Operatives of the Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission have apprehended a Cameroonian businessman, Bekono Marc Eric, over an alleged N1.5 billion fraud involving a first-generation bank in Lagos, the Centre of Excellence.
The anti-graft agency disclosed this in a statement on Friday, detailing how the 47-year-old suspect was picked up in the Ikorodu area on Thursday, April 23, 2026.
According to the commission, the suspect is linked to a trans-border syndicate engaged in credit card fraud, operating across Nigeria and neighbouring countries.
“Members of the syndicate open bank accounts in Nigeria, obtain Automated Teller Machine (ATM) cards and PINs, and then move to neighbouring countries where they use the cards to carry out fraudulent transactions on accounts belonging to customers with high balances.”
The commission said investigations are ongoing and assured that the suspect would be arraigned upon completion of the probe.