The Economic and Financial Crimes Commission (EFCC) has arrested a suspected fraudster, Olawole Sunday, for buying bank accounts’ details from individuals to defraud unsuspecting members of the public.
EFCC disclosed this on Monday, noting that Sunday was apprehended by its operatives of the Benin Zonal Directorate.
The anti-graft agency revealed that the suspect’s modus operandi involved encouraging young people to open multiple bank accounts, pay them either ₦25,000 or ₦50,000 for each account and collect their bank details, including Automated Teller Machine (ATM) cards.
“Sunday allegedly employed the account details of one Uyi Godstime Eghosa to defraud a petitioner the sum of ₦2 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.
“Eghosa explained that he relinquished his account details, including his ATM card, to Sunday after a ₦25,000 (Twenty-five Thousand Naira) payment to him,” the Commission stated.
It added that Sunday, upon his arrest, confessed to the crime and would be charged to court as soon as investigations are concluded.
