Twenty-six-year-old Ayoola Olalekan, who was recently paraded as a suspected cyber fraudster by the Osun State Police Command, tells journalist what it takes to hack into a victim’s bank account
Ayoola Olalekan, a 26-year-old indigene of Oyo State from Oyo town.
He was arrested for SIM card hacking. He used software to withdraw money from his victim’s bank account.
He use software to do it. Ayoola said he can hack into any bank account in Nigeria if he get hold of a SIM card on which a bank customer receives bank alerts. Said he has been doing it for over a year now.
He said, he dropped out of secondary school. While he was in Senior Secondary School 2 because he could no longer cope with the rigour of education. Education was too hard for him, he added.
During all this he told his parents, one day, that he was no longer interested in education. And his younger brother also dropped out of school at the same time.
After that he first learnt aluminium work.
He got to know how to hack account through his friends but now he’s expert and he can hack into any (bank) account he added.
Later he now have passion to learn Yahoo-Yahoo (Internet fraud), he was taken to Sagamu in Ogun State. It was there that he learned how to hack SIM cards.
He said, ”he mastered it within the space of two months, he mastered it very fast and now he has those he trained, and one of them is my younger brother, who was also arrested.
He said he has not made much money. He hasn’t bought a car or built a house yet. He still lives in a rented apartment. He’s life only improved a little after he began hacking. The biggest money he made at once was N500, 000.
He said, he bought things for himself; also trying to help poor relations. He visits nightclubs and spend (money) on girls. He added, he’s not yet married but he has a girlfriend.
His girlfriend knew about it and, she did not object to it. He was trying to survive he added.
He said it takes only five minutes maximum to complete the SIM hacking process and get the money cleared off his victim’s account.
To hack, he will just dial a software code on his victim’s SIM card, the BVN and other details he used while opening the bank account will be revealed. Once he have all that, the rest is easy.
Aside hacking, he was a pop singer. He used the name Lord 99 and to his credit, he has recorded about six singles which are even accessible online for downloading.
If he’s free, he will face his music career. And he also engaged in Yahoo-Yahoo because the money he was making in music was not enough for him.
The biggest amount he made once in a show was N7, 000. While in detention, he still got inspiration for new songs and he had noted it. He added if he will be freed, he will do songs to discourage people from engaging in Yahoo-Yahoo.