Four Nigerians have been arrested in the Philippines for allegedly hacking and siphoning funds from banks in the country.
The National Bureau of Investigation on Tuesday said the Nigerian nationals were arrested in Muntinlupa City.
It alleged that they are part of an international syndicate that hacks and siphons funds from banks.
According to the NBI, the fraudsters’ transactions were traced when they hacked a system of one Philippine bank, where at least P100 million (about ₦789,915,000) were transferred and funnelled into a different account.
“The international syndicate is complicated.. to the point that they study the system’s flaws. Once they see a weakness, they will take advantage of that” NBI Cybercrime Division chief Vic Lorenzo said.
One of the suspects’ Filipina girlfriend admitted to having used her account to deposit and withdraw money amounting to at least P2 million, which was supposedly for tuition.
Blank ATM cards and bank receipts were confiscated from the suspects.
The Nigerians denied the allegations, citing that they were here in the country to study and that they know nothing about the hacking incident. The funds withdrawn were donations from a Nigerian student community, one of them said.
The NBI said the Nigerians violated the Access Device Law, Anti-Cybercrime law and falsification of public documents.
I couldn’t face my family and friends, BBNaija Erica reveals
Colombian woman missing for two years found alive floating at sea
Super Eagles defender Troost-Ekong joins Watford
Carabao Cup: Chelsea crash out after penalty shootout with Tottenham
I don’t trust Nigerian politicians- Burna Boy
‘The strongest, most powerful force in my life’, FFK hails third wife
Nigeria at 60: Sustain legacies of founding fathers, Imo APC urges Nigerians
‘Stop mocking God, you are not 27’, Mercy Eke slammed by actress
Popular showbiz duo, Obi Cubana, Cubana Chief Priest part ways
Ex-convict, 50, caught raping four-year-old girl in Bauchi mosque (Photos/Video)
31-year-old lady begs lover, 25, to marry her (Screenshots)
Lady who has never been to UK wakes up from coma with British accent
Lagos community react to cemetery project, says we need schools, hospitals not a public graveyard
Rats terribly damage ABSU student’s property during lockdown
Mozambique bans cultured fish importation from Malawi
Just in: Oshiomhole, Bello, Ganduje, El-rufai on US Visa ban
VIDEO: Reviews of Obaseki’s victory, woman’s wedding anniversary with tree, missing girl
VIDEO: Olojo festival in Ife, Osun State
VIDEO: Victims recount horrors of Lagos gas explosion
VIDEO: I need a job to feed my family, pay rent – Nigerian legendary boxer, Jerry Okorodudu
VIDEO: Does Nigeria have the lowest price of petrol in Africa?
VIDEO: Gas explosion in Ajuwon, Lagos
Edo election: You win some, you lose some, but life goes on – Oshiomhole
Unstoppable: She lives in a wheelchair, draws with impaired hands but create beautiful pencil art (VIDEO)
- Metro18 hours ago
Woman, 46, sneaks into ex-boyfriend’s house rapes his six-year-old son
- Entertainment21 hours ago
Laycon unfollows Erica hours after she refused to follow back
- Entertainment17 hours ago
BBNaija’s Nengi reveals true feelings for Laycon
- Entertainment12 hours ago
‘You’ve never led protest like Fela’, Sowore tells Burna Boy
- Sports20 hours ago
My dad advised me to cut my hair before Costa fight – Adesanya
- News13 hours ago
FG reacts as court fines Senator Abbo N50m over sex-toy shop assault
- Entertainment13 hours ago
Mike Bamiloye’s daughter, Lawrence Oyor release pre-wedding photos
- Entertainment20 hours ago
‘I’ve got something planned’, Ike Onyema tells Mercy Eke on her birthday