• Latest
  • Trending
  • All
158 Foreigners Arrested by EFCC for teaching Nigerians  ‘Yahoo-Yahoo’

158 Foreigners Arrested by EFCC for teaching Nigerians ‘Yahoo-Yahoo’

December 17, 2024
Police Arrest Driver for Allegedly Killing Former Employer in Lagos

Police Arrest Driver for Allegedly Killing Former Employer in Lagos

July 8, 2025
Man burnt with hot oil over alleged theft in Lagos market

Man burnt with hot oil over alleged theft in Lagos market

July 8, 2025
NLC Vows Strict Enforcement of N70,000 Minimum Wage, Targets Informal Sector Employers

NLC Vows Strict Enforcement of N70,000 Minimum Wage, Targets Informal Sector Employers

July 8, 2025
UNN Student Killed by Fellow Student Over Dispute on ₦15,000 Extra Payment for Sex

UNN Student Killed by Fellow Student Over Dispute on ₦15,000 Extra Payment for Sex

July 8, 2025
ASUU Branches Suspend Lectures Nationwide Over Delayed June Salaries

ASUU Branches Suspend Lectures Nationwide Over Delayed June Salaries

July 8, 2025
Rashidi Ladoja Set to Succeed Oba Olakulehin as Next Olubadan

Rashidi Ladoja Set to Succeed Oba Olakulehin as Next Olubadan

July 7, 2025
Don Richard Opens Up on Mysterious Illness After Quitting Smoking and Drinking

Don Richard Opens Up on Mysterious Illness After Quitting Smoking and Drinking

July 7, 2025
Olubadan of Ibadanland, Oba Owolabi Olakulehin, Dies at 90

Olubadan of Ibadanland, Oba Owolabi Olakulehin, Dies at 90

July 7, 2025
I vomited blood for 7 months – Nollywood actor Ogogo breaks silence on his painful health battle

I vomited blood for 7 months – Nollywood actor Ogogo breaks silence on his painful health battle

July 7, 2025
Oyo Government Issues Land Allocation to Cashew Merchants

Oyo Government Issues Land Allocation to Cashew Merchants

July 6, 2025
Osun Cleric Arrested for Allegedly Raping 8-Year-Old Girl

Osun Cleric Arrested for Allegedly Raping 8-Year-Old Girl

July 6, 2025
10 Dead, 3 Injured in Late-Night Crash on Ijebu-Ode–Ibadan Expressway

10 Dead, 3 Injured in Late-Night Crash on Ijebu-Ode–Ibadan Expressway

July 6, 2025
Wednesday, July 9, 2025
DriveTv News
  • METRO
  • LATEST
  • NEWS
  • POLITICS
  • ENTERTAINMENT
  • BUSINESS
  • DRIVETV YORUBA
  • SPORTS
No Result
View All Result
DriveTv News
No Result
View All Result
Home LATEST

158 Foreigners Arrested by EFCC for teaching Nigerians ‘Yahoo-Yahoo’

by admin
December 17, 2024
in LATEST, METRO, NEWS
0 0
0
158 Foreigners Arrested by EFCC for teaching Nigerians  ‘Yahoo-Yahoo’
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

The Economic and Financial Crimes Commission (EFCC) has apprehended 792 individuals in Lagos State for allegedly conducting training sessions aimed at teaching Nigerians how to commit online fraud.

 

The EFCC disclosed that the scheme involved manipulating victims through fake romantic promises, deceiving them into transferring money. This revelation was made by Wilson Uwujaren, the EFCC spokesperson, on behalf of Ola Olukoyede, the Commission’s Chairman.

 

Details of the Operation

 

On Monday, December 16, 2024, Olukoyede explained that the EFCC had launched an investigation into a seven-story building located on Oyin Jolayemi Road, Victoria Island, Lagos. The operation uncovered a sophisticated fraud network operating from the building.

 

The arrests included 148 Chinese nationals, 40 Filipinos, two Kazakhs, and one Pakistani, in addition to 634 Nigerians. These individuals were found on various floors of the building, where illegal activities were allegedly being carried out.

 

Evidence of Fraudulent Activities

 

The EFCC revealed that investigators discovered 500 mobile phone lines and multiple communication devices on the building’s fifth floor, all of which were being used to commit fraud. The suspects were reportedly targeting individuals in countries such as the United States, Canada, Mexico, and parts of Europe.

 

Olukoyede explained that the syndicate trained Nigerians to assume fake identities on platforms like WhatsApp, Instagram, and Telegram. Victims were lured into conversations that eventually led to financial scams.

 

The EFCC also pointed to the use of a fraudulent website, www.yooto.com, where victims were required to pay at least $35 to begin negotiations. If Nigerian recruits failed to achieve the intended fraud, the foreign trainers would take over to complete the operation.

 

Methods of Payment and Hidden Activities

 

According to the EFCC, the syndicate avoided conventional bank transfers when compensating their recruits. Instead, they used cash handovers to prevent leaving financial trails. Cryptocurrency was also employed to conceal the flow of money and evade detection.

 

Olukoyede stressed that the building itself appeared to be a legitimate office complex, making it difficult to suspect the illegal activities occurring inside.

 

Items Seized and Ongoing Investigation

 

During the operation, the EFCC confiscated various items, including laptops, mobile phones, and a vehicle. The suspects’ statements have been taken, and investigations are still ongoing to uncover the full extent of the syndicate’s activities.

 

International Fraud Networks

 

The EFCC Chairman emphasized that this case highlights the involvement of foreign nationals in fraud operations within Nigeria. He stated: “This incident demonstrates that not all fraudulent activities in Nigeria are committed by Nigerians.”

 

The EFCC reaffirmed its commitment to identifying and dismantling criminal networks while ensuring that all those involved are brought to justice.

 

 

 

 

 

 

Tags: ArrestsCybercrimeDrivetvnewsEFCCforeignersinternet scamsInvestigationLagosNigeriansonline fraudtrainingYahoo-yahoo
ShareTweetPin
admin

admin

LATEST

Police Arrest Driver for Allegedly Killing Former Employer in Lagos

July 8, 2025
LATEST

Man burnt with hot oil over alleged theft in Lagos market

July 8, 2025
BUSINESS

NLC Vows Strict Enforcement of N70,000 Minimum Wage, Targets Informal Sector Employers

July 8, 2025
LATEST

UNN Student Killed by Fellow Student Over Dispute on ₦15,000 Extra Payment for Sex

July 8, 2025

Categories

  • BUSINESS
  • ENTERTAINMENT
  • LATEST
  • METRO
  • NEWS
  • POLITICS
  • Uncategorized

Recent Comments

    About Us

    Welcome to DriveTv News, your No.1 news vehicle that drives you around with the latest and most comprehensive news and updates from across Nigeria. Our platform is dedicated to delivering timely, accurate, and unbiased news, covering a wide range of topics, including politics, business, entertainment, sports, technology, and more.

    Newsletter

    • Home
    • About Us
    • Contact Us
    • Privacy Policy

    Copyright © 2023. DriveTv News. All

    No Result
    View All Result
    • METRO
    • LATEST
    • NEWS
    • POLITICS
    • ENTERTAINMENT
    • BUSINESS
    • DRIVETV YORUBA
    • SPORTS

    Copyright © 2023. DriveTv News. All

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In