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Operatives of the Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, Ikoyi, have arrested a Cameroonian businessman, Bekono Marc Eric, over an alleged N1.5 billion bank fraud.
The 47-year-old suspect was picked up on Thursday, April 23, 2026, in the Ikorodu area of Lagos, following intelligence linking him to a cross-border syndicate notorious for credit card fraud.
Investigators say the group operates by opening bank accounts in Nigeria, securing ATM cards and PINs, and then moving to neighbouring countries where they execute fraudulent withdrawals from accounts belonging to high-net-worth customers.
The suspect is expected to be arraigned in court upon the conclusion of investigations.
