Organised Foreign Fraudsters Establishing Cells In Nigeria — Olukoyede

Ola Olukoyede, the head of the Economic and Financial Crimes Commission, has gotten the word that organized foreign fraud syndicates are establishing cells in Nigerian cities.

Olukoyede, who was present with the Commission and was accompanied by the National Institute for Security Studies’ EIMC 18, said the criminals were recruiting young Nigerians into serious organized cybercrimes, including cryptocurrency fraud, under the direction of the Director of Studies, Hyginus Ngele.

EFCC spokesman, Dele Oyewale, disclosed this in a statement on Wednesday.

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According to him, “Understanding the recent discovery that organized foreign fraud syndicates are establishing cells in Nigerian cities and recruiting young Nigerians into serious organized cybercrimes, including cryptocurrency fraud, is another aspect that is not given attention.”

“We are beginning to realize how likely it is that many of these people are into using cryptocurrency as a means of payment to import weapons into the country.” And we must all be interested in this subject.

194 foreigners were detained in the heart of Victoria Island as part of the recent special operations we conducted in Lagos. One hundred and ninety-four of them, Chinese, Filipinos, Eastern Europeans, Tunisians, and the like in one building at a time. You can imagine what these guys are doing, 194 of them. Some of them don’t even have valid visas, and most of the financial activities they carried out they did through cryptocurrency.

Source: Channels TV