Operatives of the Nigerian anti-graft police, the Economic and Financial Crimes Commission said it has nabbed a young man based in Ekiti allegedly involved in Internet fraud.
The EFCC said in a statement that the suspected Internet fraud kingpin was nabbed during a recent raid in Ado-Ekiti, Ekiti State.
The EFCC said the alleged kingpin who goes by the name, Ajayi Gbenga Festus was found to be deeply involved in many internet-related frauds from which he had benefited up to N75 million in the last eight months.
“We were able to establish a number of illicit transactions through his Nigerian bank account amounting to over N223 million. Ajayi serves as a conduit pipe through which proceeds of crime reach members of the syndicate,” he stated.
Earlier today, we reported that the EFCC said it recovered a total of $314,000 from Internet fraudsters in continuation of its joint crackdown with the U.S. Federal Bureau of Investigation, FBI.