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EFCC Arrests 17 Suspected Internet Fraudsters In Lagos

Operatives of the Economic and Financial Crimes Commission (EFCC), Lagos Zonal Directorate 2, have arrested 17 suspected internet fraudsters in the state.

They were arrested on Tuesday, September 2, 2025, in a sting operation at in Olusi Street, HopeVille Estate, Sangotedo, Ajah, Lagos State.

Their arrest followed credible intelligence about their alleged involvement in internet fraud.

Upon their arrest, five vehicles, mobile devices and laptop computers were recovered from them.

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News

EFCC Arrests 36 Suspected Internet Fraudsters In Port Harcourt (Photos)

Operatives of the Economic and Financial Crimes Commission (EFCC) Port Harcourt Zonal Directorate have arrested 36 suspected internet fraudsters in Port Harcourt, Rivers State.

They were arrested on Tuesday,  August 19, 2025 in a sting operation at various locations within Port Harcourt following credible intelligence about their suspected involvement in internet- related fraud.

Items recovered from them include different models of exotic vehicles, a Q-link Motorcycle, various brands of phone and laptop containing incriminating and fraudulent documents.

The suspects will  be charged to court upon conclusion of investigation.

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News

Five Internet Fraudsters Jailed in Benin (Photo)

The Economic and Financial Crimes Commission, EFCC has convicted five internet fraudsters.
The convicts were tried before Justice M. Itsueli of Edo State High Court, sitting in Benin City.
This was contained in a statement by the EFCC on their official X account.
According to the statement, the convicts, Ayo Korede, Ogbemudia Osaretin, Harry Ehimien, Osasumwen Osahenator and Efosa Richard, were prosecuted on separate one-count charges, bordering on impersonation, obtaining by false pretence, retention of proceeds of crime and possession of fraudulent documents.
The charge against Osaretin reads: “That you Ogbemudia Osaretin (m) on or about the 31st of July, 2025 within the jurisdiction of this Honourable Court did have in your possession, in your iPhone 14 Pro Max, documents which you knew or ought to have known contained a false pretence and thereby committed an offence contrary to Section 6 and 8 of the Advance Fee Fraud and other Fraud Related Offences Act 2006 and punishable under Section 1(3) of the same Act.”
The convicts pleaded guilty to their charge, following which the prosecution counsel, I. M. Elodi, I.K. Agwai, K.Y. Bello, A. A. Ibrahim, Ibrahim Faisal and M.S. Dahiru prayed the court to convict and sentence them accordingly.
However, the defence counsel pleaded with the court to temper justice with mercy, stating that they have become remorseful for their actions.
Justice Itsueli convicted and sentenced Korede, Osaretin, Osahenator and Richard to two years imprisonment, respectively, or to pay N200,000 (Two hundred thousand Naira) fine each, while he convicted and sentenced Ehimien to two years imprisonment or to pay N100,000 (One hundred thousand Naira) fine or do community service.
All the convicts forfeited their phones, laptop computers and balances in their respective bank accounts, which were tagged as tools and proceeds of their crimes.
The convicts were arrested by operatives of the Benin Zonal Directorate of the EFCC, following credible intelligence that exposed their involvements in fraudulent internet activities.
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Entertainment News

MI Abaga claims internet fraudsters fund many Nigerian artistes

Jude ‘MI’ Abaga, the Nigerian rapper, has lamented the prevalence of “internet fraud funding in the country’s music industry”.

In a recent interview on the So Nigerian podcast, MI claimed some artistes rely on proceeds from cybercrime, popularly known as Yahoo Yahoo.

The rapper argued that internet fraud has become a major source of investment for up-and-coming artistes.

MI said this shows the lack of proper funding structures for the creative sector.

“There’s a lot of controversy when people talk about Yahoo Yahoo because a lot of artistes, that is the funding that they have,” he said.

“What I’m trying to say is that it’s an indictment on our country that we have such talented musicians and that the major funding for the industry comes from the West and this other industry.

“It’s an indictment. It shows that something is wrong. Hopefully, we can do better. Think about it, let’s even say I’m a Yahoo boy, I’m not, but let’s say I was and I just made N100 million. Okay, I’m now a criminal who made N100 million but still don’t have to give it to an artiste, I can blow it however I want, or I can put it in real estate.

“What I’m trying to say is that, the fact that it goes to artistes and that is one of the major ways that artistes can get investments into them. Like there’s no place else, it happens to be other young people who just happen to have money.

“Society will criticize the method of legal money, but what is relevant is that there are other young people who have money and are just trying to help because they’re seeing their talented friends, and that is a statement about Nigeria.”

Video Here