By Adebola Isimijola, Lagos

Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested a Cameroonian national, Bekono Marc Eric, over his alleged involvement in a cross-border bank fraud valued at about N1.5 billion.

The 47-year-old suspect was apprehended on Thursday, April 23, 2026, by officers of the Lagos Zonal Directorate 2 of the Commission in Ikoyi, following intelligence that linked him to operations in the Ikorodu area of Lagos.

The EFCC disclosed that the suspect is believed to be a member of a transnational syndicate specialising in credit card fraud.

Investigations revealed that members of the group allegedly open bank accounts in Nigeria, obtain Automated Teller Machine (ATM) cards along with their Personal Identification Numbers (PINs), and travel to neighbouring countries where the cards are used to withdraw funds fraudulently from accounts belonging to unsuspecting customers with high balances.

The Commission stated that the suspect will be charged to court upon the conclusion of ongoing investigation.