EFCC Arrests Cameroonian For Alleged ₦1.5bn Bank Fraud In Lagos

The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission (EFCC) in Ikoyi has arrested a Cameroonian businessman, Bekono Eric, over an alleged N1.5 billion fraud involving a major Nigerian bank.

The 47-year-old suspect was arrested by EFCC operatives on Thursday, April 23, 2026, in the Ikorodu area of Lagos.

According to the EFCC, he is believed to be part of a cross-border group suspected of carrying out large-scale credit card fraud.

The EFCC said the group allegedly opens bank accounts in Nigeria, collects ATM cards and PINs, and then travels to nearby countries where they use the details to make unauthorized transactions on accounts with high balances.

The anti-graft agency explained that the operation targets customer accounts and is carried out across borders to avoid detection.

The EFCC added that once investigations are completed, the suspect will be taken to court for prosecution.

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