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 and 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, Tanzania Dubai, UAE. One of the plazas he acquired in Lagos was to the tune of N450 million approx $750,000.
He also bought properties around Dangote refineries to the tune of N1 billion approx $1.3 million and splashed a billion naira ($1.3 million) 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 May 15th 2023 sending the company back to square one..
This is disheartening. And outside the physical assets, the owner of the company may not get back his lost money as well as his clients money. People can be bad!!
Greed can be fatal
