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EFCC

200 Yahoo Boys Arrested In October – EFCC

The Economic and Financial Crimes Commission (EFCC), said it recorded no fewer than 200 arrests of Internet fraud suspects, popularly known as ‘Yahoo Boys’, in October alone.

The Acting Chairman of the commission, Mr Ibrahim Magu, stated this at an interactive session with newsmen on Friday in Abuja.

According to Magu, the biggest catch of the commission was Instagram celebrity, Ismaila Mustapha, a.k.a Mompha, and his Lebanese accomplice, Hamza Koudeih.

He said the suspects, who were “kingpins of an Organised Cyber Syndicate Network (OCSN)”, allegedly laundered a total of N33 billion.

Magu said: “Five wristwatches valued at over N60 million …

Buhari To Police: Arrest 'Yahoo' Criminals, Not Innocents

Buhari To Police: Arrest ‘Yahoo’ Criminals, Not Innocents

President Muhammadu Buhari has cautioned officers and men of the Nigeria Police Force against harassing young people in their bid to arrest `yahoo criminals.’ Buhari handed down this warning in his keynote address at the opening ceremony of the Conference and Retreat for Senior Police Officers on Monday in Lagos.

The theme of the retreat is “Repositioning the Force for the Challenges of Effective Policing in the 21st Century.’’ Represented by Vice President Yemi Osinbajo, Buhari said that the service the police force rendered was one Nigerians could not do without as it was the closest to the grassroots.

According …