Cyber fraud: EFCC returns recovered N114m to microfinance bank
The EFCC has returned N114 million recovered from a cyber fraud case to a microfinance bank after a customer’s account was hacked and funds withdrawn. Read More: https://punchng.com/cyber-fraud-efcc-returns-recovered-n114m-to-microfinance-bank/
The Economic and Financial Crimes Commission (EFCC) has returned N114 million recovered from a cyber fraud case to a microfinance bank in Benin City. The funds were traced to one of the bank's customer accounts that had been hacked without authorization. The EFCC's acting zonal director in Benin, Deputy Commander Sa'ad Hanafi Sa'ad, presented a bank draft to Samuel Ikechukwu, a senior official of the bank, on Thursday.
Obumneme Bright, one of the suspects arrested, was found to be holding the N114 million recovered from him. Ongoing efforts are being made to locate the remaining suspects involved in the cyber fraud case.
Brief written by urgent.news from Punch Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
