NewsDeckNewsDeck
  • Home
  • News
    • Features
    • Featured
    • Health News
  • Politics
  • Business
  • Entertainment
    • Fashion & Lifestyle
  • Scholarship
  • More
    • Opinion
    • Sports
    • Tech
  • About Us
    • Contact Us
    • Privacy Policy

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

IGP Orders Probe Into Alleged Assault On NLC President

November 10, 2023

Unity Bank Records N38.2b Gross Earnings in Q3’23

November 4, 2023

France To Return Another $150m Abacha Loot

November 4, 2023
Facebook Twitter Instagram
  • About Us
  • Privacy Policy
  • Contact Us
Facebook Twitter Instagram Pinterest WhatsApp
NewsDeckNewsDeck
  • Home
  • News
    1. Features
    2. Featured
    3. Health News
    4. View All

    IGP Orders Probe Into Alleged Assault On NLC President

    November 10, 2023

    Unity Bank Records N38.2b Gross Earnings in Q3’23

    November 4, 2023

    France To Return Another $150m Abacha Loot

    November 4, 2023

    Court Jails 41 Internet Fraudsters in Oyo, Ogun

    November 4, 2023

    IGP Orders Probe Into Alleged Assault On NLC President

    November 10, 2023

    Unity Bank Records N38.2b Gross Earnings in Q3’23

    November 4, 2023

    France To Return Another $150m Abacha Loot

    November 4, 2023

    Court Jails 41 Internet Fraudsters in Oyo, Ogun

    November 4, 2023

    Lifelong Dedication: A Spotlight On Vaccination Champions

    October 6, 2023

    US Surgeon Carry Out Second Pig-To-Human Heart Transplant

    September 26, 2023

    NAFDAC Seals 8 Bakeries, 7 Sachet Water Factories In Bauchi State

    September 26, 2023

    Nigeria Records 210 New Cholera Infections, 10 Deaths, Says NCDC

    September 26, 2023

    IGP Orders Probe Into Alleged Assault On NLC President

    November 10, 2023

    France To Return Another $150m Abacha Loot

    November 4, 2023

    Sanwo-Olu Commissions Yaba Flyover Bridge

    November 4, 2023

    Military Airstrikes Eliminates Over 160 Terrorists in Borno, Yobe States 

    November 4, 2023
  • Politics

    Labour Party Speaks on Supreme Court Judgement

    October 27, 2023

    INEC Releases Final List Of Candidates For Bayelsa Governorship Poll, Excludes Timipre Sylva, APC 

    October 25, 2023

    Supreme Court Fixes Date For Atiku’s Petition Against Tinubu, INEC

    October 20, 2023

    Video Tape Was One Of Two Times I Had S*x Last Year, Says Moyo Lawal

    October 16, 2023

    Portable Gives Reason For Terminating Contract With His Signee, Young Duu

    October 15, 2023
  • Business

    Dangote Group Accuses BUA of Sponsoring False, Negative Reports Against It

    November 4, 2023

    Nine Months: Dangote Cement Reports Robust Pan-African Volumes In 2023

    October 27, 2023

    Dangote’s Commitment To Sustainable Environment Irrevocable, Says Pathak

    October 25, 2023

    Dangote Sugar Employs 7,000 Nigerian Youth Yearly  

    October 16, 2023

    Dangote Cement Denies Running Sales Promo

    October 10, 2023
  • Entertainment
    1. Fashion & Lifestyle
    2. View All

    Video Tape Was One Of Two Times I Had S*x Last Year, Says Moyo Lawal

    October 16, 2023

    Portable Gives Reason For Terminating Contract With His Signee, Young Duu

    October 15, 2023

    Davido, Chioma Leaves Hospital With Twins in U.S

    October 13, 2023

    #BBNaijaAllStars: What I Will Do First From N120m Cash Prize — Ilebaye

    October 10, 2023
  • Scholarship

    Study-In-Australia: Multiple Funded MSc/PhD Positions In UniSA-RTPi

    October 17, 2023

    APPLY: 2023 Justus & Louise Van Effen Excellence Scholarships Available for International Students

    October 17, 2023

    APPLY: 2024 Scholarships for Graduate Students at Queen’s University, Canada

    October 13, 2023

    APPLY: University of Toronto (UofT) Mastercard Scholarships for African Students in 2024

    October 12, 2023

    Apply for 2024 Boston Consulting Group (BCG) Graduate Analyst Programme for Young Graduates

    October 9, 2023
  • More
    • Opinion
    • Sports
    • Tech
  • About Us
    • Contact Us
    • Privacy Policy
NewsDeckNewsDeck
Home»Featured»N1.4bn Bank Fraud: EFCC Arrests Kogi Assembly Candidate With N326m, $610,500 Cash
3 Mins Read

N1.4bn Bank Fraud: EFCC Arrests Kogi Assembly Candidate With N326m, $610,500 Cash

NewsdeckBy NewsdeckNovember 2, 2022No Comments3 Mins Read Featured
Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email WhatsApp
Share
Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp

The Economic and Financial Crimes Commission, EFCC, has arrested the Kogi State House of Assembly candidate of the New Nigeria Peoples Party, NNPP, Ismaila Yusuf Atumeyi with N326 Million and $ 140,500 cash.

