The Interpol, National Central Bureau, NCB and the Nigerian Police Force have arrested twelve alleged members of a prolific cybercrime network in Abuja, Lagos, and Delta states.
The suspects are said to be members of Silver Terrier, a network known for business e-mail compromise scams that have harmed thousands of companies globally.
Vice President of INTERPOL and Head of National Central Bureau Abuja, Garba Umar said it was a joint operation that led to the arrest of the suspects with intelligence provided by the Interpol cybercrime directorate in Singapore.
Preliminary analysis confirms that the suspects’ collective involvement in criminal schemes is associated with more than 50,000 victims.
One of the suspects arrested has in his possession more than 800,000 potential victims’ domains credentials on his laptop.
Another suspect had been monitoring conversations between 16 companies and their clients and diverting funds to Silver Terrier whenever the companies’ monetary transaction is about to be made.