Monday, 5 December 2016

Fraudsters hack email, defraud estate agent of N4m

Three suspected Internet fraudsters have
been arrested by the Lagos State Police
Command for allegedly defrauding an
estate agent of about N4m.
Punch Metro learnt that the suspects– Olisa
Oyegbuka, 28; Ifeannacho Kingsley, 27;
and Ujumwa Aniemena, 33–had allegedly
hacked into the email of an unnamed client
of the estate agent.
They allegedly sent a message from the
email to the agent, demanding the transfer
of funds kept for the client by the estate
agent into some accounts.
The fraud was later discovered after the
owner of the account received alerts and
subsequently called the agent to demand
explanation for the flight of funds from his
The case was reported to operatives of the
Rapid Response Squad which launched a
manhunt for the suspects.
Punch correspondent gathered that the
three suspects were arrested in Awka,
Anambra State.
It was learnt that the suspects were part of
a syndicate that specialised in hacking into
email addresses and using them to send
messages seeking transfer of funds in
tranches to different accounts.
The estate agent, who did not want to be
identified, said,
“The owner of the email account is my
client. I received an email giving
instruction to transfer funds in my custody
to an account belonging to one Emmanuel
I transferred N800,000 to the account on
October 24, 2016. On October 27, 2016,
there was another instruction to transfer
N530,000 to the same account, which I did.
On November 1, 2016, I transferred
N720,000 to another account belonging to
one Ifenancho Kingsley.
I received further instruction the following
day to pay N850,000 to the same account.
The total amount transferred to the two
accounts was N3, 820,000.
On November 2, 2016, my client called me
and that was when we realised that the
payment instructions did not emanate from
him; rather, they were from fraudsters.”
One of the suspects, Kingsley, admitted that
two separate transactions of N720,000 and
N850,000 were paid to his account.
He, however, explained that a family
friend, Chinedu Emmanuel, had requested
his account details and took his Automated
Teller Machine card and Personal
Identification Number to withdraw the
“The first alert of N720, 000 that I got on
my phone was withdrawn from my
account within a twinkling of an eye.
The following day, I got another alert of
N850,000. And almost instantly, there were
lots of POS transactions bearing ‘Grand
POS’ Asaba. Since then, I have not seen him
and I don’t know the kind of job he does.
As I talk to you, my ATM card is still with
him,” he added.
Another suspect, Oyegbuka, said his friend,
Egbuka, who was arrested by the RRS a
few weeks earlier, used his (Oyegbuka)
account to transfer N800,000 to another
account belonging to one Tamino.
RRS investigators said efforts were on to
arrest fleeing members of the gang.