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Four nabbed for helping kidnappers to receive ransoms, build fraudulent crypto website 

“The suspects were receiving kidnapping ransoms with their accounts.’’

• July 24, 2024
suspects
suspects

The Delta State Police Command has paraded four suspects for conspiring with kidnappers to help receive ransoms.

The command’s Public Relations Officer, Bright Edafe, in a video, disclosed this in a post shared on his official X handle on Wednesday.

Attaching a video to his post, the command’s spokesperson said the suspects confessed to using the kidnapping proceeds to build a cryptocurrency website for internet fraud.

Narrating how their modus operandi, Mr Edafe said the suspects revealed that after receiving the ransom in their personal bank accounts, they take their share of the proceeds before withdrawing the balance in cash to the kidnappers.

Mr Edafe said, “The suspects were receiving kidnapping ransoms with their accounts, taking 15 per cent and withdrawing the balance of 85 per cent via PoS and giving to the kidnappers in cash.”

He stated that the suspect revealed that they “were using the proceeds to build a crypto website for Internet fraud.”

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