Three alleged fraudsters ‘yahoo boys’ identified as Sylvester Osolase, 30; Seyi Ajayi, 36 and Monday Mayaki, 37 were arrested on Sunday, May 27, 2018 at River View Estate, Isheri North, Lagos State, by the operatives of Economic and Financial Crimes Commission, EFCC, Lagos zonal office.
The arrest of the yahoo boys held for conspiracy and possession of fraudulent documents, came following an intelligence report received by the Commission about their activities. The suspect who confessed to have used proceeds of their illicit deals to buy cars, paid their rents and travel around the world, were specialized in romance and classified scams as they added that they have defrauded several unsuspecting victims around the world.
Laptops, cars, mobile phones and incriminating documents that were printed from their emails, were among the items recovered from the suspects. They will be charged to court as soon as investigation is concluded.
Few months ago, operatives of the Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, arrested 15 suspected Internet fraudsters for offences bordering on obtaining by false pretence, lottery scam and love scam.
The suspects were identified as Adeyemi Tiwatope, 20; Odeyemi Olawale, 20; Nike Afolabi Olaiya, 20; Awe Abimbola Ireti, 23; Yusuf Aliu Oluwafemi, 20; Osidipe Olatunbosun, 24; Tosin Adesanya, 19 and Adeyinka Bello, 17.
Others are: Aliu Lukman, 18; Damilola Fatona, 20; Shonubi Adetola, 18; Adewale Babatunde, 17; Afolabi Lekan, 19; Awe Ayodele, 24 and Adeyemi Gbadebo, 19.
They were picked on Saturday, February 3,2018 in the Shotubo and Awoluwo areas of Sagamu, Ogun State following intelligence report received by the Commission about their criminal activities. The suspects were said to be living flamboyantly without legitimate sources of income before their arrest.
Items recovered from the suspects include laptops, phones bearing scanned forged documents, six exotic cars, charms and SIM cards, among others. The anti-graft agency also recovered coffins, calabashes and gourds from the home of a suspected kingpin of a syndicate of fraudsters, Adesanya R. Olaoluwa, who is currently under the EFCC watch.