EFCC arrests four bank fraudsters over $200,000 transfer

The Abuja Zonal office of the Economic and Financial Crimes Commission (EFCC) has arrested four suspects for allegedly attempting to carry out a fraudulent bank wire transfer to the tune of $200,000 (about N72million).

According to the acting spokesperson of the anti-graft agency, Tony Orilade, a team of operatives swooped on the suspects, as they were about to transfer the said amount from the account of an unsuspecting foreigner into a domiciliary account in Nigeria.

“The Commission was tipped off when the suspects were sourcing for domiciliary account number, which they will use to receive the money.

“Bank wire transfer fraudsters have a practice of using other people’s domiciliary accounts to receive fraudulent money, with the promise of giving the account holder a commission from the money.

“In some other instances, some of the account holders will be kept totally in the dark as to the source of the funds. When the transaction is completed, the account holder will become the hunted criminal, while the main perpetrator will disappear without traces,” Orilade said.

He urged the public to be vigilant and not give out their account numbers for the purpose of receiving money on behalf of anyone, adding that the suspects would be charged to court as soon as investigation was concluded.