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€14.7M COVID19 fraud: 2 Nigerians arrested for defrauding German Company

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The Cybercrime Unit of the Nigeria Police Force, Interpol National Central Bureau, Abuja, has arrested two suspects for alleged involvement in €14.7 million COVID-19 Personal Protective Equipment contract scam.
The suspects, Babatunde Adesanya and Akinpelu Abass, reportedly cloned the corporate website of ILBN Holdings BV, Holland, to defraud one Freiherr Hahn, a representative of the German State of North Rhine-Westphalia.
According to a statement in Abuja on Sunday, by the Force Public Relations Officer, DCP Frank Mba, the suspects fraudulently obtained from the victim the sum of €1.5m and another €880,000 as advanced payment for the supply of COVID-19 PPEs valued at €14.7m.
Disturbed by the non-arrival of the PPEs, the victim eventually visited the corporate office of ILBN Holdings BV in Holland to know the reason for the delay in supplying the items, only to find out that the transaction was a scam.
The police stated that the suspects would be arraigned soon.

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