Ethiopia intelligence intercepts $110 million cyber fraud

May11,2020
Ethiopia intelligence intercepts $110 million cyber fraudEthiopia intelligence intercepts $110 million cyber fraud

The National Intelligence and Security Service (NISS) of Ethiopia said it has captured six criminals involving one Nigerian, who tried to steal $110 million from an American citizen using wire transfer.

The criminals have used international money transfer system with fake ID and documents. The criminals were caught red-handed after they faked a document including ATM cards, which stated that an American citizen named Neal Charles has ordered a transfer of $110 million from his account.



The criminals, who were under the radar of the Ethiopian intelligence, are captured on Saturday after they withdraw some of the money – 60, 990, 939 birr (aboput $1.8 million) from Commercial Bank of Ethiopia in Addis Ababa. The criminals were arrested with the money before leaving Finfine Branch of Commercial bank of Ethiopia, according to the state broadcaster – ETV.

It is stated that the mastermind of the fraud is a Nigerian citizen, Adeymi Aderemi Abdulrafiu, who has been in Ethiopia coordinating the fraud. He has collaborated with experienced Ethiopian cyber and information technology professionals, who are also captured by NISS.

Related Post