The International Criminal Police Organization (INTERPOL) has announced
it uncovered a sophisticated COVID-19 face masks fraud scheme with the
proceed destined for a Nigerian account. INTERPOL in a press statement
on Tuesday elucidating the scheme said in mid-March, German health
authorities contracted two sales companies in Zurich and Hamburg to
procure EUR 15 million (about N6.3billion) worth of face masks.
This
was part of Germany’s effort to curb the spread of the coronavirus
disease (COVID-19). The nation, as of April 15th, 2020 recorded 132,210
confirmed cases of the virus with 3,495 deaths. The whole scheme started
with an email address and website linked to a legitimate company in
Spain selling face masks, according to the INTERPOL narration.
“Through
email correspondence, the company initially claimed to have 10 million
masks, only for the delivery to fall through. As consolation, they then
referred the buyers to a ‘trusted’ dealer in Ireland. The Irish
middleman promised to put them in touch with a different supplier, this
time in the Netherlands.”
The new supplier in Netherland
according to the scammer was capable of supplying the needed 10 million
face masks but will need an upfront payment of EUR 1.5 million (about
N631,210,863) for an initial delivery of 1.5 million.
“The
buyers initiated a bank transfer to Ireland and prepared for delivery,
which involved 52 lorries and a police escort to transport the masks
from a warehouse in the Netherlands to the final destination in Germany.
“Just before the delivery date, the buyers were informed that the
funds had not been received and that an emergency transfer of EUR
880,000 [about N370.4 million] straight to the Dutch supplier was
required to secure the merchandise,” INTERPOL recalled.
Sensing
something fishy, the buyers immediately contacted their bank in Germany
which relayed the development to the INTERPOL’s Financial Crimes Unit.
INTERPOL in the chase for the money engaged “banks, financial
intelligence units, and judicial authorities, as well as partner
organizations Europol and EUROJUST”. “INTERPOL contacted its National
Central Bureau in Dublin as well as the Irish bank. Prompt intervention
by the Garda National Economic Crime Bureau allowed them to freeze the
1.5 million in the account and identify the Irish company involved.”
The
Dutch Fiscal Information and Investigation Service tracked down the EUR
880,000 transferred from the German company. Of the total sum, nearly
EUR 500,000 of those funds had already been sent to the United Kingdom
(UK) and destined to be credited to an account in Nigeria.
“They
adapted their sales pitches to take advantage of strained supply chains
and generate huge profits. I can only salute the quick work of both the
private and public authorities involved. INTERPOL will continue its
work on the case – and the many others like it – in close cooperation
with all of our partners,” INTERPOL Chief stated. Two suspects according
to INTERPOL has been arrested in the Netherland while more arrests are
likely as the investigation proceeds
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