{"id":25083,"date":"2019-02-09T14:34:27","date_gmt":"2019-02-09T14:34:27","guid":{"rendered":"https:\/\/packetstormsecurity.com\/news\/view\/29807\/Alleged-Bitcoin-Hacker-In-EFCC-Custody-For-Internet-Fraud.html"},"modified":"2019-02-09T14:34:27","modified_gmt":"2019-02-09T14:34:27","slug":"alleged-bitcoin-hacker-in-efcc-custody-for-internet-fraud","status":"publish","type":"post","link":"https:\/\/www.threatshub.org\/blog\/alleged-bitcoin-hacker-in-efcc-custody-for-internet-fraud\/","title":{"rendered":"Alleged Bitcoin Hacker In EFCC Custody For Internet Fraud"},"content":{"rendered":"<p><strong>Adelani Adepegba, Abuja<\/strong><\/p>\n<p>One Victor Umeakuka has been arrested for allegedly hacking into bitcoin wallets and stealing coins, which he illegally resells.<\/p>\n<p>Posing as Toby Campbell on WhatsApp, the 26-year-old was said to have used the proceeds of his crime to buy several cars, including a Mercedes Benz C300 for N6.5m.<\/p>\n<div class=\"code-block code-block-1\"><ins class=\"adsbygoogle\" data-ad-client=\"ca-pub-7167863529667065\" data-ad-slot=\"3170081376\"\/> <\/div>\n<p>The suspect, who was arrested by operatives of the Economic and Financial Crimes Commission in Abuja, reportedly confessed to have hacked into the bitcoin wallets while posing as a coin miner.<\/p>\n<p>The graduate of Physics and Astronomy was arrested at House 9, Mobile Michael Crescent, Gwarimpa, Abuja, following an intelligence report that the building was a nest of fraudsters and Internet scammers.<\/p>\n<p>The acting EFCC spokesman, Tony Orilade, who confirmed the arrest, said a search warrant was executed at the residence, leading to the recovery of laptops of different makes, phones, modems, SIM cards and other items.<\/p>\n<p>He stated, \u201cIn the course of the investigation, preliminary findings revealed that the suspect is into the bitcoin business and uses his bitcoin account to buy and sell stolen bitcoins. He confessed that he hacks into other people\u2019s bitcoin wallets, transfers the contents, which he then sells to unsuspecting members of the public.<\/p>\n<p>\u201cHe uses the name, Tony Campbell to pose as a bitcoin miner.\u201d<\/p>\n<p>In a related development, the commission has also apprehended one Chidiebere Chiama for Internet fraud and hacking into bitcoin wallets.<\/p>\n<p>The suspect reportedly told investigators that he used Blockchain to receive stolen bitcoins, which he converted to cash for as much as $1,000.<\/p>\n<p>\u201cThe suspect claimed he has not benefited much from the business\u201d the commission stated.<\/p>\n<div class=\"code-block code-block-2\"><ins class=\"adsbygoogle\" data-ad-client=\"ca-pub-7167863529667065\" data-ad-slot=\"4561673892\"\/> <\/div>\n<p>The two suspects were said to have entered into a plea bargain with the EFCC.<\/p>\n<p><em><strong>Copyright PUNCH.\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/strong><\/em> <strong><em><br \/><\/em><\/strong><em>All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.<\/em><\/p>\n<p><strong>Contact: <u>the<\/u><\/strong><a href=\"https:\/\/punchng.com\/cdn-cgi\/l\/email-protection#b1d4d5d8c5dec3f1c1c4dfd2d9dfd69fd2dedc\"><strong><span class=\"__cf_email__\" data-cfemail=\"781d1c110c170a38080d161b10161f561b1715\">[email\u00a0protected]<\/span><\/strong><\/a><\/p>\n<div class=\"code-block code-block-3\"\/>\n<h3 class=\"downloadApp_title\">DOWNLOAD THE PUNCH NEWS APP NOW ON<\/h3>\n<div class=\"box_app\"><a href=\"https:\/\/itunes.apple.com\/us\/app\/punch-news\/id1416286632?platform=ipad&amp;preserveScrollPosition=true#platform\/ipad\"><img decoding=\"async\" src=\"https:\/\/cdn.punchng.com\/wp-content\/uploads\/2018\/10\/31105756\/ios.png\"\/><\/a> <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=punchmobile.punchng\"><img decoding=\"async\" src=\"https:\/\/cdn.punchng.com\/wp-content\/uploads\/2018\/10\/31110016\/android.png\"\/><\/a><\/div>\n<div class=\"hidden-sm-up\"><ins class=\"adsbygoogle\" data-ad-client=\"ca-pub-7167863529667065\" data-ad-slot=\"3491896690\" data-ad-format=\"auto\"\/> <\/div>\n<p>READ MORE <a href=\"https:\/\/packetstormsecurity.com\/news\/view\/29807\/Alleged-Bitcoin-Hacker-In-EFCC-Custody-For-Internet-Fraud.html\">HERE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>READ MORE HERE&#8230;<\/p>\n","protected":false},"author":2,"featured_media":25084,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","footnotes":""},"categories":[277],"tags":[5784],"class_list":["post-25083","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cybersecurity-blogs","tag-headlinehackerfraudcryptography"],"yoast_head":"<!-- This site is optimized with the 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