EFCC Arrests ‘Herbalists’ With $3.4m, €280,000 Counterfeit Notes 

EFCC Arrests ‘Herbalists’ With $3.4m, €280,000 Counterfeit Notes 

https://www.channelstv.com/wp-content/uploads/2025/12/herbalists-foreign-currency1.jpg

The Economic and Financial Crimes Commission (EFCC)’s Ibadan Zonal Directorate has discovered significant counterfeit foreign notes worth $3,430,000 (Three Million Four Hundred and Thirty Thousand United States Dollars) and €280,000 (Two Hundred and Eighty Thousand Euros) in the possession of a five-member syndicate accused of allegedly defrauding one Halima Sanni of sums of N$ 26, 550,000 (Twenty-Six Million

Following extensive surveillance and information gathering about their implausible activities, the herbalists were detained on December 7, 2025, at their shrines in Osun and Lagos states, according to a release signed by the Head of Media and Publicity, &nbsp, EFCC, Dele Oyewale, in a release.

The recovered foreign currencies are allegedly fake. EFCC is the credit.

According to the investigation, the suspects allegedly defrauded people of their legitimate incomes by pretending to be spiritual healers and healers for various ailments.

Also read: Gunmen abduct three people from Plateau after killing 12 miners.

Additionally, they allegedly promised to protect their alleged victims by ensuring that they could conjure several currency notes by performing spiritual sacrifice sacrifices before spending the money. They hypnotized their victims to get money for the sacrifice, and they did all of these.

The recovered foreign currencies are allegedly fake. EFCC is the credit.

Two exotic cars and mobile phones are among the items that were recovered from them.

Source: Channels TV

234Radio

234Radio is Africa's Premium Internet Radio that seeks to export Africa to the rest of the world.