Police arrest politician, others over N607m scam

Nigeria police authorities have disclosed that a major breakthrough has been recorded in the cybercrime perpetrated against Patricia Technologies to the tune of N607 million, following the arrest of one Wilfred Bonse and three other suspects.

The case revolves around criminal conspiracy, unauthorised computer, network data modification, and the illicit diversion of over N200 million.
Patricia Technologies had earlier petitioned the Inspector General of Police to report the alleged breach of its crypto-currency trading platform, Patricia in 2022.

The incident resulted in loss of funds belonging to depositors and led to the suspension of the platform to curtail further compromise of depositors’ funds.

According to the Nigeria Police PRO, Olumuyiwa Adejobi, during a briefing in Abuja on Friday, the ensuing investigation revealed a far-reaching criminal conspiracy involving the unauthorised modification of computer systems, network data, and the unlawful diversion of funds totaling over N607 million belonging to the petitioner.