The Economic and Financial Crimes Commission (EFCC) of Nigeria has apprehended a Cameroonian national in Lagos on allegations of orchestrating a large-scale credit card fraud scheme costing a Nigerian bank approximately N1.5 billion. The individual, identified as Bekono Marc Eric, aged 47, was detained by the EFCC’s Lagos Zonal Directorate 2 operatives in the Ikorodu region after extensive intelligence operations.
The suspect is accused of being part of an international group that specializes in credit card scams across borders. According to the EFCC, these syndicate members reportedly set up bank accounts in Nigeria, secure ATM cards with PINs, and subsequently travel to nearby countries. There, they purportedly engage in fraudulent transactions, particularly targeting accounts with substantial balances.
This arrest underscores the EFCC’s enhanced efforts to dismantle financial crime syndicates operating in West and Central Africa, with a focus on those exploiting Nigeria’s banking infrastructure for international fraud. The EFCC has stated that the suspect will face legal proceedings once the investigation is finalized.
