News

EFCC storms Yahoo-boys’ den,arrests kingpin, 26 others

 

Operatives of the Economic and Financial Crimes Commission, EFCC,
Ibadan zonal office, yesterday, raided a Lagos hotel believed to be a
hideout and arrested suspected internet fraud kingpin and 26 others.
The target was one Rasaq Balogun, a suspected internet fraud kingpin,
whose illicit activities dominated intelligence gathered from the
recently arrested ‘police spies’ during a raid on their Abeokuta base.
According to findings, Balogun harbours an army of young men recruited
to carry out financial frauds through the use of the internet.
Other suspected fraudsters were equally arrested at his Beckley Estate
residence, also in Lagos State.
The raid on his hotel, Modzak Hotel located at Abule-Egba, Lagos
State, sufficiently gave credence to the suspicion as a retinue of
young men were caught haboured in his hotel with no specific mission.
The suspected kingpin and 26 other young men ranging between the ages
of 18 and 35 years arrested were brought to the Commission’s Ibadan
zonal office for further interrogation.
Officer of the anti-graft agency also recovered three vehicles, fetish
item, laptops, mobile phones and documents suspected to contain
fraudulent data from the suspect.
Those indicted, the EFCC, said, would be charged to court as soon as
investigations were concluded.

Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button