The Economic and Financial Crimes Commission (EFCC) has arrested a Cameroonian businessman, Bekono Marc Eric, for allegedly defrauding a bank of about ₦1.5 billion.
Eric, 47, was apprehended in the Ikorodu area of Lagos on Thursday by operatives of the EFCC Zonal Directorate 2 in Ikoyi.
According to the Commission, the suspect is a member of a trans-border syndicate that specialises in credit card fraud.
“Investigations revealed that members of the syndicate open bank accounts in Nigeria, obtain Automated Teller Machine (ATM) cards and PINs, and then move to neighbouring countries, where they use the cards to carry out fraudulent transactions on accounts belonging to customers with high balances,” the anti-graft agency stated.
It added that the suspect will be charged in court upon the conclusion of investigations.
