EFCC Nabs 127 Alleged Fraudsters During Ondo ‘Yahoo’ Party

Operatives of the Ibadan Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) have struck a major blow against cybercrime with the arrest of 127 suspected internet fraudsters in Ondo State.

In a statement released via its official X handle, the EFCC revealed that the arrests took place during the early hours of Saturday morning at a notorious “Yahoo Party” simultaneously held at Signature and Abah Clubs in Akure, the state capital.

The statement highlighted the strategic maneuvering of the alleged perpetrators, stating, “Credible intelligence showed that the alleged party was initially scheduled for Wednesday, June 5, 2024, but was later moved to Saturday to beat security and intelligence networks of the EFCC.”

According to the anti-graft agency, the suspects have provided valuable information to investigators, aiding in the crackdown on cybercrime.

The haul from the operation included a variety of assets seized from the suspects, comprising 10 exotic cars, phones, laptops, motorcycles, wristwatches, and numerous incriminating documents.

As investigations continue, the EFCC has declared its intent to swiftly bring the perpetrators to justice, affirming, “They will be charged to court as soon as investigations are concluded.”