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Police uncover N713.9m bank fraud syndicate, arrest two sus…
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Police uncover N713.9m bank fraud syndicate, arrest two suspects
The Nigerian police have arrested two suspects linked to a bank fraud syndicate involving N713.9 million. This operation was conducted by the Police Special Fraud Unit following a complaint from a financial institution.
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The Briefing Africa
May 7, 2026 · 07:06 · 5 min read
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The Nigerian police have arrested two suspects linked to a bank fraud syndicate involving N713.9 million. This operation was conducted by the Police Special Fraud Unit following a complaint from a financial institution.
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The successful arrest highlights the ongoing efforts of the Nigerian police to combat financial crimes. The investigation was initiated after a financial institution reported suspicious activities, leading to the apprehension of the suspects.