Nnamdi Okeakpu, Others Charged With $530 Million Fraud In America
There is no denying the fact that one of Nigeria’s infamous exports is internet fraud, aka Yahoo Yahoo.
Every now and then, stories of the yahoo boys, as the exporters are called, hug the headlines, sinking Nigeria’s name further.
On Wednesday, this trend reared its ugly head again as a Nigerian, Anthony Nnamdi Okeakpu along with 36 others were charged by the US Justice Department in connection with a massive online cybercrime ring that trafficked in stolen personal and financial information.Also Read: Cybercrime: Nigeria Ranks 3rd Globally
But this was no ordinary yahoo crime. It was a sophisticated form involving tens of people working together.
The alleged co-conspirators participated in an international cybercrime ring called Infraud, which facilitated the sale of stolen identities, credit card data, financial information, Social Security numbers and other personally identifiable information through an online discussion forum.
The operation was also used to sell and purchase malware.
Officials said that 13 of the defendants have already been arrested, including 5 Americans.
Okeakpu, who is just 29 years old, is based in the UK and is alleged to have joined in December 2010 and have used the nickname “moneymafia”.
Other defendants include Svyatoslav Bondarenko, a Ukranian accused of having created Infraud in October 2010.
There were also 5 others who were based in the US while others came from France, Canada, Pakistan, Russia Egypt, Italy and Macedonia among other countries…everyone was involved; just like victims also came from more than 50 countries across the world.
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