one of these accounts, belonging to one Uyi Godstime Eghosa, to defraud a petitioner of N2 million under the pretense of forex trading.
The EFCC said that Eghosa was initially arrested by its operatives, and that during interrogation, he claimed ignorance of the fraudulent transaction, stating that he had sold the account to Sunday for N25,000.
His statement led investigators to the eventual arrest of Sunday.
Upon his arrest, Sunday reportedly confessed to the crime and admitted to using purchased account details to scam unsuspecting victims.
The EFCC said that the suspect will be charged to court as soon as investigations are concluded.
The commission reiterated its warning to the public, especially youths, against selling or sharing their bank account information, noting that such actions could implicate them in criminal activities.
