EFCC Recovers N423bn; $39,253; €2,330

The Economic and Financial Crimes Commission (EFCC), Abuja Zonal Office, has recovered the sum of N423, 006,987.92; $39,253 and €2330 between January and August 2019.

Speaking Tuesday at a press briefing, the Acting Chairman of the Commission, Ibrahim Mustapha Magu, who was represented by the Head of Abuja Zonal Office, Aminu Ado Aliyu, said the zone was also focusing on cybercrime through intelligence gathering and collaboration with other agencies across the world.

He said, “Prior to the release of the FBI list, we had in collaboration with the FBI, cases under investigation of which two suspects indicted in the list released by the FBI are in our custody.

“On the other hand, another suspect on the list is being investigated independently on a different case and his case is pending arraignment.

Two of the suspects, Chika Augustine and Godspower Nwachukwu, were arrested in Abuja and $35,000 has been recovered from Chika Augustine, the zonal head said.

He further disclosed that 33 convictions had been secured from January 2019 till date while 293 arrests had been made and over 465 cases are currently under investigation.

He warned that the modus operandi of the suspects include and not limited to love scams, E-mail phishing, identity theft and fraudulent Bitcoin and crypto currency sales.

Aminu also cautioned the public against the prevalence of fraudulent Bitcoin sales saying that it was on the rise.