Indian police arrest 2 Nigerians for allegedly stealing N1bn from cooperative banks

The police in India have arrested two Nigerian nationals for allegedly being members of an international cybercrime syndicate linked to the hacking of cooperative banks.

The two men, Modebe Joseph and Sunday Okonkwo, were picked up by the cybercrime unit of Gautam Buddh Nagar Police Commissionerate in Noida, Uttar Pradesh, over their suspected connection with a cyber group known as “Solar Spider.”

According to the Times of India, Joseph, 42, and Okonkwo, 35, worked for the gang targeting financial institutions with weak cybersecurity systems.

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The arrests were executed in a joint operation by the Cyber Crime Police Station and other security agencies.

Deputy Commissioner of Police, Shavya Goyal, said the suspects were part of a wider international cyber network with links to criminal groups operating in Nigeria and South Africa.

“During the weekend of March 7–8, the suspects managed to siphon off around ₹7 crore (approximately N1bn) from the bank. Investigators believe the transaction was deliberately executed over the weekend when the bank was closed, reducing the chances of immediate detection,” Goyal said.

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