Authorities have finally arrested an alleged Nigerian online scammer who is accused of organizing various businesses that gave him more than $ 60 million, according to Interpol.
The 40-year-old man, who authorities say is known as “Mike” is believed to have persuaded at least one person to pay … $ 15.4 million! The accused and another unnamed Nigerian have been arrested by authorities in Port Harcourt in southern Nigeria and face charges of conspiracy, hacking and robbery. According to Interpol, Mike used a network of at least 40 people in Nigeria, Malaysia and South Africa who were using malware to steal credentials, passwords and bank account data from unsuspecting people. The brain of the cybercrime organization also had money laundering contacts in China, Europe and the United States that provided the necessary bank account information for the flow of illicit money.
Interpol, however, did not reveal how it reached the traces of the spiral brain and its associates. However, the spiral used various methods to deceive its unsuspecting victims. For example, “Mike” pretending to be a high-level executive of a company, asked a lower-level executive of the same company to send remittances to accounts he had or use “romantic scam” methods where he forced lonely men and women to chat with supposed suitors who at some stage were raising their financial demands, etc.
“Citizens and businesses in particular should be on the lookout for such cyber scams,” said Noboru Nakatani, Executive Director of Interpol Global Complex for Innovation. “Basic security protocols such as authentication and two-factor verification before transferring money are absolutely essential to reduce the risk of fraud.”