TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Fraudsters hack company’s server, steal N435.3m

The Editor by The Editor
March 17 2023
in Financial Crimes
A A
0
Fraudsters hack company’s server, steal N435.3m

The Lagos State Police Command has arraigned a fraud syndicate comprising eight men before the Federal High Court in Lagos for allegedly hacking into the server of an electronic platform, ITEX Integrated Services Limited, and stealing N435.3m.

The defendants including Aderuku Adedayo, Adigun Benjamin, Awopetu Tosin, Ajibade Ayomide, Ojo Olwaseun, Miller Oluwafemi, Olaleye Samuel and Ajibade Ayodeyi, are facing charges bordering on conspiracy, hacking, stealing and fraud preferred against them by the police.

The prosecutor, Morufu Animashaun, told the court that the defendants conspired among themselves and others now at large to commit the offences on September 7, 2022, at 1E, Sinari Daranijo Street, Victoria Island, Lagos.

He said the defendants jointly hacked the company’s server and defrauded the company of N435, 386, 699. 99.

The prosecutor told the court that the first defendant benefitted the sum of N29.9m, while the second defendant received N51m, with the third and fourth defendants benefitting N19m and N20m respectively from the alleged fraudulent acts.

Animashaun further told the court that the fifth to eighth defendants benefitted from the sums of N13m, N3m, N13m and N20m respectively.

He said the first, second, third, seventh and eighth defendants, after the alleged fraud, transferred parts of the money to some people in different banks.

According to the prosecutor, the offences committed contravened Sections 8(a), 1(1)(a), 2(a) and 7(2)(b)of the Advance Fee Fraud and other Fraud Related Offences Act, 2006, and punishable under Section 1(3) of the same Act.

All the defendants pleaded not guilty to the charges.

Following the defendants’ not-guilty plea, the prosecutor asked the court to remand them till the determination of the charges against them.

But the defendants’ counsel, F. F. Abisagbo, told the court that he had filed his clients’ bail application and the same had been served on the prosecution.

The prosecutor, however, told the court that he had not been served with the application.

The court also confirmed that the defendants’ bail application was not before the court.

Consequently, Justice Ambrose Lewis-Allagoa ordered that the defendants be remanded in the custody of Nigerian Correctional Services, and adjourned the case till April 27, for the commencement of trial.

Previous Post

IPOB protests ‘10th deadliest’ terror group ranking

Next Post

Naira redesign: States insist on contempt charge against Malami, Emefiele

Related Posts

Money Laundering: Thousands of Ddllars flown out of Nigeria every hour – INTERPOL
Financial Crimes

EFCC probes suspect with fake $212,200 in Kano

September 17 2026
Cash Transfers Office rejects N33.75bn fraud allegation, presents evidence
Financial Crimes

Cash Transfers Office rejects N33.75bn fraud allegation, presents evidence

September 11 2026
‘Fake’ Agency: Adeyemi insists DG appointment genuine
Financial Crimes

Reps panel traces 58 bank accounts, 12 entities, 39 workers to fake PFIPC DG

September 2 2026
EFCC summons ex-Gov. Sylva over alleged $14.86m fraud
Financial Crimes

EFCC summons ex-Gov. Sylva over alleged $14.86m fraud

September 1 2026
EFCC offers 5% whistleblower reward for tips on stolen assets abroad
Financial Crimes

EFCC offers 5% whistleblower reward for tips on stolen assets abroad

August 27 2026
NDLEA intercepts Europe-bound cocaine consignments
Financial Crimes

NDLEA opposes bail for 10 in N480bn Ogun meth lab

August 21 2026
Next Post
Naira redesign: States insist on contempt charge against Malami, Emefiele

Naira redesign: States insist on contempt charge against Malami, Emefiele

Champions League draw: Real Madrid to face Chelsea as Man City play Bayern

Champions League draw: Real Madrid to face Chelsea as Man City play Bayern

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Minister defends King’s College concession, cites infrastructure decay

Minister defends King’s College concession, cites infrastructure decay

by The Editor
September 16 2026
0

...

Lagos demolishes shanties after four die in community clash

Lagos demolishes shanties after four die in community clash

by The Editor
August 30 2026
0

...

Kano, Sokoto, others spend N53.2bn on scholarships abroad

INEC fixes Sept 19 for Kano Assembly by-election

by The Editor
August 27 2026
0

...

