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The Economic and Financial Crimes Commission (EFCC) has uncovered money laundering activities exceeding $300,000 (Three Hundred Thousand United States Dollars) linked to a suspected internet fraudster.
According to a statement released by the commission, the suspect was among 35 individuals arrested on Sunday, May 4, 2025, in the Sabo Iyako area of Auchi, Edo State. The arrests followed credible intelligence connecting the individuals to various forms of internet fraud.
The EFCC disclosed that the suspect, who operated as a “picker” or “azaman” in internet fraud terminology, had collected and laundered over $300,000 on behalf of syndicate members who are currently at large. Further investigations also revealed the suspect’s involvement in investment and banking fraud.
The commission stated that the suspect will be charged to court upon the conclusion of the ongoing investigation.
