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Yaboo Boys Get Scamed As EFCC Apprehends Man For Impersonating Commission, Defrauds Yahoo Boys of N38m

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The Economic and Financial Crimes Commission, EFCC, Lagos Zonal Command has revealed that its operatives have arrested a suspect for impersonating operatives of the commission.

The commission made this known in a statement that was released on its website on Thursday, 26th August 2021.

The suspect, one Mr. Ladeji Kelvin Babatunde was apprehended for allegedly impersonating and posing as an operative of the EFCC and has in the process, obtained over N38,000,000.00 (Thirty-eight Million Naira) from suspected internet fraudsters popularly called ‘yahoo boys’ in order to prevent their arrest by the Commission.

Upon his arrest, a four-bedroom uncompleted apartment located at Ikola Road, Alagbado, Lagos, which was developed with the proceeds of the perpetrated fraud, was recovered from him.

The commission in recent days has made admirable strides in its clampdown on financial crimes. The Street Journal reported that its Benin Zonal Command secured the conviction of 3 cybercriminals before a federal high court yesterday, 26th August 2021.

The Port Harcourt Zonal command had on Wednesday, 25th August secured 30 convictions before Justice A. T. Mohammed of the Federal High Court sitting Port Harcourt, Rivers State bringing to number to 33 internet fraud convictions recorded by the commission within 24 hours.

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