Police uncover N6.17bn cyber fraud syndicate

By Kingsley Omonobi
ABUJA — Operatives of the Nigeria Police Force National Cybercrime Centre, NPF-NCCC, have uncovered an international cybercrime syndicate accused of diverting N6.174 billion from the treasury collection accounts of a financial institution during a digital system migration.
Assistant Inspector-General of Police in charge of the NPF-NCCC, AIG Akaninyene Ezima, disclosed this on Wednesday at a briefing in Abuja, saying two Indian nationals linked to the alleged scheme had been arrested, while efforts were ongoing to apprehend the alleged mastermind.
Ezima said preliminary investigations indicated that the syndicate exploited vulnerabilities during the financial inst...