A Nigerian national, Umealakei Emeka, has been arrested in connection with a cyber fraud case involving over Rs 16.7 crore (about N3bn) from a private bank in India.
Emeka, also known as Alex, was nabbed alongside three other suspects: Mohd Shavez, 26, from Wave City in Ghaziabad; Amit Gupta, 26, and Deepak Gupta, 39, both from Sangam Vihar, Delhi.
According to the Times of India, a senior police officer said while the stolen money was sent to over 80 accounts, Alex was directly linked to six of them, which together held Rs 1.4 crore.
The police source added that the money was being sent to Nigeria through hawala channels.
During the investigation, the police reportedly found out that one of the suspects was involved in drug dealing and seized MDMA (drug) worth around Rs 20 lakh.
The fraud took place at the Sector 62 branch of Nainital Bank, and the 53-year-old Nigerian suspect was said to have been staying in India illegally since 2014 after his visa expired.
The report added that Emeka was allegedly involved in both cyber fraud and drug distribution.
-Advertisement-
Grab our latest Magazine, "Ayodele Akintunde, SAN: Legal Titan Celebrates and Reflects on His Life Journey.". Get your order fast and stress free.
For more details about Newswire Law&Events Magazine, kindly reach out to us on 08039218044, 09070309355. Email: newswiremagazine@yahoo.co.uk. You will be glad you did
