The acting chairman of the Economic and Financial Crime Commission ( EFCC) told TVC that the commission is not involved in the arrest of Socialite Hushpuppi and 4 other guys Woodberry, Efe, Pac the Escaper and Tony Roma.
Hushpuppi and his cohorts were reportedly involved in over $100million fraud and were arrested on Wednesday 10th June 2020. According to Journalist Kemi Olunloyo they have landed in the United States and will be processed by the FBI.
“We are yet to be involved in the case of Hushpuppi, but if they happen to give us this thing (details) we would assist.” Magu said
“We are not all about arresting, prosecuting and chasing of internet fraudsters, and taking away the proceeds of their crime, but we are also trying to see wether we can rehabilitate them. Because most of this boys are either undergraduate or graduate from higher institutions, so they can be better people to our country.
The menace of Yahoo boys is also a course of concern, we are collaborating with other law enforcement agencies.
Yahoo boys have an association with their mothers who do not feel what their children are doing is a crime actually. It is called the “Yahoo Yahoo Mothers Association, a suitation where the mother would go abroad and the child would stay there and help them syphon funds from credit card fraud.
So we are doing everything possible to arrest the situation” he said
They were all arrested at their luxury apartments in Dubai.