The 35-year-old suspect, according to the police, is the kingpin of a syndicate that specialises in hacking into the servers of banks and corporate agencies to steal.
Detectives from the Special Fraud Unit of the Nigeria Police Force have arrested an alleged fraudster, Salau Abdulmalik Femi over N1.87 billion fraud.
The spokesman for the SFU, Ikoyi, Lagos, DSP Eyitayo Johnson, in a statement, said the suspect, using application software, created imaginary credits totalling N1.87 billion on the accounts of three of the bank’s customers. He said the unit, while acting promptly on a petition from the bank, communicated with the Central Bank of Nigeria and the deposit money banks whose customers were beneficiaries of the fraudulent funds and that in the process was able to salvage a substantial amount.
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