Operatives of the Benin Zonal Directorate of the Economic and Financial Crimes Commission (EFCC), have arrested a suspect for his involvement in fraudulent account buying.
EFCC’s spokesman, Dele Oyewale, disclosed that the suspect, one Olawole Sunday, was arrested on Monday.
According to Oyewale, Sunday’s modus operandi involved encouraging young people to open multiple bank accounts, and paying them either N25,000 or N50,000 for each account. He then collects their bank details including Automated Teller Machine (ATM) cards.
Sunday allegedly employed the account details of one Uyi Godstime Eghosa to defraud a petitioner the sum of N2 million under the guise of trading in forex.
Upon his arrest, Eghosa disclosed that he was unaware that his account was used in defrauding members of the public. This led to the suspect, Sunday’s arrest.
Eghosa further explained that he relinquished his account details, including his ATM card, to Sunday after a N25,000 payment to him.
Oyewale said that Sunday, upon his arrest, confessed to the crime and would be charged to court as soon as investigations are completed.
