Crime Africa

British Nigerian confesses to stealing $6 million from U.S. firms

Mustapha, a dual national of the UK and Nigeria, was extradited from the UK in August, two years after his initial arrest. The hacking operation involved infiltrating email and brokerage accounts, resulting in significant financial losses for the targeted companies.

Mustapha is facing a potential prison sentence of up to 20 years for his crimes. He recently pleaded guilty in a Brooklyn, New York court to four charges, including computer intrusion, securities fraud, wire fraud, and access device fraud.

The charges stem from his involvement in hacking the computer servers of U.S. financial institutions, enabling unauthorized access to confidential user data, including personal identifying information. As of now, he awaits sentencing, according to the BBC.

Members of the hacking ring, including Mustapha, exploited the stolen information and passwords to wire funds and transfer securities from victims’ accounts to accounts controlled by the perpetrators.

The hacked accounts were used to conduct unauthorized stock trades without the account holder’s knowledge. U.S. authorities had been actively pursuing Mustapha for several years before his recent guilty plea in a New York court.

 

Source: Face2faceafrica

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. In addition to his media ventures, Solomon serves as a Brand Ambassador for Alabuga, a prominent Russian industrial company, representing their interests and expansion across Africa. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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