Two fraudsters were recently arrested in Abuja (Nigeria’s capital) by the Nigerian police in connection with a €2.3 million scam to buy COVID-19 personal protective equipment (PPE). According to the report, the two fraudsters aged 41 and 50 falsely presented themselves as members of a Dutch company to defraud a representative of the German State of North Rhine-Westphalia. The men who the authorities said they are members of a sophisticated transnational criminal network, cloned the corporate website of ILBN Holdings BV (a company in Netherlands) before executing the fraudulent transaction. The fraudulent transaction was valued at €14.7 million, but they had collected €1.5 million from Von Han and another advanced payment of €880,000 for the supply of COVID-19 personal protective equipment (PPE) which was done through a Nigerian based bank account. When the order was not delivered, a representative of Freiherr Fredrick Von Hahn visited ILBN Holdings BV office in Netherlands to inquiry about the delay. He was told that ILBN Holdings had never done business with him. The Dutch police launched an investigation which led to their arrest in Abuja. Also two other suspects were arrested in Netherlands. The fraudsters specialised in identity theft and cyber-stalking according to authorities.
Source: Viewers Corner News.