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Trio nabbed for attempting to swindle bank

01 September 2014, 08:01Augustine Osayande

Abuja -  Three men have been arrested for allegedly attempting to defraud Enterprise Bank Plc.

The Economic and Financial Crimes Commission (EFCC), in a statement, said Ola Lawal, Olumide Kayode and Abass Adekunle were arrested following a botched attempt to compromise the bank’s system and steal depositors’ funds using an electronic device known as Keelog Key Grabber.

EFCC added the arrest was made possible by an insider who revealed to the bank’s management that some fraudsters were planning to gain access to its network.

Also Read: 8 in Lagos court for suspected oil theft

“Investigations showed that, a staff of the bank, Owolabi Agboola, was contacted by one of the suspected fraudsters, who proposed a business arrangement to him on how to hack into the system of the bank.”

The statement said Agboola subsequently informed management of the bank and he was instructed to play along with the alleged fraudster.

“In the arrangement, an electronic device called Keelog Key Grabber would be used to harvest passwords of some of the key operation staff of the bank.

"The grabber was meant to be plugged into the computer system of the Head of Operation of a particular branch, to retrieve information technology configuration settings from the computer system and pave the way for the fraudsters to move customers’ funds out of the bank.”

Also Read:Bank staff arrested for stealing from account holder

EFCC said Lawal was arrested while trying to hand over the Keelog Key Grabber to Agboola.

His arrest led to the arrest of the two other suspects.

Items recovered from the trio include a keylogger, a laptop, a router, a modem, sim cards, USB keyhole log with a template of keylogger and a jotter containing some account numbers which they intended to use for the fraud.

The suspects would be charged in court as soon as investigations are concluded.

- CAJ News


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