A 38-year-old Nigerian man, Salau Abdulmalik Femi has been arrested after he allegedly hacked into the server of a bank to steal N1.87 billion, IgbereTV reports.

Femi is said to be the kingpin of a syndicate that specializes in hacking into the servers of banks and corporate agencies. He was arrested by detectives from the Special Fraud Unit (SFU) of the Nigeria Police Force (NPF)

He got arrested after he allegedly hacked the Flex-Cube Universal Banking System (FCUBS) of a first-generation bank.

The spokesman of the Special Fraud Unt, Ikoyi, Lagos, DSP Eyitayo Johnson, in a statement, disclosed that the the suspect created fictitious credits totaling N1.87bn on the accounts of three of the bank’s customers, using application software.

Johnson revealed the suspect successfully consummated debits (outflows) amounting to N417.5m through internet banking transfers to other banks.

He stated that the unit while acting swiftly on a petition from the bank, contacted the Central Bank of Nigeria (CBN) and the deposit money banks which customers were beneficiaries of the fraudulent funds and that in the process was able to salvage a substantial amount.

He said;

“Items recovered from the suspect include an Apple laptop and an iPhone. He and operators of some Bureau De Change (BDC) who used to launder the monies will be charged to court as soon as investigation is concluded."

https://igberetvnews.com/1397723/man-hacks-nigerian-banks-server-steals-n1-87-billion-photo/

Lalasticlala

See e face like Lassa Rat own


I know Abba Kyari wud have loved to do business with this aboki , if not for the Fire when de e yansh now


I never knew Abokiiis’ were this brilliant

but if na Yusuf , naa how to ride Okada and chop TuwoChinkafa full e cone head

Hmmm. Who wan hack mine put for federal government

Nice one from the EFCC

The quicker we arrest financial criminals, the better for us.

You can imagine how many Ankara materials Abba Kyari would have sewn for this Femi thief.


He would have bought bulk purchase by now.


Nice one EFCC.

Remaining my N2,700 reversal from UBA bank.

And one motivational speaker saying, nobody/Yahoo G can't hack this morning on NL

oil

fati2001:
oil

dey him head abi.

Cyber bandit

dododawa1:
dey him head abi.

lolz, nah correct GE