In­ter­pol nabs man be­hind US$60 mil­lion on­line scam

The Myanmar Times - - World -

A NIGE­RIAN be­hind an on­line fraud net­work which en­gi­neered scams worth more than US$60 mil­lion has been ar­rested in south­ern oil city of Port Har­court.

“The 40-year-old Nige­rian na­tional, known as ‘Mike’, is be­lieved to be be­hind scams to­talling more than $60 mil­lion in­volv­ing hun­dreds of vic­tims world­wide,” the in­ter­na­tional po­lice or­gan­i­sa­tion, In­ter­pol, said in a state­ment yes­ter­day.

“In one case, a tar­get was conned into pay­ing out $15.4 mil­lion,” In­ter­pol said, in­di­cat­ing that the ar­rest was car­ried out with the sup­port of Nige­ria’s anti-graft agency the Eco­nomic and Fi­nan­cial Crimes Com­mis­sion.

”The net­work com­pro­mised email ac­counts of small to medium busi­nesses around the world, in­clud­ing in Aus­tralia, Canada, In­dia, Malaysia, Ro­ma­nia, South Africa, Thai­land and the United States,” it said.

The sus­pect ran a net­work of at least 40 peo­ple work­ing from Nige­ria, Malaysia and South Africa which used mal­ware and car­ried out the fraud, and he also had money laun­der­ing con­tacts in China, Europe and the US who pro­vided bank ac­count de­tails for the il­licit cash flow.

“Fol­low­ing his ar­rest in Port Har­court in south­ern Nige­ria, a foren­sic ex­am­i­na­tion of de­vices seized by the EFCC showed he had been in­volved in a range of crim­i­nal ac­tiv­i­ties, in­clud­ing busi­ness email com­pro­mise and ro­mance scams,” it said.

The sus­pect and a fel­low fraud­ster, 38, face charges, in­clud­ing hack­ing, con­spir­acy and ob­tain­ing money un­der false pre­tences. –

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