One of world’s most wanted suspected criminals arrested in Nigeria
The head of an international criminal network behind thousands of online frauds has been arrested in a joint operation by INTERPOL and the Nigerian Economic and Financial Crime Commission (EFCC). The 40-year-old Nigerian national, known as ‘Mike’, is believed to be behind scams totalling more than USD 60 million involving hundreds of victims worldwide. In one case, a target was conned into paying out USD 15.4 million. The network compromised email accounts of small to medium businesses around the world including in Australia, Canada, India, Malaysia, Romania, South Africa, Thailand and the US, with the financial victims mainly other companies dealing with these compromised accounts. Heading a network of at least 40 individuals across Nigeria, Malaysia and South Africa which both provided malware and carried out the frauds, the alleged mastermind also had money laundering contacts in China, Europe and the US who provided bank account details for the illicit cash flow. Following his ar...