Police from the Lagos State command, in a joint operation with their Edo State counterparts have nabbed the mastermind behind the syndicate group, comprising over 10 fraud groups impersonating the Central Bank of Nigeria , under the name “CBN Helping Hands Investment Scheme,” to defraud unsuspecting members of the public.
Police sources disclosed that many digital assets seized from the syndicates are currently being subjected to forensic analysis by the cyber intelligence units of the Nigeria Police and the CBN. Confirming the report made by the CBN to the police, its acting director, corporate communications department, Mr Osita Nwanisobi, said the move was necessary because the syndicate had succeeded in defrauding many victims, using the logo, seal, general signage and brand of the CBN.
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