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The Economic and Financial Crimes Commission, on Wednesday,
arrested 29 men suspected to be involved in Internet-related
fraud.

The suspects were arrested on the Akoto Estate, Elebu area of
Ibadan, Oyo State.

They were rounded up during an early morning raid by operatives
of the commission.

Earlier, the team had mounted surveillance on the suspects while
working on strings of intelligence gathered on their
activities.

The preliminary investigation confirmed the intelligence report
to be credible, leading to the sting operation.

Among the items recovered from the suspects were eight exotic
cars, expensive phones and laptops as well as documents suspected
to have been used for illicit deals.

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According to the anti-graft agency, the suspects will be charged
to court as soon as investigation is concluded.

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