An operation codenamed ‘Cyber Storm’, has been launched by the EFCC who have declared war on yahoo boys this Christmas period. It involves operatives monitoring suspicious extravagant spending by youth who have no explianable source of income, punchng is reporting.
The Economic and Financial Crimes commission has said they will also send operatives to nightclubs and concerts where the Yahoo boys are known to ‘display’ and social media where the ill gotten wealth are usually flaunted.
The Spokesman for the EFCC, Mr. Tony Orilade, said, “The chairman, Ibrahim Magu, has constituted a Special Task Force on Internet Fraud.
The task force, is made up of personnel from ICT, Public Affairs, Operations and Special Control Unit against Money Laundering.”
The operation has gathered momentum with the arrest of 50 suspected online fraudsters within the last 10 days in Lagos, Abuja, Port Harcourt and Ibadan.
Three of such suspects were nabbed at No 24, 1st Avenue, Fort Royal Estate, Airport Road, Abuja. The suspects are; Marvin Nwankwo, Prince Ojenike and Jude Olatekobowale. They allegedly created Facebook accounts with the following names: Rodney David; David Rodgers and Carlos David, respectively.
A statement read, “The intelligence further revealed that the suspects aged between 22 to 30 years, used the proceeds of their crimes to acquire different properties such as cars which include a GLK Mercedes Benz SUV, a Toyota Corolla, amongst others.
Adding, “On receipt of the intelligence report, operatives of the EFCC swung into action and mounted surveillance on the said address, to monitor the activities of the suspects.
“After thorough investigations, the suspects were were arrested and items, which included several laptops of different makes, very expensive mobile phones, modems, many SIM cards, amongst others were recovered.”
Punch news reports an EFCC operative said, “We have declared a total war on Yahoo boys who have done nothing but given Nigeria a bad name home and abroad. We know their methods of operation. Be assured that in the coming days we will make more arrests.
“Those who live honest lives will not be touched.”
It promises to be a sad Christmas for the fraudsters who might have to cut down on their ‘intimidation’ of hardworking youth.
Trending on Dockaysworld
- Sports12 hours ago
Juventus out Liverpool in: RANKED: The 5 best clubs in Europe from the 2018/19 season
- Nigerian news10 hours ago
Young promising AAU student dies after spending months in EFCC custody
- Gossip1 day ago
BBNaija Pepper Dem: Tacha and Mercy are known prostitutes – Comedian Ushbebe reveals (video)
- Gossip1 day ago
Government needs to ban foreign movies for Nollywood to thrive – Desmond Elliot advises (video)
- Nigerian news1 day ago
Pandemonium: Channels TV reporter shot, cars set ablaze as Shiites and Police clash again in Abuja (video)
- Nigerian news12 hours ago
Lady dies after misstep while alighting from bus in Lagos
- Nigerian news2 days ago
Relatives steal Ex-President Goodluck Jonathan’s jewelry worth N300m
- Sports1 day ago
Ibrahimovic faces MLS ban after leaving opponent facing surgery