Jan 16, 2015 – Yahoo Boys, Internet Fraudsters Arrested For Stealing N806M From GTBank To Build Hotels & Houses In Delta State
Internet Scammers Arrested In Port Harcourt For Using Magic Charm To Break Into GTBank ATM & Stealing N806M
EFCC has arrested some suspected yahoo plus fraudsters for allegedly stealing over 806Million Naira from GTBank.
The suspect identified as Okpekereke Timothy, Stanley Odjighere, and Teminor Karo allegedly stole the money through a system glitch at ATM machines around the country.
This is what EFCC spokesperson, Wilson Uwujaren said about the scam:
“The EFCC has so far confiscated the following property, which are proceeds of the crime from the suspects; one uncompleted 59-room self-contain hostel, a twin bungalow in Oghara, Delta State, one uncompleted hotel project, one bungalow with a swimming pool in Ughelli and a bungalow in Agbaro.
“Others are one Toyota Venza, 2010 model; two Toyota Solara cars, 2010 model; two Toyota Camry cars, 2010 model and two Honda Accord cars, 2005 model.”
“The trio are part of a syndicate arrested over allegations of conspiracy, Internet scam and stealing from one of the new generation banks to the tune of N806, 208,000. Forty others are still at large.
“The theft was perpetrated through a system glitch linked to the fraudsters, in which the bank suffered a huge loss of more than N806m.”
“It was discovered that while many of the transactions involved were failed transactions, the amounts involved were not reversed, and all the customers were seen to have withdrawn the cash amounting to the sum on each day it happened.
“The suspects will be arraigned in court as soon as investigations are completed.”
Another source from Rivers State said the Yahoo Plus boys claimed they used a magic voodoo prepared for them by a powerful Ughelli-based native doctor to access the ATM without GTbank card.
The 3 were arrested on Wednesday the 14th of January at an estate in Port Harcourt. 40 other suspects are still at large.