An Inner London Crown Court has sentenced five Nigerians to various jail terms over the theft of £610,000 from business bank accounts.
According to reports, Victor Oke, 39, of Galleons Drive, Barking, used stolen data provided by Desmond Uyiosa Abifade, 25, of Henniker Road, Stratford, to falsely impersonate company directors via telephone banking.
Once Oke gained access, he diverted funds to ‘mule’ beneficiary accounts monitored by Moses Kuye, 28, of Connaught Road, Silvertown.
Melinda Mensah-Oke, 37, also of Galleons Drive, impersonated company directors when a female voice was necessary, while Arinola Kuye, 27, also of Connaught Road, acted as the group’s money launderer.
They were caught after being spotted by fraud investigators at HSBC, who passed the case to the dedicated card and payment crime unit (DCPCU) to investigate.
The DCPCU is sponsored by the banking industry and made up of officers from the City of London Police and the Metropolitan Police Service, bank investigators and support staff from UK Finance.
Police were able to analyze when and where the calls were made to identify the phones used and from there, the perpetrators.
All five were charged with conspiracy to commit fraud by false representation, which they pleaded not guilty to.