Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested a Cameroonian businessman, Bekono Marc Eric, over an alleged N1.5 billion bank fraud in Lagos.
The suspect, 47, was apprehended on April 23, 2026, by officers of the EFCC’s Lagos Zonal Directorate 2 in the Ikorodu area of the state.
According to the commission, preliminary investigations indicate that the suspect is part of a transnational syndicate involved in credit card fraud. The group is alleged to open bank accounts in Nigeria, obtain Automated Teller Machine (ATM) cards and corresponding Personal Identification Numbers (PINs), and subsequently move to neighbouring countries where the cards are used to execute fraudulent transactions on accounts belonging to high-net-worth customers.
The EFCC said the suspect would be charged to court upon the conclusion of investigations.
