A 30-year-old suspected internet fraudster, Victor Ojionu, who specialized in hacking into credits cards belonging to Nigerians and foreign nationals, have been arrested in Abuja, for stealing over N500 million within the space of five years.
The suspect allegedly succeeded in defrauding his victims using a popular online retail site, Amazon.com, where he purportedly sells books.
Sources disclosed that the Imo State-born suspect, designed a payment portal, known as Payoneer, which he linked to his book-selling website on Amazon.com and he steals credits cards details and identities of its owner using his payment portal.
It was gathered further that when Ojionu succeeds in stealing the credit cards details of his victims, he would proceed in buying baby dippers, wipers, wrist watches 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 has 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 Imo 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.
The electrical engineering graduate of the University of Nigeria Nsukka, stated that he became an internet fraudster in 2015, during his NYSC in #Calabar, #CrossRiversState.
“I learned the internet fraud business in 2015 during my NYSC days in Cross Rivers and I bought a house worth N60 million from the deal before I relocated to Abuja, where I bought another house for N65 million.”
