Four Nigerians in Muntinlupa City, Philippine have been arrested for alleged involvement in an international syndicate that hacks and siphons funds from banks .
However , the Nigerians denied the allegations .
The National Bureau of Investigation made this known in a statement on Tuesday , ABS CBN News reports .
The statement was signed by NBI ’s Cybercrime Division chief, Vic Lorenzo.
The investigative bureau claimed that “the fraudsters ’ – Nigerians – transactions were traced when they hacked a system of one Philippine bank , where at least P 100 million were transferred and funneled into a different account ”.
It alleged that the Nigerians violated the Access Device Law , Anti -Cybercrime law , and falsification of public documents .
But the NBI in the statement failed to name the arrested Nigerians .
The statement read , “The international syndicate is complicated. . to the point that they study the system ’s flaws . Once they see a weakness, they will take advantage of that.
“One of the suspects ’ Filipina girlfriend admitted to having used her account to deposit and withdraw money amounting to at least P 2 million , which was supposedly for tuition .
“Blank ATM cards and bank receipts were confiscated from the suspects .”
While denying the allegation , the Nigerians told ABS CBN that they were in the country to study , and they “know nothing about the hacking incident ”.
“The funds withdrawn were donations from a Nigerian student community ,” one of them said .
