EFCC Arrests 6 Over N5.5m Bank Fraud

EFCC Arrests 6 Over N5.5m Bank Fraud

Posted by Sylvester on Wednesday, April 30, 2014 0

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The Economic and Financial Crimes Commission, EFCC, yesterday, said it had arrested six persons, including two staff of Skye Bank, over an alleged N5.5m fraud. 

The suspects were identified as Ademola Okunlola, 36; Tajudeen Oluwanisola, 41; Kolawole Adams, 52; Temitope Pedro, 27; Bayo Olowoyo, 39 and Otunba Biodun Adebanjo, 56. They were arrested in different parts of Lagos when operatives of the commission received a complaint that the suspects had fraudulently transferred N5.5 million from the account of one Ajani Kareem Musibau, a customer of Skye Bank Plc.

The anti-graft agency’s spokesperson, Wilson Uwujeren, said the fraudulent transfers took place on March 3, 2014.

“Ademola Okunlola, a staff of Skye Bank, Ikeja Branch, Lagos, set the stage for the scam when he covertly used his camera phone to capture the photograph and signature specimen of Musibau.

“He accessed his account and sent the details to another staff of the bank, Bayo Olowoyo, at the Toyin Street, Ikeja branch.

“The duo reportedly sent Musibau’s photograph and signature specimen to a member of their syndicate who effected the money transfer into two accounts: N4.1 million was moved into Adebajo Biodun Olusola’s account with Wema Bank, Sagamu branch, Ogun State while N1.4 million was moved into another account operated by Temitope Pedro with Guaranty Trust Bank, Ikeja branch.”

Wilson further stated that the suspects will be arraigned in court as soon as investigation is concluded.