Police Arrest Suspect Over Alleged N3 billion Cyber Fraud Using POS Terminals

Police arrest suspect who stole over ₦3 billion from a bank with POS machines

The Police Special Fraud Unit has arrested a suspected member of a cybercrime syndicate accused of using Point of Sale (POS) terminals and other digital tools to infiltrate a financial institution’s database and orchestrate fraudulent transactions exceeding ₦3 billion. The arrest, according to Nairametrics, was disclosed by PSFU spokesperson DSP Ovie Ewhubare in a statement issued on Friday in Lagos. He said detectives carried out an extensive i…

SFU Arrests Suspect Over Alleged ₦3bn Cyber Fraud in Lagos - Security News Alert

The Police Special Fraud Unit (PSFU), Ikoyi, Lagos, has arrested a suspected member of a cybercrime syndicate allegedly linked to a fraud involving more than ₦3 billion. The suspect, identified as Adeleke Hafees, was apprehended following an extensive investigation into what police described as a sophisticated cyber intrusion targeting a financial institution. According to […] The post SFU Arrests Suspect Over Alleged ₦3bn Cyber Fraud in Lagos f…

Police arrest suspect over alleged N3 billion cyber fraud using POS terminals

The Police Special Fraud Unit (PSFU) has arrested a suspected member of a cybercrime syndicate accused of orchestrating fraudulent transactions exceeding N3 billion by allegedly using Point of Sale (POS) terminals and other technological tools to compromise a financial institution's systems. The post Police arrest suspect over alleged N3 billion cyber fraud using POS terminals appeared first on Nairametrics.