Money laundering activities of over $300,000 have been traced to a suspected internet fraudster, the Economic and Financial Crimes Commission (EFCC) said.
The suspect, according to the EFCC Head, Media & Publicity, Dele Oyewale, was among the 35 suspects picked up on Sunday, May 4, at Sabo Iyako area of Auchi, Edo State, following credible intelligence that linked them to fraudulent internet activities.
As a “picker” or “azaman” in internet fraud lingo, investigations had revealed to EFCC that the suspect had collected and laundered over $300,000 l for his syndicate members who are currently at large.
Aside internet fraud, EFCC’s investigations also revealed that the suspect was equally involved in investment and banking fraud.
“He will be charged to court as soon as investigation is concluded,” Oyewale stated.
