{"id":4991,"date":"2021-08-04T07:15:46","date_gmt":"2021-08-04T07:15:46","guid":{"rendered":"https:\/\/theblogonline.com\/?p=4991"},"modified":"2021-08-04T07:20:06","modified_gmt":"2021-08-04T07:20:06","slug":"fidelity-bank-in-n200m-fraud-mess-as-employees-hack-into-customers-accounts","status":"publish","type":"post","link":"https:\/\/theblogonline.com\/?p=4991","title":{"rendered":"Fidelity Bank In N200m Fraud Mess As Employees Hack Into Customers\u2019 Accounts"},"content":{"rendered":"

\u2022Fidelity Bank Plc CEO, Nneka Onyeali-Ikpe<\/i><\/span><\/p>\n

Fidelity Bank PLC has been enmeshed in a N200 million fraud mess as four of its employees and 11 others are currently facing criminal trial at a Lagos High Court, Lagos, Nigeria.<\/b><\/span><\/h2>\n

The culprits were arraigned at the court by the Economic and Financial Crimes Commission in suit number FHC\/10\/10089c\/19.<\/span><\/p>\n

The four Fidelity Bank staff were identified as: Olusegun Babasola, Abisola Ahmed, Uchechukwu Uma and Jude Alphaeus.<\/span><\/p>\n

Others are: Adeowale Jeff Johnson, Ogubiukwu Peace Chinenye, Olanrewaju Joseph, Alabi Adeola Abiodun, Umaru Hamsu, Olagbaju Oladayo, Afeez Mudashiru, Ayokanmi Oshagbami, Anyor Isaac Ushang, Bashir Olanrewaju and Lanre Yusuf.<\/span><\/p>\n

The 15 accused were arraigned on a two count charges of conspiracy and stealing by the EFCC.<\/span><\/p>\n

According to the head of Legal and prosecuting counsel of the EFCC, A. B. C. Ozioko ESQ, the 15 accused committed the alleged offence in Lagos.<\/span><\/p>\n

The EFCC counsel told the court that the offence committed by the culprits contravened Sections 278(1)(2) & 285(1) and 9(b) of the criminal law of Lagos State, 2011.<\/span><\/p>\n

The head of Investigations Group of Internal Audit and Investigations Division of Fidelity Bank, Onovae Oghenovo, had petitioned the EFCC narrating how fraudulent transfers of the sum of over N150m were made from the accounts of Fidelity Bank Motor Vehicle Insurance sinking fund\/5080019844 and Interswitch Ltd\/5080119696, OVH Energy Marketing Ltd\/4010015571 and FSL Securities LTD\/4010051187 (customers of the bank).<\/span><\/p>\n

Oghenovo, in the petition, said that internal investigation is still ongoing to ascertain the full amount and that the affected transactions were consummated with ATM debit cards, which were fraudulently linked to the accounts.<\/span><\/p>\n

\u201cHaving fraudulently primed and linked the debits to the above-mentioned accounts, the fraudsters then made various ATM cash withdrawals from different ATM terminals, POS purchases, bill payments as well as ATM fund transfers.<\/span><\/p>\n

\u201cAlso preliminary investigation revealed that 22 of the debit cards used to perpetrate the frauds were cloned as their PAN matches those issued to some of the bank customers,\u201d Oghenovo said.<\/span><\/p>\n

According to Oghenovo, preliminary investigations conducted showed that the fraudulent transactions were processed by the user credentials of two of the bank\u2019s staff, Jude Alphaeus and Uchechukwu Uma.<\/span><\/p>\n

\u201cHowever, both Jude and Uma claimed that they are suspecting their subordinates namely: Ann Obiakor, Adesina Abosede, Andrew John, Olusegun Babasola, Chinedu Aharanwa, Ifeanyi Dike, Sunday Adaraloye, Ahmed Ajisola, Oluchi Ifedigbo, Mac Donald Louis, and Toheed Ajoa.<\/span><\/p>\n

\u201cThe internal review showed that Omidiji Joseph Olarewaju\u2019s account number 3218570016<\/a> in FCMB received a fraudulent proceed of N150m and subsequently transferred the sums of N7.17m and N14.43m to Waltham BDC and Findrex Aviation business school account numbers 0022550922<\/a> and 2031957515<\/a> with Union Bank of Nigeria and First Bank of Nigeria respectively.<\/span><\/p>\n

\u201cAlso Yusuf Samuel, Alabi Adeola Abiodun, and Ojelabi Sunday Adeyemi, with the account numbers: 5909407018<\/a>, 2803961017<\/a>, 5835504010<\/a> received the sums of N1.95m, N2.94m, N1.5m respectively with FCMB.<\/span><\/p>\n

