EFCC arrests 34 Yahoo Boys in Lagos, Ibadan

The Economic and Financial Crimes Commission has arrested 34 suspected internet fraudsters also known as Yahoo Boys.

They were apprehended in separate operations in Lagos and Ibadan, Oyo State.

An EFCC source said 24 of the suspects, most of who claimed to be undergraduates, were rounded up Thursday April 1, 2021 at their hideout in the Apete area of Ibadan, Oyo State, by operatives from the Ibadan Zonal Office of the commission.

The early morning raid followed intelligence on their alleged involvement in internet-related crime.

A number of valuable items were recovered from the suspects such as four exotic cars, mobile phones, laptops, SIM cards and incriminating documents.

The remaining ten suspects were arrested by operatives of the Lagos Zonal Office on March 30, 2021 at Horizon II Estate, Meadow Hall Way, Lekki, Lagos, following information on their alleged criminal activities.

The suspects were allegedly involved in romance scam, unemployment benefits scam, identity theft and purchase of malicious tools as well as compromise corporate email accounts and intercept email messages.

Items recovered from the suspects include mobile phones and laptops.