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Nigerian mastermind of global fraud worth millions of dollars arrested from Port Harcourt

10:34 PM | 1 Aug, 2016
Nigerian mastermind of global fraud worth millions of dollars arrested from Port Harcourt
ABUJA - A Nigerian behind thousands of online scandals around the world has been captured in the southern oil city of Port Harcourt.

The 40-year Mike allegedly heads a network of 40 individuals who have carried out global scams worth more than $60 million.

His operations involve the use of targeted malware, compromised emails and romance scandals to take over systems.

"In one instance, a target was conned into paying out $15.4 m," Interpol said in a statement.

"Mike" also allegedly ran a money laundering network in China, Europe and the US.

"The network compromised email accounts of minor to medium businesses around the world, including in Australia, Canada, India, Malaysia, Romania, South Africa, Thailand and the United States," the statement read.

The suspect and an accomplice, who was likewise held in the city, face charges including hacking, conspiracy and obtaining money under false pretexts.

They are currently out on bail as investigations continue, the statement read.

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Currency Rates in Pakistan Today - PKR to US Dollar, Euro, Pound, Dirham, and Riyal 12 April

Pakistani currency remains unchanged against US dollar and other currencies in open market on April 12, 2024.

US Dollar rate in Pakistan

On Friday, the US dollar was being quoted at 277.4 for buying and 280.65 for selling.

Euro was quoted at 299.95 for buying and 302.9 for selling while British Pound stands at 349.5 for buying, and 353 for selling.

UAE Dirham AED was at 75.45 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 12 April 2024

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