Four Nigerians arrested for hacking $2,000 from bank

Four Nigerians arrested for hacking $2,000 from bank

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Four Nigerians have been arrested for hacking a Philippine bank where not less than $2,000 was stolen in Manila, the Capital City of Philippine.

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The quartet who have denied the accusations are suspected to be part of an international syndicate that hacks and siphons funds from banks.

The suspects were identified after transactions were traced when they hacked a system of one Philippine bank and transferred the proceeds into a different account, according to the National Bureau of Investigation in Manila.

The authority also revealed that one of the suspects’ Filipina girlfriend admitted her account was used to deposit and withdraw money amounting to at least $41,000 which was supposedly for tuition.

Blank ATM cards and bank receipts also were recovered from the suspects according to the NBI.

The four Nigerians, who were not identified, in their defense said they were in the Country to study and that they knew nothing about the hacking incident.

But, the authority insisted that the Nigerians have breached the Access Device Law, Anti-Cybercrime law, and falsification of public documents.

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