I Bought N125m Houses During My NYSC – Man Arrested Over Alleged N500m Fraud

Victor Ojionu, a 30-year-old engineering graduate of
the University of Nigeria Nsukka, who specialized in
hacking into credits cards belonging to Nigerians
and foreign nationals, has been arrested in Abuja,
for allegedly stealing over N500 million in about
five years.

The suspect allegedly succeeded in defrauding his
victims using an online retail site, Amazon.com ,
where he purportedly sells books.

It was gathered that the suspect designed a
payment portal which he linked to his book-selling
portal and he steals credits cards details and
identities of its owner using his payment portal.

It was revealed that when Ojionu succeeds in
stealing the credit cards details of his victims, he
would proceed to buying baby dippers, wipers,
wristwatches 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 have 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 ImoState from the 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.

While confessing to the commission of the crime,
the suspect said: “I learned the internet fraud
business in 2015 during my NYSC days in Calabar,
CrossRiversState and I bought a house worth N60
million from the deal before I relocated to Abuja,
where I bought another house for N65 million.”