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Interpol Nabs 11 Nigerian Cyber Scam Kingpins

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Interpol, in collaboration with Nigeria Police Force, has arrested 11 members of a Nigerian cybercrime gang, potentially responsible for targeting as many as 50,000 victims in various scams in recent years.
At least, six of the suspects belong to “SilverTerrier,” a syndicate accused of employing a range of malware variants in tens of thousands of financial scams dating back to, at least, 2014.
Palo Alto Networks’ threat intelligence arm, Unit 42, which helped in the investigation, said the six Silver Terrier members have “successfully avoided prosecution for the past half a decade.
This, it said, was due to the complexities of mapping global victims beyond the flow of stolen funds back to the source of malicious network activity.
Unit 42, reports cyberscoop.com, also noted that rather than targeting “easily identifiable money mules or flashy Instagram influencers,” the operation focused instead on the “technical backbone of BEC operations”.
It focused on individuals who have the skills and knowledge to build and deploy the malware and domain infrastructure used in the schemes.
The announcement, last Wednesday, comes two months after three members of the same group were arrested in Operation Falcon.
The arrest of the three followed a year-long Interpol-led investigation into the prolific business email compromise (BEC) scams the group’s members are alleged to have pulled off over the years.
Authorities called this latest roundup Operation Falcon II.
The arrests occurred between December 13 and 22, but it’s not clear exactly where.
Read the full Interpol statement: “The Nigerian Police Force (NPF) has arrested 11 alleged members of a prolific cybercrime network as part of a national police operation coordinated with Interpol.
“Arrested by officers of the NPF Cybercrime Police Unit and Interpol’s National Central Bureau (NCB) in Nigeria, many of the suspects are thought to be members of ‘SilverTerrier’, a network known for Business Email Compromise (BEC) scams which have harmed thousands of companies globally.
“The ten-day Operation Falcon II (13-22 December) saw 10 NFP officers deployed from the Abuja headquarters to Lagos and Asaba to arrest target suspects identified ahead of time with intelligence provided by Interpol.
“Field operations were preceded by an intelligence exchange and analysis phase, where Nigeria used Interpol’s secure global police communications network, I-24/7, to work with police forces across the world also investigating BEC scams linked to Nigeria.
“The Interpol General Secretariat supported field operations 24/7, forensically extracting and analysing data contained in the laptops and mobile phones seized by NPF during the arrests.
“This preliminary analysis indicates that the suspects’ collective involvement in BEC criminal schemes may be associated with more than 50,000 targets.
“One of the arrested suspects was in possession of more than 800,000 potential victim domain credentials on his laptop.
“Another suspect had been monitoring conversations between 16 companies and their clients and diverting funds to ‘SilverTerrier’ whenever company transactions were about to be made.
“Another individual was suspected of taking part in BEC crime across a wide range of West African countries, including Gambia, Ghana and Nigeria.
“By alerting Nigeria to this serious cybercrime threat, Interpol enabled me to give the order to hunt down these globally active criminals nationwide, flushing them out no matter where they tried to hide in my country,” Head of NCB Abuja and INTERPOL Vice President for Africa,Assistant Inspector General of Police Garba Baba Umar, said.
“The outstanding results of Operation Falcon II have served to disrupt this dangerous cyber gang and protect Nigerian citizens from further attack.
“I encourage fellow African countries to also work with Interpol in ridding our continent of cybercrime to make the cyber world a safer place,” Umar added.
“With BEC fraud having both a cyber and a financial element, Operation Falcon II saw financial ‘pathfinder countries’ belonging to Interpol’s Global Financial Crime Taskforce (IGFCTF) – including Nigeria – work together on cross-border financial investigations linked to the operation.
“The IGFCTF is now coordinating further action against ‘SilverTerrier’ bank accounts and sharing intelligence on the domain credentials of potential victims with member countries to prevent further fraud.
“Operation Falcon II sends a clear message that cybercrime will have serious repercussions for those involved in business email compromise fraud, particularly as we continue our onslaught against the threat actors, identifying and analysing every cyber trace they leave,” said Interpol’s Director of Cybercrime, Craig Jones.
“INTERPOL is closing ranks on gangs like ‘SilverTerrier’; as investigations continue to unfold, we are building a very clear picture of how such groups function and corrupt for financial gain. Thanks to Operation Falcon II we know where and whom to target next,” Jonesadded.
“Led by Interpol’s Cybercrime Directorate in Singapore, Operation Falcon II was a cooperative effort involving IGFCTF, Nigerian law enforcement agencies, a range of Interpol expert teams and vital private partners Palo Alto Networks Unit 42 and Group-IB’s APAC Cyber Investigations Team.
“Through Interpol’s Gateway initiative, Palo Alto Networks Unit 42 and Group-IB have contributed to investigations by sharing information on ‘SilverTerrier’ threat actors, and analysing data to situate the group’s structure within the broader organized crime syndicate. They also provided key technical expertise consultancy to support the Interpol teams.
“Gateway boosts law enforcement and private industry partnerships to generate threat data from multiple sources and enable police authorities to prevent and investigate attacks in a timely manner.
“The operation was developed as part of efforts to support joint operations in Africa with funding by the Foreign, Commonwealth and Development Office (UK). Interpol extends its thanks for this support.
“At a time of increased threat, members of the public, businesses and organizations are reminded to protect themselves from online scams by following the advice featured in Interpol’s #JustOneClick, #WashYourCyberHands, #OnlineCrimeIsRealCrime and #BECareful campaigns.
“BEC remains “one of the most financially damaging online crimes,” according to the FBI.
“In 2020 the FBI received more than 19,000 BEC and email account compromise complaints, costing victims as much as $1.86billion.
“BEC refers to a scam where a company employee authorized to make payments on behalf of the company is tricked into authorizing phony payments or money transfers into accounts controlled by the attacker, via spoofed or legitimate email, or over the phone”.

