The Economic and Financial Crimes Commission (EFCC) has announced the arrest of 10 suspected cyber fraud ‘learners’ at Bwari in the Federal Capital Territory.
The commission also explained that the suspects were arrested with gadgets ranging from smartphones to laptop computers.
According to the EFCC, the ‘academy’ promoter – who is currently at large – would recruit interested young persons and train them; earning a commission and laundering money via the internet.
“The Economic and Financial Crimes Commission on January 29, 2021, arrested 10 suspects over computer-related fraud known as ‘Yahoo-Yahoo‘.
“They were arrested at their Academy in Bwari axis of Abuja where they were said to be learning the trade of cyber trickery.
“The suspects, aged between 20 and 30 years, are Sixtus Jude, Moses Samuel, Isalan Johnny, Dapet Nimshak, Samuel Ogboche, Victor Samuel, Victor Asuquo, Ibrahim Yunusa, Yahaya Usman and Chijoke Ikwuoha.
“They were arrested with different incriminating items such as mobile phones and computers. The promoter of the Academy is however on the run.
“Investigations showed that the sponsor recruits and trains young individuals who show interest in internet fraud. The sponsor gets his percentage of their earnings based on an agreement between him and the recruits. He also serves as a conduit for laundering the money gotten from internet fraud by some of the suspects.”
The commission also stated that the nabbed suspects will be prosecuted at the completion of investigation.