In response to the escalating cyber threats aimed at the Banking and Financial sector, as well as unsuspecting members of the public falling victim to High-yield Investment Fraud (HYIF), the Nigeria Police Force – National Cybercrime Centre (NPF-NCCC) recently convened a crucial symposium. The primary focus of this event, which was attended by Compliant and Fraud desk officers from banks across Nigeria was to foster active collaboration and engagement in the ongoing battle against cybercrime. A statement released by ACP Olumuyiwa Adejobi, spokesperson of the command, said on the heels of the above, the Nigeria Police Force National Cybercrime Centre swiftly initiated a coordinated, intelligence-led operation, leading to the arrest of eight notorious cybercriminals. This operation spanned from 16th to 20th August 2023 and was in response to the emergence of a new cyber threat characterized by the creation of cloned banking websites to facilitate high-yield investment scams and money laundering. The arrested suspects include Nwaonicha Emeka aged 30, Osaretin Oghomwen aged 27, Sunday Aniekan aged 23, Devine Daniel aged 19, Ibrahim Abdulaziz aged 21, Daniel Breba Omamuke aged 23, Muhammed Azimeye aged 29, Aniwen Abraham aged 23, Pasca Obinna aged 27, and Godwin Chinaza aged 26, all male residents of the Federal Capital Territory (FCT). They have all confessed to their various degrees of involvement in these criminal activities and will be charged to court upon the conclusion of the investigation. The police said efforts are also underway to inform and support victims of these fraudulent schemes on a global scale. Additionally, the fraudulent online platforms involved in these activities have been confiscated. Members of the global cyber community are strongly advised to remain vigilant and report any platforms that promise unrealistically high returns on minimal investments or any other forms of cybercrime through the dedicated e-reporting portal at incb.npf.gov.ng.The Inspector General of Police IGP Kayode Adeolu Egbetokun, NPM, Ph.D, while reaffirming his commitment to making technological advancements a cornerstone of the fight against crime commended the Nigeria Police Force – National Cybercrime Centres efforts and urged its Director, DCP Uche Ifeanyi Henry, to intensify the Centres collaboration with other agencies and uphold fundamental human rights in the pursuit of reducing cybercrime and cyber-related crimes in the country to the barest minimum.” the statement readThe post Police arrest criminals who specialize in cloning bank websites to facilitate high-yield investment scams and money laundering appeared first on Linda Ikeji Blog.