Cameroonian Bekono Eric arrested for alleged N1.5bn credit card fraud in Lagos

By Ayorinde Oluokun

A 47-year-old a Cameroonian, Bekono Marc Eric, described as a member of a trans-border syndicate that specializes in credit card fraud has been arrested by operatives of Economic and Financial Crimes Commission, EFCC in the Ikorodu area of Lagos.

He was arrested for allegedly defrauding a first-generation bank of about N1.5bn, EFCC spokesperson, Dele Oyewale said in a statement on Friday.

According to the statement, Eric was arrested on Thursday, April 23, 2026.

EFCC alleged in the statement that Eric and members of his syndicate operate by opening bank accounts in Nigeria after which they will obtain Automated Teller Machine (ATM) cards and PINs.

They will then move to neighbouring countries where they use the cards to carry out fraudulent transactions on accounts belonging to customers with high balances.

The anti-graft agency said the suspect will be charged to court as soon as investigations are concluded.