Seven in Police Net Over Bank Fraud
1 min readThe Lagos State Police Command, has paraded a gang of 7 which specializes in diverting imoney from the bank accounts of dead bank customers.
The gang was headed by 45 years old Osita Nwafor, otherwise known as Ossy and other members identified as, Nwogu Joseph Chika (36), Anthony Odama (43), Ikechukwu Nkem (32), James Okonkwo (51), Adedio Paulinus (29) and Ogundepo Olufemi (51).
Investigation by the police, revealed that the suspects connived with insiders, locally and internationally to execute their criminal activities.
It was further learnt that the suspects operated by going around scouting for obituaries of financially rich persons. They would inturn inform their bank insiders who provided them with the account balance of the deceased whose Sim card is then cloned for Online Bank transfers.
Members of the syndicate confessed that they were working on $220,000 and N25 million fraud before they were arrested.
One of their bank insiders in Benin is reportedly on the run while the bank insider in Lagos has been arrested by officers of the Lagos State Police command.
