The Financial and Monetary Crimes Fee (EFCC) says it has arrested 4 people for allegedly hacking a financial institution’s system in Abuja.
The EFCC disclosed this by way of its X web page on October 29, 2024.
The Fee recognized the suspects as Chima Anthony Nwigwe (described because the alleged chief of the financial institution hacking syndicate) alongside three others: Effiong Victor Emmanuel, Mohammed Bello Mahmud (managing director of Downstone Final Restricted), and Daminan Ali.
The EFCC accused the suspects of conspiring to realize “unauthorized entry to banks’ laptop programs” and making “fraudulent withdrawals of depositors’ funds.”
“They have been arrested in a sting operation in Abuja following actionable intelligence about their suspected involvement in hacking and compromising databases of economic banks, inflicting fraudulent transfers and withdrawals via varied digital platforms,” the EFCC added, with out revealing the title of the stated financial institution.
The anti-graft company acknowledged that the suspects could be charged in court docket upon the conclusion of investigations.
The FITC report relies on returns from twenty-eight (28) deposit cash establishments within the nation. Based on FITC, 80 such returns have been acquired within the quarter below overview.
Additional evaluation exhibits that twenty-six (26) experiences have been submitted in April, whereas twenty-seven (27) experiences have been acquired in each Could and June.
