The Economic and Financial Crimes Commission, EFCC, has announced that its operatives have arrested one Osondu Victor Igwilo and three others for a $100m fraud.
In a statement in Abuja, the anti-graft agency said Igwilo had been on the watch list of the Federal Bureau of Investigation (FBI) since 2018.
Igwilo, 52, believed to be the leader of a criminal network of “catchers,” was arrested alongside Okafor Nnamdi Chris, Nwodu Uchenna Emmanuel and John Anazo Achukwu at a studio in the Sangotedo area of Lagos.
The suspects are facing allegations of fraud, money laundering and identity theft to the tune of about $100m.
Before their arrest, Igwilo and his accomplices had allegedly been involved in an advance-fee scheme that involved false promises of investment funding by individuals who impersonated some United States of America, USA, bank officials in person and via the internet.
