EFCC) has apprehended Olawole Sunday, a suspected online fraudster

The Economic and Financial Crimes Commission (EFCC) has apprehended Olawole Sunday, a suspected online fraudster, for allegedly buying bank account information to carry out financial scams.


In a statement issued on Monday by Dele Oyewale, the EFCC's head of Media and Publicity, it was revealed that Sunday operated by recruiting young individuals to open multiple bank accounts, for which he paid between N25,000 and N50,000 each, while also collecting their complete banking details, including Automated Teller Machine (ATM) cards. The investigation began when Sunday reportedly used the account information of Uyi Eghosa to defraud a victim of N2 million under the pretense of forex trading. Eghosa was subsequently arrested and claimed ignorance of the fraudulent activities involving his account, explaining to investigators that he had given his account details and ATM card to Sunday in exchange for a N25,000 payment. Oyewale stated, "Operatives from the Benin Zonal Directorate of the EFCC have arrested Olawole Sunday, who specialized in purchasing individuals' bank account details to defraud unsuspecting victims. His method included persuading young people to set up multiple bank accounts, compensating them with either N25,000 or N50,000 per account, while obtaining their bank information, including ATM cards." He further noted that Eghosa's revelation about being unaware of the misuse of his account led to Sunday's arrest. Following his detention, Sunday confessed to his involvement in the crime and will face charges in court once the investigation concludes.
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