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Rivers Assembly Approves Fubara’s 2026–2028 MTEF

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The Rivers State House of Assembly has approved the 2026–2028 Medium Term Expenditure Framework (MTEF) submitted by Governor Siminalayi Fubara.

 

This reaffirms the lawmakers’ commitment to enacting laws and taking legislative actions geared towards the overall development of the State.

 

The Assembly gave the approval during its Second Legislative Sitting of the Fourth Session held last Friday.

 

Speaking on the MTEF document during plenary, the House Speaker, Rt. Hon. Martin Amaewhule, noted that by the provision of Section 10(1)(b) of the Rivers State Fiscal Responsibility Law No. 8 of 2010, the MTEF ought to have been laid before the House in September 2025.

 

Amaewhule explained that traditionally, the document is expected to be presented four months before the commencement of the next financial year and immediately after the expiration of every three-year fiscal cycle.

 

He, however, stated that in the interest of the State and its people, the House considered it necessary to deliberate on the document, describing it as a precursor to the 2026 Budget Estimates.

 

The Speaker expressed concern that the year had already progressed significantly before the presentation of the framework.

During deliberations on the document, members examined the assumptions and projections contained in the MTEF and observed that strict adherence to the outlined fiscal parameters would ultimately serve the interest of Rivers people.

 

The lawmakers maintained that effective implementation of the framework would promote prudent financial management and enhance developmental planning across the State.

 

Following the debate and positive consideration by members, the Speaker put the question to the House and members voted overwhelmingly in support of the approval of the MTEF.

 

Meanwhile, during the same sitting last Friday, the House also received a petition from the Chairman of Obio/Akpor Local Government Council, Dr. Gift Worlu.

 

The petition was presented by the member representing Obio/Akpor Constituency II, Hon. Emilia Amadi.

 

According to the petition, concerns were raised over an imminent security breach, threats to lives, destruction of property and alleged forceful takeover of property by some lawless persons within parts of the Local Government Area.

 

Presenting the petition before the House, Hon. Amadi appealed to the lawmakers to revisit the matter and take necessary steps aimed at safeguarding lives and property in the affected communities.

 

The House is expected to further deliberate on the petition and consider measures to address the concerns raised in order to sustain peace and security in the area.

 

King Onunwor

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JUNE 12: Democracy Remains Nigeria’s Strongest Path To Unity, Progress, Says Fubara ….Extols Abiola, Wife

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Governor of Rivers State, Sir Siminalayi Fubara, has reaffirmed that democracy remains the most effective system of government for Nigeria, given the country’s rich diversity of ethnic, religious, and cultural identities.

In a goodwill message to Nigerians on the occasion of the 2026 Democracy Day celebration, Governor Fubara said June 12 represents far more than a historic date; as it embodies the enduring struggle, sacrifice, and collective aspiration of Nigerians for freedom, justice, and representative governance.

The Governor extended warm felicitations to Nigerians at home and in the Diaspora, paying tribute to the heroes and heroines of the democratic struggle, particularly Chief MKO Abiola, his wife, Kudirat Abiola, and countless others whose courage and sacrifices helped secure the democratic freedoms Nigerians enjoy today.