Awujale: Ruling House sues Ogun, kingmakers

Awujale: Ruling House sues Ogun, kingmakers

by The Editor
August 25 2026
0

...

APPOINTMENTS

Gov. Yahaya swears in 19 new Gombe permanent secretaries

Gov. Yahaya swears in 19 new Gombe permanent secretaries

by The Editor
September 11 2026
0

...

Niger State governor appoints six commissioners-designate, four aides

Niger State governor appoints six commissioners-designate, four aides

by The Editor
September 8 2026
0

...

Tinubu swears in Enitan as new Head of Service

Tinubu swears in Enitan as new Head of Service

by The Editor
August 28 2026
0

...

Tinubu names new Head of Service

Tinubu names new Head of Service

by The Editor
August 19 2026
0

...

ODDITIES

Residents find lifeless body in Akwa Ibom gutter, police begin probe

New co-tenant absconds with neighbour’s children in Akwa Ibom

by The Editor
September 17 2026
0

Palliatives: Sokoto residents feared dead in stampede at Wammako’s residence

Police Inspector slumps, dies after fitness exercise

by The Editor
September 3 2026
0

How friend deceived me to sell my kidney, bought phones with payment — Victim

How friend deceived me to sell my kidney, bought phones with payment — Victim

by The Editor
August 30 2026
0

GLOBAL NEWS

Trump bars CNN, MS NOW, Politico from White House

Trump bars CNN, MS NOW, Politico from White House

by The Editor
September 18 2026
0

...

2027 Hajj: Saudi Arabia rejects Nigeria’s request for additional slots

2027 Hajj: Saudi Arabia rejects Nigeria’s request for additional slots

by The Editor
September 17 2026
0

...

Canada flags Nigeria, 16 African countries as high-risk in new travel advisory

Canada raises study permit, visitor visa processing times for Nigerians

by The Editor
September 17 2026
0

...

Trump promises Americans $5,000 if Republicans win Congress

Trump races to confirm judges before midterm elections

by The Editor
September 16 2026
0

...

US, Israel, Iran agree to 2-week ceasefire as Trump pulls back on threats

US Appeal Court affirms block on Trump bid to curb mail-in ballots

by The Editor
September 11 2026
0

...

State of the States

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

by The Editor
September 17 2026
0

...

Fubara orders fresh LG elections in Rivers State

Fubara signs N1.84tt Rivers 2026 budget into law

by The Editor
September 3 2026
0

...

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

by The Editor
September 2 2026
0

...

Gov. Mutfwang convenes security council over Plateau attacks

Gov. Mutfwang convenes security council over Plateau attacks

by The Editor
September 2 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Tinubu orders probe into death of detained miners in Niger State

Tinubu orders probe into death of detained miners in Niger State

September 19 2026
Trump bars CNN, MS NOW, Politico from White House

Trump bars CNN, MS NOW, Politico from White House

September 18 2026
Gov. Bago declares 24-hour curfew following unrest over miners’ deaths

Gov. Bago declares 24-hour curfew following unrest over miners’ deaths

September 18 2026
FG moves to implement Digital Free Zones

FG moves to implement Digital Free Zones

September 17 2026

EDITORIAL REVIEW

2027: Voter registration figures must mirror turnout – Punch

2027: Voter registration figures must mirror turnout – Punch

by The Editor
September 17 2026
0

EFCC recoveries: The good, the bad and the ugly – Punch

EFCC recoveries: The good, the bad and the ugly – Punch

by The Editor
September 11 2026
0

Football’s house of failure – Punch

Football’s house of failure – Punch

by The Editor
September 8 2026
0

FAAC shares N2.09tr to FG, states, local councils as October revenue

FAAC bonanza: Nigeria’s fiscal paradox – Punch

by The Editor
September 3 2026
0

Interstate highways of agony, hollow excuses – Punch

Interstate highways of agony, hollow excuses – Punch

by The Editor
September 1 2026
0

Opinion

 Akpakomiza and other stories

by The Editor
September 1 2026
0

...

‘Fake’ Agency: Adeyemi insists DG appointment genuine

Fake agencies: Why Nigeria still needs Oronsaye report

by The Editor
August 25 2026
0

...

How Adeleke danced back from the dead

How Adeleke danced back from the dead

by The Editor
August 19 2026
0

...

Adeleke’s win and the cost of winning at all costs

Adeleke’s win and the cost of winning at all costs

by The Editor
August 18 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.