The Economic Financial Crimes Commission (EFCC), has arrested Oyediran Joseph, one the most wanted internet fraud suspects by the Federal Bureau of Investigation (FBI).
The Acting Chairman of EFCC, Mr Ibrahim Magu,who disclosed this today at a press conference, explained that Oyediran Joseph, was in Ilorin, Kwara State.
The EFCC Chairman, who was represented by Ilorin Zonal Head of the Commission, Mr Isyaku Sharu, said that the anti-graft body has been supportive to the activities of FBI and every other foreign counterpart, whose responsibility is similar to that of the Commission.
According to him, “Three weeks ago, the US authority had written to us for assistance in tracking and possible arrest and prosecution of two most wanted FBI suspects in Nigeria. Investigation conducted by the EFCC revealed that Joseph had benefited about N60 million from the loot via western union transfers.”
Magu further explained that within seven months of operation, the Ilorin Zonal office independently arrested over 50 suspected internet fraudsters, secured conviction of 25, and got forfeiture of their exotic cars, adding that the money recovered from the fraudsters was in millions of naira and that all would be forfeited to the Federal Government in line with court judgement.
The EFCC boss stated that four properties were linked to some of these cybercrime suspects, located in choice areas in Ado Ekiti, Ekiti state.
In his words, “These properties include Supermarket, Plaza, and so on, and the conservative value of these properties cannot be less than N800 million to N1 billion.”
He noted that the nation depends on the vibrancy of the economy, which is a common denominator binding Nigeria together and that business all over the world are conducted via cyber.
He stressed the need for Nigerians to collaborate to fight the scourge of internet fraud and cybercrime with a view to make the cyber space well-fortified, to allow foreign investors invest to further boost Nigeria’s economy.