100 Nigerian Undergraduates Turned Yahoo Yahoo Boys Detained By The EFCC Over Internet Fraud

100 nigerian undergraduates arrested fraud

August 14, 2017 – 100 Nigerian Students, Yahoo Yahoo Fraudsters Detained By The EFCC Over Internet Fraud

At least 100 undergraduates of tertiary institutions across the Southwest have been detained for various cybercrimes by the Ibadan Zonal office of the Economic and Financial Crimes Commission (EFCC), it was learnt yesterday.

Addressing reporters in Ibadan, the Oyo State capital yesterday, the commission’s Deputy Zonal Head, Ibadan, Kazeem Oseni, who spoke on behalf of the Acting Chairman Ibrahim Magu, said the suspects were arrested for mainly online love scam, Automated Teller Machine (ATM) fraud and online marketing scams.

Oseni added that the Ibadan office had recovered around N277.9 million from fraudsters in the past nine months, adding that 50 cases had been instituted against the suspects with 381 others being investigated.

”The commission is attending to 431 cases among which 50 cases are already in court. In the past nine months, we have arrested 195 individuals in connection with bank fraud, internet fraud, land and general disputes. Among the cases in court are the ones involving the Vice Chancellor of the Obafemi Awolowo University, Ile-Ife, that of the Federal University of Technology, Akure and Federal University of Agriculture, Abeokuta.

“The prevailing case in Ibadan is internet frauds involving young people. The Ibadan office has so far recovered N277, 931,341 from various financial criminals while we have also recovered objects like cars used by fraudsters to perpetrate crimes,” he said