Alert Africa | Quest in Nigeria for bank worker who stole over $39 million in cyber-fraud
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Quest in Nigeria for bank worker who stole over $39 million in cyber-fraud

Quest in Nigeria for bank worker who stole over $39 million in cyber-fraud

Posted by Msizi in cyber espionage

 Quest in Nigeria for bank worker who stole over $39 million in cyber-fraud A 38 year-old bank worker is being hunted by Nigeria’s anti-graft agency for allegedly stealing $38 million from his employers by hacking into computer systems.

According to the Economic and Financial Crimes Commission (EFCC), it is alleged that Godswill Oyegwa Uyoyou conspired with others to steal 6.28 billion naira ($38 million, 29 million euros) from the Abuja office of a commercial bank.

EFCC spokesman Wilson Uwujaren told AFP in Lagos that, “As an IT staff, he used his knowledge of the bank’s database to perpetrate the scam. We are still on the trail of those involved in the fraud.”

Uwujaren added that, the money was electronically transferred to accounts held by Uyoyou’s alleged accomplices on Saturday when the bank, which has not been identified, was closed for business.

Nigeria is known for its bad reputation in regards to financial and cyber-fraud.

The EFCC was created in 2003 to crack down on so-called “419” scams. The 419 scams were included tricking unsuspecting victims into handing over bank account details on-line.

The same agency also handles claims of government corruption.

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17 Sep 2014 no comments

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