Man arrested over alleged N500m credit card fraud | The Guardian Nigeria News - Nigeria and World News

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“I learned the internet fraud business in 2015 during my NYSC days in Cross Rivers and I bought a house worth N60 million from the deal before I relocated to Abuja, where I bought another house for N65 million.” Nigeria Fraud CyberCrime

• Police arrest another for allegedly impersonating Ned Nook’s son

Sources disclosed that the Imo State-born suspect, designed a payment portal, known as Payoneer, which he linked to his book-selling website on Amazon.com and he steals credits cards details and identities of its owner using his payment portal. Ojionu ran into trouble recently when one of his victims alerted the police and the EFCC about the theft of his credit card details and the subsequent withdrawals from his accounts, running into millions of naira.

“I learned the internet fraud business in 2015 during my NYSC days in Cross Rivers and I bought a house worth N60 million from the deal before I relocated to Abuja, where I bought another house for N65 million. What I do is mainly on Alibaba by trading with hacked credits cards. I buy my goods in China and sell them in Ghana and I bring the proceed to Nigeria where I have invested large portion of it on properties.

 

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