The Economic and Financial Crimes Commission (EFCC) says it has arrested a cybercrime syndicate in Benin, the Edo State capital.
One of the suspects, Oseghale Collins was arrested alongside two others said to be siblings, Stephen and Fred Emefiele.
According to the commission, the syndicate specialises in business email compromise.
The lead suspect was said to have confessed to searching for his victim’s email addresses especially official business email addresses, creating a phishing link and compromising the process in order to defraud unsuspecting victims.
Some of the items recovered from the residence of the suspects include laptops, printer, internet modem, flash drive and a Mercedes Benz ml 350.
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