An institution dedicated to the training of internet fraudsters, also known as “yahoo boys” has been busted by operatives of the Economic and Financial Crimes Commission (EFCC) Lagos Zonal Office.
This was revealed by the EFCC in a post on its official Instagram account.
The report adds that the proprietor of the Yahoo Yahoo training school in Lagos, identified as Frank Chinedu, has been arrested.
The post read: “Chinedu, 22, was arrested alongside eight students of the unnamed training centre located at 14, Animashaun Street, Progressive Estate, Ojodu Berger, Lagos while receiving lectures in internet fraud activities.
“The students include: Ahmed Musa, 24; Desmond Eze, 29; Preye Kingsley, 23; Benjamin Irabor, 21; ‘Benjamin Opah, 19; Akapo Prosper, 22; Innocent Paul, 20 and Olamide Edun, 20.
“The suspected internet fraudsters were arrested under cover on May 22, 2019, following intelligence reports received by the Commission about their involvement in alleged criminal activities.
“Items recovered from the suspects at the point of arrest include nine laptops, 16 mobile phones, an Airtel modem, Orange Wifi and one Toyota Camry with registration number EPE406FN.”
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