Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested a 47-year-old Cameroonian national, Bekono Marc Eric, in Lagos over alleged involvement in a ₦1.5 billion credit card fraud.
The suspect was apprehended in the Ikorodu area and is believed to be part of a cross-border syndicate known for carrying out financial crimes using stolen banking details.
According to a statement by EFCC spokesperson Dele Oyewale, Eric was arrested on April 23, 2026, for allegedly defrauding a first-generation bank of the said amount.
Investigations indicate that the group typically opens bank accounts in Nigeria, obtains ATM cards and PINs, and then travels to neighbouring countries where the cards are used to execute fraudulent transactions on accounts belonging to customers with large balances.
The anti-corruption agency stated that the suspect will be charged to court upon the conclusion of investigations.