CID arrests 11 ‘sakawa’ boys involved in a GHC326 million UMB fraud case

CID arrests 11 ‘sakawa’ boys involved in a GHC326 million UMB fraud case

- The CID has arrested 11 fraudsters who attempted to withdraw monies from banks

- One other suspect is currently on the run

- They are suspected of wiring various sums of monies through a number of banks in and outside Ghana

The Criminal Investigations Department (CID) of the Ghana Police Service (GPS) has apprehended 11 men suspected of internet fraud.

Information obtained from MyNewsGH.com shows that the suspects, made up of both Ghanaians and Nigerians, attempted to withdraw GHC326 million from the UMB Bank.

YEN.com.gh is yet to confirm the modus operandi used by the suspects apprehended by the CID.

Bundles of money

Source: Supplied

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It has however been established that they hacked into the systems of the banks, and this eventually was eventually noticed by the UMB Bank who notified the police.

The CID consequently began investigations into the matter, and arrested 11 out of the 12 suspects.

About GH¢1 million of the money had already been withdrawn from some of the accounts through Automated Teller Machines (ATM) in Dubai in the United Arab Emirates, using internationally accepted credit cards, even before the case was reported to the Police.

The suspects who have been processed for court are expected to reappear in court on August 9, 2018 to assist police conduct further investigations into their financial crime.

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Source: Yen.com.gh

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