EFCC arrests 29 suspected Yahoo Boys in Ibadan

8 exotic cars, many costly phones and laptops were recovered from the suspects.

EFCC arrests 29 suspected Yahoo Boys in Ibadan (Punch)

According to Punch, the suspects were arrested at Akoto Estate, Elebu area in Ibadan, Oyo State.

The suspects were said to have been arrested during the early morning raid of the operatives of the commission on Wednesday, August 7, 2019. 

Punch reports that the EFCC operatives had earlier conducted a series of surveillance on the activities of the suspected Yahoo Boys.

The information gathered during he surveillance was found to be credible, leading to the sting operation.

Items recovered from the suspects include eight exotic cars, many costly phones and laptops and documents suspected to be used for their illicit dealings, Punch reports.

The suspects will be charged to court as soon as investigations are concluded.

Recall that in July, the Commission arrested five suspected cyber criminals in Barnawa, Kaduna State.

In a statement released on Wednesday, July 3, 2019, the agency said the suspects posed online, particularly on Facebook, as United States soldiers on peace keeping mission in Afghanistan.

Even though the suspects initially claimed to be bloggers and experts in the Bitcoin business, the EFCC said they've confessed to online fraud.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Again, APC shifts Presidential primary to new dates

Again, APC shifts Presidential primary to new dates

PDP Primaries: How frontline presidential aspirants may share delegates' votes

PDP Primaries: How frontline presidential aspirants may share delegates' votes

Supreme Court affirms Appeal Court ruling on Rivers Commission of Inquiry

Supreme Court affirms Appeal Court ruling on Rivers Commission of Inquiry

FG keeping surveillance to prevent outbreak of monkeypox - Minister

FG keeping surveillance to prevent outbreak of monkeypox - Minister

Group accuses Yahaya Bello of forcing unity list on Kogi delegates ahead of APC primaries

Group accuses Yahaya Bello of forcing unity list on Kogi delegates ahead of APC primaries

Step down for Osinbajo, Group urges Tinubu, other presidential aspirants

Step down for Osinbajo, Group urges Tinubu, other presidential aspirants

Kazeem beats incumbent, Omititi to secure Mushin Constituency 2 APC ticket

Kazeem beats incumbent, Omititi to secure Mushin Constituency 2 APC ticket

Babajide Obanikoro loses Lagos APC House of Reps ticket to Oba Elegushi's brother

Babajide Obanikoro loses Lagos APC House of Reps ticket to Oba Elegushi's brother

INEC grants parties request, extends deadline for primaries by 6 days

INEC grants parties request, extends deadline for primaries by 6 days