The Economic and Financial Crime Commission (EFCC) in collaboration with the United States’ Federal Bureau of Investigation has Emmanuel Adedeji Oluwatosin in custody, one of the 77 Nigerians indicted by the US government over a large-scale scam.
The EFCC confiscated two luxurious cars- Mercedes Benz E550 and Mercedes Benz C450 and other gadgets.
He was seen moving around in Sokoto State on Thursday, following his arrest in Kaduna State.
According to the Zonal Head, Abdullahi Lawal, Oluwatosin and his fellow conspirators acquired retirement account information (RAI) and personally identifiable information (PII) of several people which they used to wire funds into newly-created business bank accounts.
The proceeds were then converted to cryptocurrency.
According to the EFCC, Preliminary investigations showed that about N1,437,889,157.15 has passed through the suspect’s accounts.
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The Zonal Head of the EFCC said that 70 million naira of the money had been trace and efforts are being made to recover the money.
Meanwhile, the anti-corruption agency has arrested a wanted suspect, Muzakkir Muhammad, in connection with a case of obtaining money under false pretenses and production of fake currencies.
He said the suspect was reported by one of his victims, Abdullahi Ibrahim, after he had defrauded another victim, Samaila Sani, a bureau de change operator amounting to $33,850.
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