Lagos Big Boy Hacks Company’s Blockchain, Steals Over $87M

The International Criminal Police Organization (INTERPOL) in Nigeria has arrested a popular Lagos big boy, Abayomi Segun Oluwasesan, for allegedly hacking his company’s blockchain and stealing billions.

Lagos Big Boy Hacks Company’s Blockchain, Steals Over $87M

According to INTERPOL, Abayomi was employed by the company, Afriq Arbitrage System, a global crypto space, on June 15, 2022, to work as a web developer but he hacked the platform at a time when his boss, Jesam Micheal went for a liver transplant and entrusted the codes to him.

Abayomi, who was entrusted with the sensitive data for the smooth operations of the company, engaged the services of his cohorts, disrupting the smooth operations of the platform and stealing hard-earned investors’ money running into several billions.

According to reports, he withdrew at least $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 bought a house and acquired a residence permit in the U.K., same as Tanzania and Dubai, UAE.

One of the plazas he acquired in Lagos was to the tune of N450 million, landed properties around Dangote refineries to the tune of N1 billion, and splashed a billion naira on the interior decoration of his hotel in Mainland, Lagos State.

He was travelling across the globe with investors’ money on first-class tickets.

His dubious activities literally crashed the lucrative platform on May 15, 2023.