The Economic and Financial Crimes Commission (EFCC) Lagos has
arrested eight internet fraudster one of whom allegedly pay for a
Sports Utility Vehicle (SUV) worth N44million in Bitcoin.
![image](/2020/10/lawreport.jpg")
![image](/2021/05/lawp.jpg")
Our correspondent learnt that Tobiloba Aramide Ogundiyan is
accused by the Advance Fee Fraud section of the anti-graft agency
of committing online fraud and converting his loot to the
cryptocurrency.
![image](/2021/01/payne-alex.jpg")
An EFCC source said Ogundiyan “acquired his ill-gotten wealth
from internet fraud, layered it into a Bitcoin account and finally
integrated it by approaching a car shop owner in Lekki to purchase
a Range Rover Vela P380 2018 model worth N44,000,000 ($97,626 USD
in Bitcoin) sometime in March 2021”.
Ogundiyan and seven others were arrested by the anti-graft
agency on May 18, 2021 at River View Estate, Lekki, Lagos for
alleged computer-related fraud.
The other suspects are Samson Alabi Afolabi; Adebayo Dolapo
Olumide; Daniel Boluwatife Akinwunmi; Moses Segun; Kelechi Thankgod
Felix; Adeleke Godwin Tofunmi and Adewale Dapo Victor.
The suspects were said to have been found with exhibits
including electronic gadgets (handsets, laptops), exotic cars,
expensive jewelleries, antiques etc
The EFCC said in the course of its investigation, it found that
apart from computer-related fraud, some of the suspects had
completed the three stages of money laundering i.e. placement,
layering and integration.
The Economic and Financial Crimes Commission (EFCC) Lagos has
arrested eight internet fraudster one of whom allegedly pay for a
Sports Utility Vehicle (SUV) worth N44million in Bitcoin.
Our correspondent learnt that Tobiloba Aramide Ogundiyan is
accused by the Advance Fee Fraud section of the anti-graft agency
of committing online fraud and converting his loot to the
cryptocurrency.
An EFCC source said Ogundiyan “acquired his ill-gotten wealth
from internet fraud, layered it into a Bitcoin account and finally
integrated it by approaching a car shop owner in Lekki to purchase
a Range Rover Vela P380 2018 model worth N44,000,000 ($97,626 USD
in Bitcoin) sometime in March 2021”.
Ogundiyan and seven others were arrested by the anti-graft
agency on May 18, 2021 at River View Estate, Lekki, Lagos for
alleged computer-related fraud.
The other suspects are Samson Alabi Afolabi; Adebayo Dolapo
Olumide; Daniel Boluwatife Akinwunmi; Moses Segun; Kelechi Thankgod
Felix; Adeleke Godwin Tofunmi and Adewale Dapo Victor.
The suspects were said to have been found with exhibits
including electronic gadgets (handsets, laptops), exotic cars,
expensive jewelleries, antiques etc
The EFCC said in the course of its investigation, it found that
apart from computer-related fraud, some of the suspects had
completed the three stages of money laundering i.e. placement,
layering and integration.