Categories: CrimeHeadlines

EFCC Traces Over $300,000 Laundered Money To Arrested Yahoo Boy Suspect

The Economic and Financial Crimes Commission, EFCC, has traced money laundering activities in excess of $300,000 (Three Hundred Thousand United States Dollars) to a suspected internet fraudster.

The suspect was among the 35, picked up on Sunday, May 4, 2025 in Sabo Iyako area of Auchi, Edo State by the Commission, following credible intelligence that linked them to fraudulent internet activities.

As a “picker” or “azaman” in internet fraud lingo, investigations revealed that the suspect has collected and laundered over $300,000 (Three Hundred Thousand United States Dollars) for his syndicate members who are at large. Apart from internet fraud, EFCC’s investigations revealed that the suspect is equally involved in investment and banking fraud.

He will be charged to court as soon as investigation is concluded.

admin

Recent Posts

Ex-CCT Chairman, Danladi Umar Sent To Kuje Prison For Alleged N15.5m Fraud

The Economic and Financial Crimes Commission, EFCC, on Thursday, July 9, 2026, arraigned Danladi Yakubu…

2 hours ago

EFCC Arraigns Miyetti Allah Leader, Bodejo For Alleged $2.33m Crime

The Economic and Financial Crimes Commission, EFCC, on Wednesday, July 9, 2026 arraigned the leader…

2 hours ago

UK-Based Nigerians Earning £2,600 Worse Off Than Someone Earning₦60,000 In Nigeria-Bwala

Special Adviser to the President on Media and Policy Communications, Daniel Bwala, has said a…

5 hours ago

Nigerian Soldiers Now Earn N100 000 Monthly- Defence Minister

The Minister of Defence, Christopher Musa, has said Nigerian soldiers now earn a minimum monthly…

5 hours ago

Obi Demands Fair Trial For El-Rufai, Warns Against Selective Justice In His Trial

• Says bail conditions must not become pre-trial punishment •Moved by wife’s emotional appeal from…

5 hours ago

Alia To Build Two New Bridges In Kwande, Vandeikya

Iorfa Akpen For years, crossing River Ayaa and the streams in Maav-Ya meant wading through…

5 hours ago

This website uses cookies.