EFCC Arrests Cameroonian for Alleged N1.5bn Bank Fraud in Lagos
Lagos, Nigeria — April 24, 2026
Operatives of the Economic and Financial Crimes Commission (EFCC), Lagos Zonal Directorate 2, Ikoyi, have arrested a Cameroonian businessman, Bekono Marc Eric, over an alleged N1.5 billion bank fraud.
The 47-year-old suspect, said to be a member of a trans-border syndicate specialising in credit card fraud, was apprehended on Thursday, April 23, 2026, in the Ikorodu area of Lagos.
According to investigations by the EFCC, the syndicate operates by opening bank accounts within Nigeria and obtaining Automated Teller Machine (ATM) cards along with their Personal Identification Numbers (PINs). The group then reportedly moves to neighbouring countries, where they use the cards to execute fraudulent transactions on accounts belonging to unsuspecting customers with substantial balances.
The anti-graft agency disclosed that the suspect will be charged to court upon the conclusion of ongoing investigations.
