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EFCC arrests suspected internet fraudster over bank account scheme

The EFCC has apprehended Olawole Sunday, suspected of buying bank account details for online fraud, following a £2 million forex scam.

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EFCC convicts internet fraudsters

The EFCC has apprehended Olawole Sunday, suspected of buying bank account details for online fraud, following a £2 million forex scam

 

Operatives of Nigeria’s Economic and Financial Crimes Commission (EFCC) have apprehended one Olawole Sunday, a suspected internet fraudster accused of orchestrating a scheme involving the purchase of bank account details from individuals for the purpose of perpetrating financial crimes.

Also read:EFCC Charges Students to Steer Clear of Cyber Crimes

In a statement released on Monday by the EFCC’s head of Media and Publicity, Dele Oyewale, it was revealed that Sunday’s alleged fraudulent operation involved the recruitment of young individuals to open multiple bank accounts.

Oyewale stated that Sunday purportedly paid these individuals sums ranging between N25,000 and N50,000 for each bank account they opened, subsequently collecting their complete banking details, including their Automated Teller Machine (ATM) cards.

The EFCC detailed how the investigation began when Sunday allegedly utilised the account details of one Uyi Eghosa to defraud an unsuspecting victim of N2 million under the false pretence of engaging in lucrative forex trading.

Following the fraudulent transaction, Eghosa was arrested by EFCC operatives. During the course of interrogation, Eghosa claimed complete ignorance of the illicit use of his bank account.

He informed investigators that he had handed over his account details and ATM card to Sunday in exchange for a payment of N25,000.

Oyewale elaborated on the operation leading to Sunday’s arrest, stating, “Operatives of the Benin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, have arrested one Olawole Sunday, a suspected fraudster who specialised in buying bank accounts’ details from individuals with which he defrauds unsuspecting members of the public.

Sunday’s modus operandi involved encouraging young people to open multiple bank accounts, pay them either N25,000 or N50,000 for each account and collect their bank details, including Automated Teller Machine cards.”

The EFCC spokesperson further explained, “Sunday allegedly employed the account details of one Uyi Eghosa to defraud a petitioner of the sum of N2 million under the guise of trading in forex.

The account owner, Eghosa, was arrested, and his disclosure that he was unaware that his account was used in defrauding members of the public led to Sunday’s arrest.”

Oyewale confirmed that upon his arrest, Sunday confessed to the alleged crime. He added that the suspect would be formally charged in court as soon as the ongoing investigations are concluded.

 

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Wema Bank Unveils New Jingle for ALAT: The Evolution

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Wema Bank has introduced a new jingle to mark the next phase of its digital banking journey, tagged the ALAT: The Evolution jingle. Designed to capture the energy of a smarter and more seamless banking experience, the jingle is bright, catchy, and full of life. It reflects a platform built to simply work, pairing sound with innovation as ALAT: The Evolution steps forward with enhanced features and a refreshed user experience.

Everyday banking can often feel routine or even stressful, with multiple steps and delays slowing things down. The ALAT: The Evolution jingle reimagines that experience with a lively and confident tone that mirrors the app’s capabilities. From voice banking with SAW to Tap and Pay and bank uptime prediction, each feature is echoed in the rhythm and flow of the sound. It brings to life the speed, convenience, and reliability that define this new phase of ALAT: The Evolution.
More than just music, the ALAT: The Evolution jingle represents a clear statement of intent. It signals a shift towards banking that feels natural, responsive, and in tune with the user. As customers update their app and explore ALAT: The Evolution, the jingle serves as a reminder that a better, smoother way to bank is already here. Wema Bank is not just evolving its technology; it is shaping how banking feels.

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Governor Dauda Lawal Approves Gratuity Payment

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The Zamfara State Government, under the visionary leadership of Governor Dauda Lawal, has approved the release of funds for the payment of Gratuity Batch 3 for the 2024/25 period. This decisive action underscores the administration’s unwavering commitment to the welfare of retired civil servants who dedicated years of service to the state’s development.

The Accountant General of the State is already working diligently to ensure that all eligible retirees receive their payments promptly and efficiently, reflecting the government’s resolve to uphold transparency and accountability in the disbursement process.

This timely gratuity payment is a testament to Governor Dauda Lawal’s people-centered leadership, which recognizes the sacrifices and contributions of retirees to the progress and stability of Zamfara State. It also reaffirms the government’s pledge to honor its financial obligations without unnecessary delays.

The Zamfara State Government calls on all retirees in the affected batch to exercise patience as the necessary administrative and financial processes are finalized. Every effort is being made to ensure smooth and uninterrupted payments.

This initiative is part of Governor Dauda Lawal’s broader vision to empower citizens and retirees, strengthen confidence in public service, and sustain the morale of those who have committed their lives to the growth of Zamfara State.

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Rivers Police Arrest Suspect in Brutal Murder Case

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Rivers

Rivers police murder arrest suspect as officers recover body of victim in Etche killing and intensify search for other suspects

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