The Economic and Financial Crimes Commission (EFCC) Lagos zonal office, in the early hours of Friday, May 11, arrested over 12 suspected internet fraudsters in the Ikoyi area of Lagos as efforts to rid Nigeria of internet fraud continues.
A statement by the EFCC said its operatives stormed the popular Club 57 on Awolowo Way, Ikoyi, where the suspected ‘yahoo yahoo boys’ were rounded up, following intelligence report.
Legit.ng learnt that while some of the suspects abandoned their exotic cars to avoid arrest, others put up resistance, thereby turning the environment into “a war-like zone of sorts.”
The statement said a total 10 cars were recovered from the suspects during raid that lasted about three hours.
“The suspects will soon be charged to court when investigations are concluded,” the statement said.
Legit.ng earlier reported that the Ibadan zonal office of the EFCC recently arraigned Ilesanmi Babatunde Yemi, a final year accounting student of Ekiti State University, before Justice Joyce Abdulmalik of the Federal High Court sitting in Ibadan, Oyo state. Yemi was arraigned on Thursday, April 26, on a five-count charge bordering on alleged advanced fee fraud and money laundering.
According to the EFCC, the travail of Babatunde, 31, followed a petition alleging that he engages in internet love and romance scams.
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Legit.ng also reported how a certain Li Min, a Chinese national, told an Ikeja special offences court how his Nigerian business partner refused to pay for goods he delivered to him which amounts to over N68 million since 2013; leaving his life in shambles.
Li Min, speaking through an interpreter, narrated how the defendant, Lawrence Maduagwu, had approached his company with a proposition for business in Nigeria. Maduagwu reportedly promised an availability of market and customers and assured Li Min that goods delivered would be promptly paid for.