Fraudsters hack a bank and transfer N523 million to 225 accounts in cybercrime

During a three-day incident, a customer of an old generation bank had their account compromised. Suspected hackers then moved N523,337,100 unlawfully from the account to 18 different accounts in the same bank. The Police Special Fraud Unit’s spokeswoman, SP Eyitayo Johnson, said in a statement that the suspects thereafter transferred the money from the 18 … Read more