Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested a Cameroonian national in Lagos over his alleged role in a large-scale international bank fraud estimated at about N1.5 billion.
The suspect, identified as Bekono Marc Eric, 47, was picked up on Thursday, April 23, 2026, by officials of the EFCC Lagos Zonal Directorate 2 in the Ikorodu area of the state.
In a statement, the anti-graft agency said the suspect is believed to be part of a cross-border criminal network involved in credit card fraud across several countries.
Preliminary investigations revealed that members of the group allegedly open bank accounts in Nigeria and obtain ATM cards along with their PIN details. They then travel to nearby countries, where the cards are used to carry out illegal withdrawals from accounts belonging to unsuspecting customers, especially those with large balances.
The EFCC explained that the syndicate uses this method to access and move funds without the knowledge of account holders.
The commission added that investigations are still ongoing and assured that the suspect will be taken to court once the process is completed.