Agents from the Benin Regional Bureau of the EFCC Economic and Financial Crime Commission arrested Olawole Sunday, a suspected fraudster who specialized in purchasing details of a bank account from the individual, with whom he deceived unsuspecting members of the public.
In a statement on Monday, April 7, 2025, the EFCC said Sunday’s modus operandi involved encouraging young people to open multiple bank accounts, pay N25,000 or N50,000 for each account, and collecting their bank details, including ATMs, ATM cards.
It was allegedly used a UYI Godstime Eghosa account details on Sunday to deceive a petitioner into cheating 2 million guilds under the guise of foreign exchange transactions.
Account owner Egersa was arrested and his disclosure he did not know his account was used to deceive the public, resulting in his arrest on Sunday.
Eghosa explained that after paying him 25,000 (25,000 Naira), he gave up his account details, including his ATM card.
He pleaded guilty to the crime after being arrested on Sunday and was prosecuted immediately after the investigation was completed.
