Victor Ojionu, a 30-year-old engineering graduate of the University of Nigeria Nsukka, has been arrested by in Abuja for making N500 million in about five years through hacking.
Ojionu specialized in hacking into credit cards of Nigerian and foreign accounts.
He purportedly sells books on Amazon.com with a portal he designed to steal people’s identity and credit card details.
After stealing the credit card details, Ojionu proceeds to buying baby diapers, expensives wristwatches and other items on Alibaba.com.
The items are then shipped to Ghana where they have buyers waiting. After the items have been sold, Ojionu travels to Ghana to retrieve the money then send to Nigeria through a Bureau De Change operator.
The suspect is said to have three mansions in Abuja, Cross Rivers State and in Imo State, with a property under construction at Dabo Estate at Life Camp area of Abuja.
Ojionu was arrested after a victim of his alerted the Economic and Financial Crimes Commission, EFCC, of his activities.
While confessing, the suspect said: “I learned the internet fraud business in 2015 during my NYSC days in Calabar, CrossRiversState and I bought a house worth N60 million from the deal before I relocated to Abuja, where I bought another house for N65 million.”