Nigerian behind $60 mn online fraud network arrested: Interpol
A Nigerian behind an online fraud network which engineered scams worth more than $60 million (54 million euros) has been arrested in southern oil city of Port Harcourt, Interpol said on Monday. "In one case, a target was conned into paying out $15.4 million," Interpol said, indicating that the arrest was carried out with the support of Nigeria's anti-graft agency the Economic and Financial Crimes Commission (EFCC). The suspect ran a network of at least 40 people working from Nigeria, Malaysia and South Africa which used malware and carried out the fraud, and he also had money laundering contacts in China, Europe and the US who provided bank account details for the illicit cash flow.