According to him, “June 12 is a reminder of the price paid for the democracy we enjoy today. The sacrifices made by Chief MKO Abiola, Kudirat Abiola, and many other patriots who laid the foundation for the democratic journey we continue to enjoy today. Their commitment to the principle that power must ultimately reside with the people remains a source of inspiration for every generation of Nigerians.”

Governor Fubara noted that thirty-three years after the historic June 12, 1993 election, Nigeria’s democratic experiment has continued to evolve despite challenges and setbacks.

“Our democratic journey has not been without difficulties, but the resilience of our institutions and the determination of our people have kept the nation moving forward. The ability to express differing opinions, engage in constructive debate, and peacefully choose leaders through the ballot remains one of the greatest achievements of our nation,” he said.

Governor Fubara stressed that democracy provides the best framework for managing Nigeria’s diversity and transforming it into a source of national strength.

“Nigeria’s diversity should never be seen as a weakness. Properly harnessed, it is our greatest asset. Democracy offers us the opportunity to build consensus, promote inclusion, strengthen national unity, and create the conditions for sustainable development and shared prosperity,” he said.

Governor Fubara commended President Bola Ahmed Tinubu, for his commitment to the Renewed Hope Agenda and ongoing efforts aimed at economic revitalization, strengthening security, and deepening democratic institutions across the country.

He reiterated the readiness of Rivers State to continue partnering with the Federal Government in advancing policies and programmes that improve the lives of citizens through infrastructure development, job creation, enhanced security, quality education, healthcare delivery, and good governance.

The Governor further called on Nigerians, regardless of political affiliation, ethnic background, or religious belief, to use the occasion of Democracy Day to renew their commitment to the Nigerian project and the ideals that underpin democratic governance.

“Democracy must not be viewed merely as a periodic electoral exercise. It must be reflected in our daily commitment to accountability, transparency, tolerance, justice, respect for the rule of law, and responsible leadership. As citizens and leaders, we all share a collective responsibility to strengthen our democracy and build a nation that future generations will be proud to inherit,” he said.

Governor Fubara expressed optimism about Nigeria’s future, urging citizens to remain united, hopeful, and committed to the values of peace, dialogue, and national development.

“Together, we can build a stronger, more inclusive, and more prosperous Nigeria where every citizen has the opportunity to thrive and contribute meaningfully to national progress,” he said.

 

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Fubara Reaffirms Commitment To Peace, Development

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Governor of Rivers State, Sir Siminalayi Fubara, has reaffirmed the unwavering commitment of his administration to peace, unity, security, and inclusive development as Rivers State marked its 59th anniversary, last Wednesday.

 

In a goodwill message issued on Wednesday to commemorate the anniversary, Governor Fubara stated that despite the challenges faced over the years, the people of Rivers State have continued to demonstrate resilience, strength, and an enduring spirit of unity that has sustained the state since its creation.

 

The Governor noted that the strong bond of brotherhood among the various ethnic nationalities of the state, including the Ijaw, Ikwerre, Ogoni, Etche, Ekpeye, Andoni, Kalabari, and others, remains one of Rivers State’s greatest strengths and a critical foundation for peace, stability, and progress.

 

He further observed that Rivers State has remained a major driver of Nigeria’s economy for decades, not only because of its abundant oil and gas resources, but also because of the exceptional contributions of its people across diverse sectors including academia, jurisprudence, business, entertainment, public service, and sports.

 

Governor Fubara assured the people that his administration will continue to prioritize policies and programmes that promote peace, protect lives and property, and expand development across all parts of the state. He emphasized that governance must be people centered and impactful, with equal attention given to every Local Government Area of the state.

 

The Governor also paid tribute to the elders and founding leaders of the state for preserving the spirit of unity and coexistence over the years, while urging the youths to remain hopeful, responsible, and actively committed to building a greater Rivers State through innovation, hard work, and patriotism.

 

He equally acknowledged the invaluable role of women in strengthening families, communities, and society, describing them as indispensable partners in the continued growth and stability of the state.

 

Governor Fubara called on all Rivers people to use the occasion of the anniversary as a moment of reflection and renewed commitment to peaceful coexistence, mutual respect, dialogue, and collective progress, stressing that the unity and future of Rivers State must always rise above personal interests and political differences.

 

Rivers State was created on May 27, 1967, by General Yakubu Gowon.

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