Federal High Court in Lagos has directed Police Special Fraud Units, PSFU’s prayers directing some banks to reverse proceeds of fraud traced to its customers’ accounts.
This is according to the Public Relations Officer of Police Special Fraud Unit, PSFU, SP. Eyitayo Johnson.
The Legal Section of PSFU led by CP. Anyasinti Josephine Nneka had obtained an Order of the Federal High Court, Lagos; directing the banks to reverse the sums of thirteen Million Naira (N13,000,000.00) and two Million Naira (N2,000,000.00) to source accounts where it was fraudulently obtained.
According to the information, the proceeds of the fraud, which was meant for the purchase of Chinese Yuan for the victim was traced to a bank’s Account Number 1023240381, Account Name: Alibababa Information Trading and another bank’s Account Number 1016167633, Account Name: Guang Dong Shou Wang Trading.
As a result, PSFU quickly placed a lien on the accounts in order to prevent the monies from being dissipated while an order of the Federal High Court was obtained to reverse the funds.
Meanwhile, operatives of the Unit are on the trail of one Mrs. Lilly (surname unknown) and other suspects involved in the crime.
Below is the charge
Business Email Compromise, (BEC): PSFU recovers N28,000,000.00 via Court Order.
On the 2nd of November, 2022, the Federal High Court, Lagos; granted the prayers of ASP. Daniel Apochi, Esq. of PSFU for the reversal of Twenty-Eight Million Naira (N28,000,000.00) being part of Thirty Million Naira (N30,000,000.00) transferred to a bank’s Account Number 1013160804 (Account Name: Diemo Dinolarge Onokpite). The Account Holder is the Managing Director of Dino-Large Limited and member of a Cyber/Advance Fee Fraud syndicate who hacked into the computers of a New-Generation Deposit Money Bank and successfully harvested customers’ data.
“The harvested information was used to generate cloned e-mails through which fake instructions for the transfer of Twenty-Eight Million Naira (#28,000,000.00) to account of Diemo Dino-Large was given”.
Operatives of the Unit, while utilising its existing synergy with the victims’ and suspects’ Banks; swiftly placed Post-No-Debit (PND) on the account while the Federal High Court was approached to reverse the money. The sum of Two Million Naira (N2,000,000.00) had been dissipated before the PND was emplaced while the remaining Twenty-Eight Million Naira (N28,000,000.00) was recovered by the Order of the Court.
Diemo Dinolarge who acts as “Picker” for the syndicate was tracked and arrested as investigation continues to apprehend other members of his syndicate.
Operations Manager Diverted Company’s AGO worth Thirty-Five Million Naira (N35,000,000.00), obtained Five Million Naira (N5,000,000.00) Life Insurance Policy and Built Properties in Imo and Lagos States.
On the 4th of November, 2022; the Unit charged one Emeka Cyriacus Onyenuforo to Court for offences bordering on Fraudulent Conversion and Stealing of Thirty-Five Million Naira (N35,000,000.00) belonging to his employer; Made Global Entertainment Limited.
The suspect, being the Operations Manager of the Oil & Gas Company, in charge of Distribution and Sale diverted thousands of litres of Automotive Gas Oil, AGO, worth the alleged sum to collaborators who sold same and re-routed the proceeds back to him (after deducting their commission) via personal Bank Accounts and that of family and friends.
The fraud was uncovered when internal audit revealed persistent and unexplained shortages in stock. PSFU investigation unearthed six (6) accounts belonging to the suspect and his collaborators which was used to receive payments for the diverted stolen AGO.
Investigation also revealed that the suspect utilised the proceeds of the fraud to obtain a Five Million Naira (N5,000,000.00) Life Insurance Police, built 2-Units of 3-Bedroom Bungalows in Imo State, 3 Mini-flats (fully completed) and 16-Units of another Mini-flat at Ikorodu, Lagos State.
Efforts are on-going to apprehend other suspects who aided the commission of the crime.