FRAUDSTER WANTED BY FEDERAL BUREAU OF INVESTIGATION ARRESTED IN KADUNA

The Zonal Head, explained that the suspect was arrested in Kaduna, while items recovered from his residence include two cars; Mercedes Benz E550, Mercedes Benz C450, an IPhone, laptops, modem and SIM cards.

Penpushing further reports that, Lawal added that the suspect and his accomplices both in Nigeria and overseas, acquired retirement account information (RAI) and personally identifiable information (PII) of multiple persons which they fraudulently used to wire funds into newly created business bank accounts tied to the fraudulently created business.

The Economic and Financial Crime Comission (EFCC) said the   proceeds were then converted into crypto currency, adding that  preliminary investigation had so far revealed that about N 1, 437, 889, 157.15 passed through the suspect’s accounts while the commission has also traced the sum of N 70 million he invested somewhere, adding that efforts  are on to recover the money.