Operatives of anti-graft agency, the Economic and Financial Crime Commission (EFCC) have arrested six suspected internet fraudsters with a mini coffin during a raid in Ibadan, the Oyo State capital.
The suspects were identified as Azeez Adebowale, Toyinsola Bolumole, Ifelowo Ololade, Sonuyi Ayodeji, Folarin Olayinka, and Aluko Olawale. They were arrested by the EFCC operatives in a raid of Oluyole and Alao-Akala estates in Ibadan.
In a statement on Tuesday, Tony Orilade, the EFCC acting spokesperson, said some of the items recovered by the operatives from the suspects include four cars, various brands of sophisticated phones and an Automated Teller Machine (ATM) card.
Orilade said one of the suspects, Adebowale, 38; claimed to be using the coffin as a soap rack to hypnotise his victims.
The EFCC has taken huge steps to curb financial crimes and ritual killings in Nigeria, Orilade said. In October 2019, the Commission arrested about 200 suspected internet fraudsters, popularly known as Yahoo boys.
The Ibadan zone of EFCC alone secured 171 convictions, 167 of which are cybercrime offenders in 2019. In addition, the EFCC impounded 56 automobiles and 14 houses from the offenders and recovered N211,134,927.26; $136,289; €2000 and £765.
According to the 2017 Africa Cyber Security Report, the continent lost $3.5 billion to cybercrime, out of which Nigeria’s loss was about $649 million.