• Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Facebook X (Twitter) Instagram
Saturday, June 13
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram
Oriental News Nigeria
  • Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Oriental News Nigeria
Home»News»Suspect Says It Has Been Easy For Him To Hack Into Banks 
News

Suspect Says It Has Been Easy For Him To Hack Into Banks 

By Orientalnews StaffOctober 30, 2018No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Image result for state Commissioner of Police, Imohimi EdgalHyacinth Chinweuba 

A suspected fraudster has revealed to the Lagos police command how he hacked into people’s bank accounts with a software application to withdraw money.
The suspect Olalekan Ayoola, 23, confession also led to the arrest of other suspects – Sodiq Olalere, Ayobami Adebayo (21), Muftau Ibrahim (25), Ogundiran Adeniyi (24), Emmanuel Chukwu (25) and Dare Oyetola (32).

They were arrested at Alaba area of the Lagos metropolis.
“I can hack into some banks which do not have security with ease as well as customers’ accounts after stealing their Automated Teller Machine (ATM) cards.
“I was thought how to use software called Futa by one Lanre. After robbing the victims of their ATM cards, I will copy the security number on the card and use the software application to know the amount of money the persons have in his or her account.
“After I have discovered the money, it is still the same software application I would use to transfer the money into my own personal account and then withdraw it.
“Since I started the robbery operations I have made about N500,000 but I don’t take the money alone, I always share it with my members and the person who thought me how to use the software application.
“I regret my actions. Police should forgive me and give me a second chance. I will definitely stop it if I am set free. I am tired of my actions,”Ayoola said.
The state Commissioner of Police, Imohimi Edgal, who paraded Ayoola among other suspects at the command headquarters yesterday, said about 12.30a.m. on October 7, he received information from a credible source that some armed robbers were sighted making unauthorised withdrawal at Stanbic Bank at Alaba branch, using stolen ATM cards from unsuspecting members of the public.

Edgal said based on the information, operatives from Ojo Police Station and Federal Special Anti- Robbery Squad (FSARS) were swiftly mobilised to the scene and two suspected robbers were arrested while others escaped.
He said: “During interrogation, the suspects confessed to belong to a group of armed robbers popularly called ‘Blue Water Boys’ and they have been terrorising residents of Ojo, Agric, Okomaiko, Ajangbadi, Ijanikin, Iba and its environs.”
The commissioner added that the suspects further confessed to have robbed the owner of a restaurant at Araromi Street, Iba and in the process dispossessed the victim of some ATM cards and phones.
Edgal said one Diamond Bank ATM card, one UBA Bank ATM card, one black Nokia touch phone, one Infinix Hot 4 phone, two laptops, one iPhone 7 plus, one Asus laptop computer, four cut-to-size single-barrelled locally-made guns, 13 unexpended live cartridges and expended cartridges were recovered from the suspects.
He, however, said the suspects would be charged to court after completion of investigation. 

Share this:

  • Share
  • Click to email a link to a friend (Opens in new window) Email
  • Tweet
  • Click to share on Reddit (Opens in new window) Reddit
cover
Orientalnews Staff

Related Posts

RECLAIM AND DEFEND THE YORUBA HOMELAND: Why a Pan-Yoruba Summit Must Convene in Ilorin

June 13, 2026

Warri Federal Constituency II: Warring Parties Agree To Power Sharing 

June 13, 2026

APC National Chairman Urges Defense Of Nigeria’s Democracy 

June 13, 2026

Leave A Reply Cancel Reply

The latest
  • BP’s Great Reversal and the Return of Energy Realism
  • RECLAIM AND DEFEND THE YORUBA HOMELAND: Why a Pan-Yoruba Summit Must Convene in Ilorin
  • Warri Federal Constituency II: Warring Parties Agree To Power Sharing 
  • APC National Chairman Urges Defense Of Nigeria’s Democracy 
  • Fidelity Bank Reaffirms Support For MSMEs, Drives Growth Agenda At SME Forum
  • JMG Marks 28 Years With Stronger Commitment To Sustainable Energy Solutions
  • Osun APC Is A Failure Declares TICC
  • NDSF 2026: Teniola, Ebeledike Inducted Into Hall Of Fame As NiRA, MTN, Digital Realty Honoured 
  • Nigeria Reaffirms Commitment To Hit 2 Million Barrels Daily Oil Production 
  • Rite Foods Engages Schools In Practical Environmental Education 
Categories
Quick Links
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Copyright © 2026 Oriental News Nigeria. All right reserved.

Type above and press Enter to search. Press Esc to cancel.