EFCC Bursts Syndicate of 792 Cryptocurrency Investment, Romance Fraud Suspects in Lagos

by

ANABA, Innocent

Tuesday, December 17, 2024, pg.4

EFCC Bursts Syndicate of 792 Cryptocurrency Investment, Romance Fraud Suspects in Lagos

Economic and Financial Crimes Commission Executive Chairman Ola Olukoyede—speaking through Public Affairs Director Wilson Uwujaren and in a statement released by Media and Publicity Head Dele Oyewale revealed that anti-corruption agents raided a seven-storey building at Number 7, Oyin Jolayemi Street, Victoria Island, Lagos, and arrested 792 suspects, including 148 Chinese nationals, 40 Filipinos, two Kazakhstani nationals, one Pakistani, one Indonesian, and numerous Nigerian accomplices, who operated a massive cryptocurrency investment and romance scam ring targeting victims in America, Canada, Mexico, and Europe through fake profiles and a fraudulent online shopping platform called www.yooto.com where account activation fees started at 35 dollars.


ANABA, Innocent | 1.Law enforcement--Nigeria 2.Cryptocurrencies--Corrupt practices--Nigeria | Vanguard | Tuesday, December 17, 2024