Nigeria's Economic and Financial Crimes Commission (EFCC) has arrested 32 suspected Yahoo Boys (Internet fraudsters) during an early morning sting operation. The suspected Yahoo Boys were arrested at Liberty Estate, Laderin area of Abeokuta, the Ogun State capital.
According to the EFCC, iems recovered from the suspects include cars, laptops, mobile phones, and several forged documents.
“Ranging between the ages of 15 and 39 years, the suspects were taken by surprise when EFCC operatives swooped on them at one of their havens in the estate. Fourteen of them claimed to be undergraduates, while 18 others said they are self-employed in various vocations. Their arrest was sequel to a petition detailing their alleged fraudulent activities, including internet fraud through which they obtain illicit funds from unsuspecting victims,” said Tony Orilade, Spokesperson of the EFCC.
Internet fraud in Nigeria
The EFCC continues to make regular arrests as far as Internet fraudsters are concerned in Nigeria, but theirs is a cause similar to the Whack-A-Mole game. As soon as they arrest some, other Yahoo Boys start their operations. This is because some young people in Nigeria see "Yahoo-Yahoo" as a quicker way of making money in a country plagued by high youth unemployment.
“The suspects are already helping operatives of the commission with useful information. They will be charged to court as soon as investigations are concluded,” concluded Orilade.
Cover image credit: Yahoo boy (Internet fraudster) being arrested. EFCC Nigeria