Police Arrest 4 Suspects For Hacking Airlines’ Bank Accounts

Operatives of the Lagos State Police Command have apprehended four suspected fraudsters for allegedly diverting funds from airline operators domiciled in a commercial bank in Lagos.

The police revealed that the suspected fraudsters allegedly hacked into the accounts of two airline companies.

It was learnt that the suspects withdrew £138,924, equivalent to N277, 848 000 said to be lodged in the bank by the two airline companies when the fraudsters hacked into and moved it.

Speaking with journalists in Lagos, the Lagos Commissioner of Police, Jimoh Moshood, who was represented by the Command Spokesperson, CSP Benjamin Hundeyin, said a former staff of a new generation bank alleged that some unidentified persons stole the sum of £138,924.

The CP said the money which is equivalent to ₦277,848,000 was moved from the two domiciliary accounts of international airlines domiciled in the commercial bank.

He said, “Immediately after the funds were moved from one bank, they were transferred to another domiciliary account before the fraudsters eventually collected all the money.

“Following this, the bank reported the matter at the Lagos State Police Command and investigation immediately commenced. The leader of the suspects, Shuaib Olaleye, 27, was arrested on March 12 in Ogun State, and a Toyota Camry vehicle suspected to be the proceeds of the crime was recovered from him at his hideout.

“Others are Oladunjoye Adegoke 33, who was also arrested on March 13 in Victoria Island with a Toyota Camry (Pencil Light). Further investigation led to the arrest of Austin Alfred 38, who is the Supervisor of the bank’s Trade Services Department, and Jude.