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oguninsight.com > Blog > News > EFCC arrests 12 internet fraudsters in Ikoyi
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EFCC arrests 12 internet fraudsters in Ikoyi

Adebayo Kazeem
Last updated: 21 January 2025 13:04
By
Adebayo Kazeem
2 Min Read
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The Economic and Financial Crimes Commission on Friday arrested over 12 suspected internet fraudsters in the Ikoyi area of Lagos.

According to a statement released by the commission, the EFCC operatives stormed the popular Club 57 on Awolowo Way, Ikoyi, where the suspected “yahoo yahoo boys” were rounded up, following intelligence report.

Some of the suspects reportedly abandoned their cars in a bid to escape, while others resisted arrest.

The EFCC said 10 cars have been recovered and the suspects will be charged to court after investigations have been concluded.

The statement reads,

“As part of efforts to stem the tide of cyber crimes, the Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, in the early hours of Friday, May 11, 2018 arrested over 12 suspected internet fraudsters in the Ikoyi area of Lagos.

“The EFCC operatives stormed the popular Club 57 on Awolowo Way, Ikoyi, where the suspected “yahoo yahoo boys” were rounded up, following intelligence report.

“While some of the suspects abandoned their exotic cars to avoid arrest, some others put up resistance, thereby turning the environ into a war-like zone of sorts.

“However, a total 10 cars were recovered from the suspects during raid that lasted about three hours. The suspects will soon be charged to court when investigations are concluded.“

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ByAdebayo Kazeem
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Adebayo Kazeem is a journalist with over seven years of experience covering politics, foreign news, society, entertainment and the film industry.
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