Connect with us

Metro

EFCC arrests Bitcoin vendor, four others for alleged internet fraud in Ibadan

Published

on

Bitcoin is catalyst for change, US SEC nominee disagrees with CBN

The Economic and Financial Crimes Commission (EFCC) has arrested a Bitcoin trader over his alleged involvement in internet fraud.

The EFCC’s Head of Media and Publicity, Wilson Uwujaren, disclosed this in a statement on Friday in Ibadan, Oyo State.

He said the Bitcoin vendor was arrested alongside four others in two locations at Elebu area of Ibadan.

READ ALSO: EFCC arrests son, mother for alleged N50m internet fraud

He said the suspects who were between the ages of 21 and 37 years were arrested after the commission received intelligence on their alleged involvement in internet-related crimes.

Uwujaren said items recovered from the suspects included two cars, laptops, phones and some documents.

“They (suspects) would be charged to court as soon as the investigation was completed,” the EFCC spokesman said.

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now