Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested a 47-year-old Cameroonian businessman, Bekono Marc Eric, over an alleged ₦1.5 billion bank fraud in Lagos.
The suspect was apprehended by officers of the EFCC Lagos Zonal Directorate Two in the Ikorodu area of the state.
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According to the Commission, the suspect is part of a transnational syndicate involved in credit card fraud. Investigations indicate that members of the group open bank accounts in Nigeria, obtain ATM cards and PINs, and move to neighbouring countries, where the cards are used to carry out fraudulent transactions on accounts of unsuspecting customers.
The EFCC says the suspect will be charged in court upon the conclusion of investigations.
Editor: Ada Ononye
