EFCC arrests, recovers items from suspected accomplice of fraudster on FBI list

The Economic and Financial Crimes Commission (EFCC), Sokoto Zonal Office, in collaboration with the FBI, recorded a major breakthrough with the arrest of one Emmanuel Adedeji Oluwatosin, who is on the wanted list of the FBI.

The EFCC Zonal Head, Abdullahi Lawal, while parading the suspect in Sokoto, explained that the suspect was arrested in Kaduna.

Items recovered from the residence include two cars— Mercedes Benz E550, Mercedes Benz C450— an iPhone, laptops, modem and SIM cards.

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Lawal added that the suspect and his accomplices both in Nigeria and overseas acquired retirement account information (RAI) and personally identifiable information (PII) of multiple persons which they fraudulently used to wire funds into newly created business bank accounts tied to the fraudulently created business.

The proceeds were then converted into crypto currency.

The EFCC zonal head also said the preliminary investigation had so far revealed that over N1.4 billion was wired through the suspect’s accounts while he invested over N70 million elsewhere.

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