November 23, 2024

Operatives of INTERPOL in Nigeria have arrested one Abayomi Segun Oluwasesan, who hacked his company’s blockchain and made away with approximately $87m. 




He was working at Afriq Arbitrage System, a global crypto space, was arrested earlier in the week alongside his accomplice.


He was employed by the company on June 15, 2022 to work as a web developer and hacked the platform at a time when his boss, Jesam Micheal went for a liver transplant and entrusted the codes to him all because his boss entrusted him with the sensitive data for the smooth operations of the company and ended up stealing about $87 million which he spent flamboyantly.


He opened a car dealership known as Fidoray Autos and imported over 30 exotic wonders on wheels. He also brought a house and acquired a residence permits in the U.K., same as Tanzania, Dubai, UAE. One of the plazas he acquired in Lagos was to the tune of N450 million, landed properties around Dangote refineries to the tune of N1 billion, and splashed a billion naira on the interior decoration of his hotel in Mainland, Lagos State. He was traveling across the globe with investors’ money on first-class tickets.


Unfortunately, this criminal and dubious activity by him literally cr@shed the lucrative platform on the May 15, 2023 sending the man back to square one.. 


This is disheartening. And outside the physical assets, the man may not get back his lost money as well as his clients money. People can be bad!!


Afriq Arbitrage System wrote: “afriq_arbitrage

 AAS WAS BUILT ON TOPNOTCH SECURITY ARCHITECTURE THAT DEFENDS ITSELF AGAINST AGGRESSIVE ATTACKS FROM EXTERNAL FORCES. THIS WAS DEMONSTRATED MANY TIMES. HOWEVER, THE SECURITY OF A FORTRESS STRONGLY FORTIFIED AGAINST INVASION CAN BE COMPROMISED IF ONE OF THE OCCUPANTS OF THE FORTRESS LEAKS SECURITY INFORMATION TO EXTERNAL INVADERS AND SECRETLY OPENS THE GATE FOR THEM. THE ENEMY WITHIN IS THE DEADLIEST ENEMY TO CONTEND WITH: FRIENDLY BUT EXTREMELY WICKED AND RUTHLESS.


“AAS EMPLOYED ABAYOMI SEGUN OLUWASESAN ON THE 15th OF JUNE 2022 TO WORK AS A WEB DEVELOPER. BY VIRTUE OF HIS JOB, HE WAS PART OF THE AAS BUILDING PROCESS AND WAS ENTRUSTED WITH SOME SENSITIVE DATA FOR THE SMOOTH OPERATIONS OF THE COMPANY.

OVERWHELMED BY GREED, WHEN AAS STARTED BOOMING ABAYOMI SEGUN OLUWASESAN DECIDED TO HIRE THE SERVICES OF OTHER CYBER CRIMINALS NAMED FEMI OKUNADE, ADENIYI ONIFADE, SAMSON OLORUNTOBA AND THEIR GANG TO HACK INTO AAS THEREBY DISRUPTING ITS SMOOTH OPERATIONS.


“ALL THE HACKERS MENTIONED ABOVE INCLUDING ABAYOMI HAVE BEEN ARRESTED AND TAKEN INTO CUSTODY. THE HACKERS HAVE PRESENTLY CONFESSED TO INTERPOL NIGERIA THAT THEY HACKED INTO AAS USING THE PRIVILEGED INFORMATION GIVEN TO THEM BY ABAYOMI – THE AAS EMPLOYEE. THE CRIMINALS WILL ALL FACE THE FULL WRATH OF THE LAW.”


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