Ahead of the Yuletide, the Economic and Financial Crimes Commission, EFCC has launched total war on Yahoo Boys who specialise in defrauding unsuspecting foreigners on the internet, Punch Metro reports.
The operation codenamed ‘Cyber Storm’, will involve EFCC operatives monitoring suspicious transactions especially by youths who cannot explain their source of wealth.
The commission will also deploy its agents in nightclubs and concerts where youths usually go to “pop” expensive champagne.
The anti-graft agency will also be monitoring social media accounts of suspected fraudsters who usually show off their expensive cars and houses.
An EFCC operative said, “We have declared a total war on Yahoo boys who have done nothing but given Nigeria a bad name home and abroad. We know their methods of operation. Be assured that in the coming days we will make more arrests.
“Those who live honest lives will not be touched.”
Meanwhile, the EFCC has arrested three suspected internet fraudsters, at No 24, 1st Avenue, Fort Royal Estate, Airport Road, Abuja.
The EFCC said in a statement by its acting Spokesman, Mr. Tony Orilade, that arrest was based on intelligence report that the suspects turned the said residence into their office, using laptops, phone and other gadgets to defraud innocent people, including foreigners, of their hard earned money and other valuables.