Ahead of the Yuletide, the Economic and Financial Crimes Commission has launched total war on online fraudsters otherwise known as ‘Yahoo Boys’, The PUNCH has learnt.

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.

Confirming the development, the Spokesman for the EFCC, Mr. Tony Orilade, said, “The chairman, Ibrahim Magu, has constituted a Special Task Force on Internet Fraud.

“The task force, is made up of personnel from ICT, Public Affairs, Operations and Special Control Unit against Money Laundering.”

As part of the operation, the EFCC has already arrested over 50 suspected online fraudsters in the last 10 days in Lagos, Abuja, Port Harcourt and Ibadan.

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.”


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4 COMMENTS

  1. What is Efcc business wit Yahoo boys does whteman are your brother s if is Brothers are d same country with you don’t forget that we are Nigerians look for what to eat is not force please take note

  2. Nice one. Thats a very good idea, another sugestion..don’t alert(giving the public awareness of when operation will start, cause they mighy be smarter, i advice you take the action unaware to really unvail them…. But my question is will the funds recovered from these guys be refunded back to the victims?

  3. Gorvanment must see in to the children’s at yung age befor they become criminal to the country.to me no plan for them this is wy to eradicate become problems

  4. EFCC ARE THE MAIN CRIMINALS ASK YOUR MAGUS WHAT HAPPENED TO THE $500 BILLION DOLLARS ABACHA LOOT RECOVERED?? WHY DID HE PRESENT $91BILLION TO THE FEDERAL GOVERNMENT, NOW ASK MAGU (WHERE THE HELL ARE THE REST OF ALL THE MONEY) INSIDE $500BILLION HE PRESENTED $91BILLION WHO IS FULLING WHO?? YOU COMPLAIN ABOUT YAHOOBOYS HOW MANY OF YOUR BANK ACCOUNT HAVE BEEN HACKED BY THEM? OR DO YOU THINK WE DON’T LOVE NIGERIA? HELL YEAH!! WE DO BECAUSE IF NOT CENTRAL BANK WOULD HAVE BEEN HACKED I PROMISE YOU THIS IT WILL ONLY TAKE JUST 10-15MINUTES TO HACK ANY OFFICIAL DATA BASE AND ATTACK WITH A VIRUS THAT WILL CRIPPLE EFCC DATA BASE,IF YOU THINK YOU REALLY WANT TO STOP CRIME START FROM OBASANJO, THEN TO THE SENATORS…

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