Three ‘Yahoo Boys caught by EFCC over N120million Fraud, Operate 50 Bank Accounts

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The Economic and Financial Crimes Commission, EFCC, Ibadan Zonal Office has arrested Osemwingie Ede Joseph, Idede Stanley and Oseyomwanbor Marvelous for offences bordering on stealing and obtaining money under false pretence running to the tune of over N120,000,000.00 (One Hundred and Twenty Million Naira)

N120million fraud

According to the anti-graft agency, the suspects, Ede (59), Stanley (20) and Marvelous (19) were arrested respectively following a petition received by the commission from a complainant (name withheld) , who alleged that sometimes in October 2016, he made payment for a trip in one of the Nigerian Airlines (name withheld) via their website for himself and three of his colleagues from Lagos to Port Harcourt. Whilst trying to pay, he had difficulty with the platform and decided to call the contact Number on the website.

According to the petition, the fellow who attended to him via the call instructed him to proceed to ATM and effect a transfer which he did immediately and transferred the sum N120,000.00 (One Hundred and Twenty Thousand Naira Only) to an account allegedly belonging to one Oghenetejiri Stanley Idede. After payment, all efforts to get his payment approved seemed abortive. It was at this point that he realized that he had been duped, hence his complaint to the EFCC.

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