EFCC tracks $ 300,000 for alleged internet fraud

The Economic and Financial Crime Commission (EFCC) has tracked more than $ 300,000, which is thought to be the result of money laundering, is an alleged internet fraud.

The Head of the EFCC media and publicity, Dele Oyewale, said in a statement on Tuesday in Abuja that the suspect was among 35 suspects arrested on Sunday in the Auchi area in the state of Edo.

He said the arrest followed a credible intelligence that connects the suspects with cheating internet activities.

Also read: EFCC confirms the arrest of Verydarkman for the alleged cyberstalking

The spokesman added that the investigation revealed that the suspect had collected and washing more than $ 300,000 for free syndicate members.

“Apart from internet fraud, EFCC’s investigation revealed that the suspect was equally involved in banking investment and fraud.

“He will be charged in court immediately after the investigation is complete,” Oyewale said.

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