With SIM card I can empty victim’s account in five minutes –Suspected hacker

My name is Ayoola Olalekan. I am a 26-year-old indigene of Oyo State from Oyo town.

I was arrested for SIM card hacking. I used software to withdraw money from my victim’s bank account.

I use software to do it. I can hack into any bank account in Nigeria if I get hold of a SIM card on which a bank customer receives bank alerts.

I have been doing it for over a year now.

I dropped out of secondary school. I left while I was in Senior Secondary School 2 because I could no longer cope with the rigour of education. Education was too hard for me.

I just told my parents, one day, that I was no longer interested in education. My younger brother and I dropped out of school at the same time.

I first learnt aluminium work. I got to know about it through friends but I am now an expert and I can hack into any (bank) account. When I expressed my desire to learn Yahoo-Yahoo (Internet fraud), I was taken to Sagamu in Ogun State. It was there that I learnt how to hack SIM cards.

I have not made much money. I haven’t bought a car or built a house yet. I still live in a rented apartment. My life only improved a little after I began hacking. The biggest money I made at once was N500, 000.

I buy things for myself; I also try to help poor relations. I visit nightclubs and spend (money) on girls. I am not married but I have a girlfriend.

She knew I am into internet fraud and she did not object to it. I was trying to survive.

It takes only five minutes maximum to complete the SIM hacking process and get the money cleared off my victim’s account.

To hack, I will just dial a software code on my victim’s SIM card, the BVN and other details he used while opening the bank account will be revealed. Once I have all that, the rest is easy.

Source: Culled from The Punch