A staff member of Ecobank has been sentenced to prison for their involvement in a ₦2.4 million cybercrime scheme in Lagos. According to authorities, the individual was found guilty of diverting funds through unauthorized digital transactions, exploiting their position within the bank.
The Lagos State Special Offences Court delivered the judgment after reviewing evidence linking the employee to fraudulent activities. The Economic and Financial Crimes Commission (EFCC) led the investigation and prosecution, highlighting the growing need for tighter cybersecurity and internal monitoring in financial institutions. This conviction serves as a stern warning to insiders who misuse their access to exploit customers and the banking system.
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