\u201cAlso both Olusegun Babasola and Ahmed Ajisola (now at large) viewed the victims accounts prior to the fraud incident\u201d.<\/span><\/p>\n

The case has been adjourned to 28th September, 2021.<\/span><\/p>\n

Recall that three officials of the bank were arrested by the police for allegedly hacking into the bank accounts of customers and diverting a total sum of N150 million.<\/span><\/p>\n

The officials, Oyelade Shola-Isaac, 32, Osuolale Hammid, 40, and Akeem Adesina, 33, were apprehended along with eight other suspects in connection with the fraud.<\/span><\/p>\n

Three of the accomplices, Okpetu John, 29; Chukwumnoso Ifeanyi, 30; and Salako Abdulsalam were said to be MTN agents, while others were identified as Ismaeel Salami, 49; Akinola Oghuan, 34; Sarumi Abubakar, 32; James Idagu, 56; and 33-year-old Sunday Okeke.<\/span><\/p>\n

It was gathered that five of the suspects, including the kingpin, Salami, were rounded up by operatives of the Special Fraud Unit of the Nigeria Police Force at an eatery in the Bode Thomas area of the state. About 32 Automated Teller Machine cards belonging to the victims were reportedly recovered from Salami\u2019s car. <\/span><\/p>\n

They were said to have led operatives to Kwara and Oyo States, where other members of the gang were apprehended.<\/span><\/p>\n

The Police Special Fraud Unit (SFU), said the bankers carried out the fraud on the accounts of customers, who did not subscribe to internet banking. <\/span><\/p>\n

According to the police, \u201cThe work of the network provider suspects was to assist the bankers to swap the SIM cards of the targeted bank customers so that they were unable to receive alerts of any transactions on their accounts within the period that money was stolen from their accounts.<\/span><\/p>\n

\u201cThe suspects, after successful withdrawals of the money, transferred the money into about 40 different accounts to avoid being detected. They carried out their operations at weekends and public holidays so as to evade being detected by the bank monitoring mechanisms or the owners of the accounts. They defrauded their victims to the tune of over N150m.\u201d<\/span><\/p>\n

Similarly, recall the EFCC had arraigned five workers of the lender Plc before Justice Archibong Archibong of the Akwa Ibom State High Court sitting in Uyo over a diversion of dead customers\u2019 money for personal use.<\/span><\/p>\n

The accused were arraigned on a 23-count charge bordering on conspiracy, forgery, obtaining by false pretense and criminal conversion of depositors\u2019 funds to the tune of N37,690,000.<\/span><\/p>\n

The accused were identified as Mbong Essien, Akwa Akwa, Precious John, Kenneth Udoetuk and Ubong Udom.<\/span><\/p>\n

According to the anti-graft agency, the Uyo Zonal Office uncovered the criminal syndicate of bankers which specialises in forging signatures of deceased bank customers and stealing from their accounts.<\/span><\/p>\n

EFCC said the suspects also executed fraudulent financial transactions, including unauthorised debits of depositors\u2019 funds.<\/span><\/p>\n

\u201cInvestigation by the EFCC revealed that Mbong used his position as the head, Operations and Transaction Service and Delivery, to establish a criminal syndicate that specialised in perpetrating the fraudulent transactions and deductions.<\/span><\/p>\n

\u201cFurther investigations also showed that without the authorisation or knowledge of the management of the bank, the defendants managed a fictitious fixed deposit account with interest accruing to it,\u201d an EFCC statement read in part.<\/span><\/p>\n

Source: THE WITNESS<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

\u2022Fidelity Bank Plc CEO, Nneka Onyeali-Ikpe Fidelity Bank PLC has been enmeshed in a N200 million fraud mess as four of its employees and 11 others are currently facing criminal trial at a Lagos High Court, Lagos, Nigeria. The culprits were arraigned at the court by the Economic and Financial Crimes Commission in suit number […]<\/p>\n","protected":false},"author":1,"featured_media":4992,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2456,2],"tags":[75,1213,73,3110],"class_list":["post-4991","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-news","tag-efcc","tag-fidelity-bank","tag-fraud","tag-lagos-high-court"],"_links":{"self":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts\/4991"}],"collection":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4991"}],"version-history":[{"count":3,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts\/4991\/revisions"}],"predecessor-version":[{"id":4995,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts\/4991\/revisions\/4995"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/media\/4992"}],"wp:attachment":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}