A Nigerian has stolen $27 mln from Citibank

A Nigerian was accused by the US authorities of stealing 27 million dollars from Citibank of  in one month. The fraud was implemented, as it’s became known, with a help of some people in six countries: the United States, China, Japan, Australia, Cyprus and South Korea.  

It was announced in mass media that last October the Nigerian, Paul Amos, 37, allegedly created official-looking documents that convinced Citibank in New York to transfer the money in two dozen transactions. He was arrested last month when he tried to enter the US through Los Angeles. The newspapers also said that the accused had pleaded not guilty to a one-count charge of conspiracy to commit bank wire fraud.  

But, as The Times reported, the money had been recovered and credited back to the account of the National Bank of Ethiopia, from which it was withdrawn.  

The fraud was discovered after several banks where Amos and his conspirators have allegedly held accounts returned money to Citibank, saying they could not process the transactions.

Source: AllAfrica.com