Economic and Financial Crimes Commission (EFCC) in Lagos has arrested Frank Chinedu, an alleged proprietor of internet fraud training school known locally as ‘Yahoo Yahoo’.
The 22-year-old was arrested alongside eight students of the training centre located at 14 Animashaun Street, Progressive Estate, Ojodu Berger, Lagos, while receiving lectures on internet fraud.
Those arrested alongside Mr Chinedu are Ahmed Musa, 24; Desmond Eze, 29; Preye Kingsley, 23; Benjamin Irabor, 21; Benjamin Opah, 19; Akapo Prosper, 22; Innocent Paul, 20 and Olamide Edun, 20.
The suspects were arrested on May 22 following intelligence reports.
Items recovered from the suspects include nine laptops, 16 mobile phones, an Airtel modem, Orange Wifi and one Toyota Camry with registration number EPE406FN.
EFCC has sealed the training centre, saying the suspects would be charged to court soon.