NewStats: 3,265,089 , 8,185,642 topics. Date: Friday, 13 June 2025 at 12:38 PM 61n4t

By Christopher Oji

Fraudsters have hacked into an old generation bank (namewitheld) stealing a whopping sum of N523,337,100.00 in one day.

Already, the police have cracked the gang that hacked into the bank and arrested two of the ring. However,the police at Police Special Fraud Unit (PSFU), where the case is being investigated, said they have stepped up manhunt for other of the syndicate who are on the run.

According Police Public Relations Officer (PPRO), PSFU, SP. Eyitayo Johnson,the fraudsters hit the bank of N523,337,100.00 using the s 18 different customers s and dissipated same via Unified Payments Interface (UPI), Cash/ATM/POS/Withdrawals and e-transfers.

“The Legal Section of the Police PSFU, Ikoyi-Lagos; headed by CSP. E. A. Jackson, has successfully obtained an order of the Federal High Court siting in Lagos for the Preservation/Forfeiture/Attachment of a net sum of N523,337,100.00 fraudulently transferred by internet fraudsters who hacked a customer’s domiciled in one of the Old-Generation banks and posted the funds into 18 different s in the same Bank before transmitting same to 225 other s in 22 banks/financial institutions.

” The coordinated cyber-attack was carried out during the weekend of Saturday April 23,2022, through Sunday April 24, 2022 to the early hours of Monday April 24, 2022 before business opened.

” In the course of the investigation, the sum of N160,287,071.47 has been recovered from different banks; with two suspects arrested, while operatives are following other leads in order to apprehend the remaining of the syndicate”.

He said the suspects would be charged to Court as soon as investigations are concluded.

Commissioner of Police, PSFU,Anyasinti Josephine Nneka, has advised banks and financial institutions on the need to increase their Cyber-Security Surveillance, conduct routine background checks on staff who have privileges that could be compromised to make banks porous to cyber-attacks. She equally ens the public on the need to investigate sources of unexpected inflows into their s. Where such funds are found to have been wrongly credited, the recipient should cooperate with their banks and make conscious efforts to reverse/re-route same, as utilizing such funds is a criminal offence.

https://www.sunnewsonline.com/hackers-rob-bank-of-n523337100-00/

FTC

Reason I don’t sell cryptocurrency to people I don’t know personally, imagine me receiving proceed from such fraudulent means and the buyer don disappear with coin,

Wat abt those wen say monkey and snake swallow money. Them never manhunt them? Okay, Continue...

Boys wan cash out

The cyber security company securing the said bank should take responsibility

You may call it hustle, smartness or whatever
But the truth is that scamming never goes well in the end.

The law of redistributive justice will catch you soon or later.
Reaping where you didn't sow can never be justifiable

Fraudsters have hacked into an old generation bank
somebody should help to spot out which bank is an old generation Bank Biko
I no won hear say na so my small thing take loss

Wahala

This is serious o

Nothing is safe again

This is serious oh. It is well

..the need to

#1. increase their Cyber-Security Surveillance

#2. conduct routine background checks on staff who have privileges that could be compromised to make banks porous to cyber-attacks

Na wa

Serious thing. In all their doings, they shouldn't touch my last little hope o

Chicken change,na disgrace for we ethicals

Its getting worse by the day. Lord have mercy.

Very terrible.

..

Too bad. There are lot of ways to use your skills for good. Trust me it doesn't end well with fraud.

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Worse

E no fit Union or Wema bank

....this one loud gan ....

My mind dey tell me say the name of the bank start with F...but make I waith for end of investigation

Local boys no get joy..

Wickedness in very high places

Insider work. Hope you understand?

Could it be First Bank?

If they release the name now.. we know where they are from...

Flat heads

Obi followers and sense

Omo this one nah Odogwu hackers o.. This is an insider work from the bank..

Make dem mention names of those arrested do that we go know which direction to air our vawulence..

bb

How you go carry that kin money at once..
They tested fate.

Ndi dark web