The Economic and Financial Crimes Commission, EFCC, on Tuesday said its operatives traced $300,000 to a suspected internet fraudster.
In a statement on its official Facebook page, the anti-graf agency said the suspect was among 35 persons earlier arrested in the Sabo Iyako area of Auchi, Edo State in connection to fraud.
DAILY POST reports that about 35 suspected internet fraudsters were on Sunday, May 4, 2025 arrested by operatives of the Commission.
The arrest followed 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,” the statement added.
