A staff member of Ecobank Nigeria, Solomon Stephen Ufayo, has been remanded in prison custody by the Federal High Court in Lagos over alleged involvement in a N2.4 million cyber fraud.

 

Ufayo, who worked as a relief teller, was arraigned by the Economic and Financial Crimes Commission (EFCC) on a one-count charge bordering on cybercrime. He was accused of impersonating a customer and unlawfully transferring funds from her account.

 

According to the EFCC, Ufayo allegedly posed as Ogunfodunrin Omowunmi Ajoke between March 10 and 28, 2025, and manipulated deposit and withdrawal tellers on her Ecobank account (number 2801086259). He then fraudulently transferred a total of N2,404,000 into his personal Opay account without the customer’s consent.

 

The charge reads in part:

“That you, Solomon Stephen Ufayo, between the 10th to the 28th day of March, 2025, in Lagos, while working for Ecobank Nigeria Limited as a Relief Teller, fraudulently represented yourself as Ogunfodunrin Omowunmi Ajoke, by posting false deposit and withdrawal tellers on her account, with intent to gain advantage for yourself, thereby committing an offence under Section 22(2)(b)(i) of the Cybercrime (Prohibition, Prevention, etc.) Act, 2015, and punishable under Section 22(2)(b) of the same Act.”

 

Ufayo pleaded guilty to the charge.

 

During the proceedings, EFCC operative David Ngale Gajere reviewed the facts of the case, while prosecution counsel Abdulhamid Tukur tendered the defendant’s extra-judicial statement and a bank draft of N2,404,000 as restitution.

 

Justice Yellim Bogoro admitted the evidence presented and adjourned the case until June 6, 2025, for judgment. He ordered that Ufayo be remanded at the Ikoyi Correctional Centre pending the court’s verdict.