The Philippines National Bureau of Investigation on Tuesday arrested 4 Nigerian nationals in Muntinlupa City for alleged involvement in an international syndicate that hacks and siphons funds from banks, ABS-CBN Philippines reports.

According to the NBI, the fraudsters’ transactions were traced when they hacked a system of one Philippine bank, where at least P100 million (Seven Million Naira) were transferred and funneled into a different account.



“The international syndicate is a bit complicated, to the point that they are studying the system flaws. When they see weakness there they take advantage,” NBI Cybercrime Division chief Vic Lorenzo said.

One of the suspects’ Filipina girlfriend admitted to having used her account to deposit and withdraw money amounting to at least P2 million, which was supposedly for tuition.

Blank ATM cards and bank receipts were confiscated from the suspects.

The Nigerians denied the allegations, citing that they were here in the country to study and that they know nothing about the hacking incident. The funds withdrawn were donations from a Nigerian student community, one of them said.



The NBI said the Nigerians violated the Access Device Law, Anti-Cybercrime law and falsification of public documents.

Asphericnews:


According to the NBI, the fraudsters’ transactions were traced when they hacked a system of one Philippine bank, where at least P100 million (Seven Million Naira) were transferred and funneled into a different account
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riches4me:
O boy! see convertion o.

Cashsteady:
Abeg which other tribe in Nigeria will want to go to philliphines if not the igbos? You people have finally destroyed Nigeria image abroad and I hope ur Happy, you people should not cry to un or any international body when other tribes will start revenging, you should not cry when yourubas get fed up of you people and start chasing you out their land because I don't understand why a tribe will be this desperate for money, same way they have littered the whole south west with their fake product.. Now they are shouting they want biafra and you think Nigeria will give it to you? The same Nigeria you have spoil their image abroad you want to leave it for free? Not possible!

Simplyleo:
Online country pipu.

Cashsteady:
Abeg which other tribe in Nigeria will want to go to philliphines if not the igbos? You people have finally destroyed Nigeria image abroad and I hope ur Happy, you people should not cry to un or any international body when other tribes will start revenging, you should not cry when yourubas get fed up of you people and start chasing you out their land because I don't understand why a tribe will be this desperate for money, same way they have littered the whole south west with their fake product.. Now they are shouting they want biafra and you think Nigeria will give it to you? The same Nigeria you have spoil their image abroad you want to leave it for free? Not possible!

Camos:
Op, why you wan confuse Ncan members nah