Connect with us

Hi, what are you looking for?

Security & Crime

Man Nabbed After Obtaining N38m from ‘Yahoo Boys’ to Stop EFCC Arrest

The Economic and Financial Crimes Commission (EFCC) has arrested Ladeji Kelvin Babatunde.

He was nabbed after allegedly obtaining over N38,000,000 from suspected internet fraudsters.

Babatunde had boasted that he would prevent their arrest by the commission.

An EFCC statement on Facebook said the defendant posed as an operative to perpetrate the act.

“A four-bedroom uncompleted apartment located at Ikola Road, Alagbado, Lagos, which was developed with the proceeds of the fraud, was recovered from him”, it reads.

Babatunde will be charged to court after the completion of investigation.

 

Daily Post

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

ad

You May Also Like

Tech

In the lead up to Anambra Innovation Week 2024, in a landmark collaboration poised to position Anambra State as Africa’s Silicon Valley, the United...

Tech

For financial inclusion to be sustainable, especially for women, it must no longer be treated as a buzzword, charitable social activity or a checklist...

News

Minister of State for Defence, H.E. Dr. Bello Matawalle is in the Kingdom of Saudi Arabia to begin talk with the Secretary General of...

News

Technology experts at the Africa Tech Alliance Forum (AfriTECH 4.0) held in Lagos State-Nigeria, recently, highlighted the transformative potential of blockchain and AI in...