Victor Ojionu, a 30-year-old engineering graduate of the University of Nigeria Nsukka, who specialized in hacking into credits cards belonging to Nigerians and foreign nationals, has been arrested in Abuja, for allegedly stealing over N500 million in about five years.
The suspect allegedly succeeded in defrauding his victims using an online retail site, Amazon.com, where he purportedly sells books.
It was gathered that the suspect designed a payment portal which he linked to his book-selling portal and he steals credits cards details and identities of its owner using his payment portal.
It was revealed that when Ojionu succeeds in stealing the credit cards details of his victims, he would proceed to buying baby dippers, wipers, wristwatches and other expensive items from another online retail store, Alibaba.com in China and send the purchased items to Ghana, where they would be sold to his waiting buyers.
After the items have been sold, Ojionu would travel to Ghana, retrieve his money from his buyers and would send the proceeds to Nigeria through a Bureau de Change operator.
The suspect has succeeded in buying two expensive cars, three mansions in Abuja, Cross Rivers State and his hometown in #ImoState from proceeds of his scam. It was also learnt that the suspect has a property under construction at Dabo Estate at Life Camp area of Abuja.
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.
While confessing to the commission of the crime, the suspect said: “I learned the internet fraud business in 2015 during my NYSC days in #Calabar, #CrossRiversState and I bought a house worth N60 million from the deal before I relocated to Abuja, where I bought another house for N65 million.”