EFCC arrests 5 undergraduates over N16m internet fraud

THE Economic and Financial Crimes Commission (EFCC), Ibadan Zonal Office, has arrested five suspected undergraduate scammers. Four of them are from the Federal University of Technology Akure (FUTA) and one from  Adekunle Ajashin University, Akungba-Akoko  (AAUA), Ondo State.

According to a press release signed by the zonal spokesperson for the EFCC, Mr Ayo Oyewole and made available to Saturday Tribune, they were picked up at  an off-campus residence,  located at Anuoluwapo Close, Stateline Hotel Road, off FUTA South Gate, Akure, Ondo State.

The suspects are between the ages of 20 and 23.

The commission said it got wind of their activities through series of  intelligence gatherings.  The suspects according to the EFCC went about with the name Tsunnami Gang and Young Pablo Money and allegedly swindled unsuspecting foreigners and others to the tune of N16m recently by engaging in fraudulent activities of obtaining money by false pretences through scam mails. One is a 300-level student of Building Technology, while two others are both 400-level students of Agricultural Resources and Mathematics respectively.

Okali is a 200 level student of Urban and Regional Planning, while Adebiyi Tayo is a 300-level Student of Mathematics at the Adekunle Ajashin University Akungba, Ondo State.

At the point of arrest, EFCC operatives said they recovered a 2006, black Toyota Highlander with registration number (Lagos)  LND 112 EG,  2010 light- green Toyota Camry (Muscle) with registration number (Lagos) AAA 850 EF, laptops, three Apple iPhone 6 and three Blackberry phones from them.  Some implicating documents were also found and downloaded from their laptops.

They are to be arraigned in court as soon as investigation is completed.