The Nigeria Police Force (NPF), through its National Cybercrime Centre, has recorded a major breakthrough in the fight against cyber-enabled financial crimes, dismantling a cross-border fraud syndicate and arresting multiple suspects involved in high-level scams and business email compromise schemes.
According to the Force, under the coordination of the Inspector-General of Police, Olatunji Rilwan Disu, the operations were intelligence-driven and aimed at protecting financial systems and foreign investment from criminal exploitation.
In one of the major cases, operatives arrested Agbor Martins Black-Diamond, who allegedly posed as a World Bank and donor agency official. Investigations revealed that victims in East Africa were defrauded of about $250,000 over several years under the guise of registration and administrative fees for phantom funding schemes.
The suspect reportedly staged fake international symposiums and later pressured victims into securing loans against personal assets for a non-existent $850,000 empowerment package.
Authorities also uncovered additional fraudulent activities involving local farmers in Nigeria, where funds were collected under false empowerment claims.
In a separate operation, cybercrime detectives arrested a former employee, Chinedu Mbachu, over alleged unauthorized system access, cybersquatting, and diversion of customer payments in a business fraud case. Items recovered included mobile devices and identity documents used in the scheme.
Similarly, two suspects, Ayodele Daramola and Dada Babatunde Oluwatobi, were arrested over allegations of conspiracy, data breaches, and Business Email Compromise (BEC), through which they allegedly siphoned ₦85 million from a company between May and December 2025 by manipulating internal payment systems and diverting funds into personal accounts.
The Police said all suspects are undergoing further investigation and will be charged to court upon conclusion of inquiries.
The NPF reiterated its commitment to dismantling cybercrime networks and safeguarding Nigeria’s digital and financial environment from increasingly sophisticated fraud operations.
