EFCC, FBI collaboration: 167 'Yahoo boys' arrested, $169,850, N92m recovered

EFCC, FBI collaboration: 167 'Yahoo boys' arrested, $169,850, N92m recovered

- The EFCC’s collaboration with the FBI has led to the recovery of $169,850 and N92m from internet fraudsters

- 167 internet fraudsters, aka Yahoo boys, have also been arrested and will be persecuted accordingly

- The EFCC has stressed that there is no short cut to success, urging youths to shun crimes

- The anti-graft commission says it will continue to partner with the FBI and other international law enforcement agencies to reduce the menace of cyber-crimes in the country

The Economic and Financial Crimes Commission (EFCC) says its collaboration with the Federal Bureau for Intelligence (FBI) has paid off, as the sum of $169,850 and N92 million had been recovered from internet fraudsters, popularly called ‘Yahoo-Yahoo boys’.

The EFCC’s director of operations, Mohammed Abba,disclosed this while speaking at an EFCC/FBI joint press conference in Lagos, tagged “Operation Rewire”, Leadership reports.

Legit.ng gathers that Abba claimed that from August till date, the anti-graft commission had arrested 167 Nigerians for alleged computer-related frauds.

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He said: “EFCC/FBI joint operations in Nigeria recorded tremendous successes leading to a number of arrests, seizures and recoveries.

“The suspected fraudsters arrested in the course of this operation will be persecuted accordingly.

“It is instructive to note that, from August 12, 2019 to date, the collaborative Operation Rewired coordinated by the EFCC in Nigeria as an impetus to our sustained operations on perpetrators of various computer-related frauds have resulted in the arrest 167 Nigerians for alleged computer-related frauds.

“We have also recovered from the arrested fraudsters the sum of $169,850, as well as the sum of N92 million.

“Before now, as you are all aware, we had relentlessly launched intensive investigative actions against the infamous 'Yahoo Yahoo boys', culminating into various strategic raids, onslaught on criminals’ hideouts, prosecutions and convictions.”

Abba stressed that there is no short cut to success, and urged the youth to shun crimes.

He said: “I wish to state, with high sense of responsibility, that there is no short cut to success other than hard work. The youth, therefore, must shun crimes and its alluring temptation because it will always end in sorrow and regrets.

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“Now that the infamous internet crimes have received a global attention and concern, there will be no hiding place for fraudsters.

“The EFCC will continue to partner with the FBI and other international law enforcement agencies, especially in the area of exchange of information and actionable intelligence towards bringing to the barest minimum the menace of cyber-crimes and other computer-based frauds in the country.”

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Recall that Legit.ng previously reported that the Sokoto zonal office of the EFCC, in collaboration with the FBI, arrested another suspect on the FBI wanted list, Emmanuel Adedeji Oluwatosin, and discovered N1 billion in his account.

The anti-graft agency, who paraded the suspect in Sokoto, said Oluwatosin was arrested in Kaduna state.

The EFCC recovered two cars (Mercedes Benz E550 and Mercedes Benz C450), an iPhone, laptops, modem and SIM cards from the suspect's resident.

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Source: Legit

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