By Erewunmi Peace

The Nigeria Police Force has uncovered a cross-border fraud syndicate, leading to the arrest of a suspect who allegedly posed as a World Bank official, alongside two others linked to an ₦85 million email scam.

According to police authorities, the prime suspect is accused of impersonating an official of the World Bank to defraud victims, including foreign nationals, through false promises of financial support and international funding opportunities.

In a related operation, two additional suspects were arrested over their involvement in a business email compromise scheme, where funds totaling ₦85 million were allegedly diverted through fraudulent digital transactions.

Investigations revealed that the suspects employed sophisticated methods, including fake documentation and compromised communication channels, to carry out their activities.

The police disclosed that several items, including electronic devices and other exhibits, were recovered during the operation, adding that efforts are ongoing to identify other members of the syndicate.

Authorities have reaffirmed their commitment to tackling cybercrime and transnational fraud, noting that the suspects will be charged to court upon the conclusion of investigations.