Atumeyi who is seeking to represent Ankpa 11 Constituency in the Kogi State House of Assembly was arrested on Sunday, October 30, 2022 alongside one Joshua Dominic, an alleged serial fraudster, in a sting operation at Macedonia Street, Queens Estate, Karsana,  Gwarinpa, Abuja.

Also arrested in connection with the Fraud is Abdumalik Salau Femi, a former bank employee, who allegedly supplied the inside information that facilitated the attack on the bank by the syndicate.  He was picked up today, November 1, 2022 at Radisson Blu Hotel in Lagos. Following his arrest, a search was conducted on his home in Morgan Estate, Ojodu where a total of $470,000 USD was recovered.

The arrest of the suspects followed months of investigation into the hacking of one of the commercial banks by a syndicate of fraudsters who pulled off a heist of N1.4 billion.

The syndicate allegedly moved N887 Million into the account of Fav Oil and Gas limited, from where the monies were paid to several Bureau de Change operators and some auto dealers for exchange into United States Dollars and purchase of high-end cars.

Dominic, who has severally been arrested for fraud, allegedly helped Atumeyi perfect the hacking plan through Abdumalik. Dominic, a self-styled investment expert and managing director of Brisk Capital Limited was arrested in May 2021 by the Special Fraud Unit of the Nigeria Police for alleged N2billion investment scam. He allegedly defrauded over 500 persons in a phony investment scheme.

Two Range Rover Luxury SUVs were also recovered from the two suspects arrested in Abuja.

They will be charged to court as soon as the investigation is concluded.

Meanwhile, the Commission expresses concern about the rising spate of cyber-attacks on banks and the reluctance of the institutions to report such breaches to law enforcement. While warning that such reticence would only embolden the criminals, the EFCC appeals to financial institutions to collaborate with it to secure the financial sector from threats of cyber-attacks.

It will also be recalled that the EFCC had in the wake of the recent announcement by the Central Bank Nigeria, CBN of plans to redesign and re-issue higher denominations of the Naira, warned Bureau de Change operators to be wary of currency hoarders who would attempt to seize the opportunity to offload the currencies they had illegally stashed away.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp
Previous ArticlePolice Picks Davido’s Domestic Workers Over Son’s Death
Next Article Sterling Reaffirms Commitment To Agriculture At Fifth ASA
Newsdeck
  • Website

Related Posts

IGP Orders Probe Into Alleged Assault On NLC President

November 10, 20232 Mins Read

Unity Bank Records N38.2b Gross Earnings in Q3’23

November 4, 20232 Mins Read

France To Return Another $150m Abacha Loot

November 4, 20232 Mins Read

Court Jails 41 Internet Fraudsters in Oyo, Ogun

November 4, 20233 Mins Read

Comments are closed.

Don't Miss

IGP Orders Probe Into Alleged Assault On NLC President

Featured November 10, 2023

The Inspector General of Police, IGP Kayode Adeolu Egbetokun, Ph.D, NPM, on Friday ordered investigations…

Unity Bank Records N38.2b Gross Earnings in Q3’23

November 4, 2023

France To Return Another $150m Abacha Loot

November 4, 2023

Court Jails 41 Internet Fraudsters in Oyo, Ogun

November 4, 2023
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Our Picks

IGP Orders Probe Into Alleged Assault On NLC President

November 10, 2023

Unity Bank Records N38.2b Gross Earnings in Q3’23

November 4, 2023

France To Return Another $150m Abacha Loot

November 4, 2023

Court Jails 41 Internet Fraudsters in Oyo, Ogun

November 4, 2023

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

About Us
About Us

Newsdeck, Your source for the latest and credible news.

We continually stand for responsible journalism and sound media practice.

Email: newsdeckng@gmail.com

Facebook Twitter Pinterest YouTube WhatsApp
Our Picks

IGP Orders Probe Into Alleged Assault On NLC President

November 10, 2023

Unity Bank Records N38.2b Gross Earnings in Q3’23

November 4, 2023

France To Return Another $150m Abacha Loot

November 4, 2023
New Comments
    © 2023 Newsdeck. Designed by DeedsTech.
    • Home
    • About Us
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version