EFCC issues warning to Nigerians, Yahoo boys

“Don’t Be Pushed By Greed” EFCC Advises Nigerians. Warns Yahoo Boys

by AnaedoOnline

Onthe need to always be cautious, The Economic and Financial Crimes Commission, EFCC, has again warned Nigerians over money doublers. The anti-graft agency yesterday warned Nigerians to avoid wonder banks and money doublers.

EFCC also advised Nigerians to stay away from businesses without offices, adding that no one; even politicians are not exempted from being arrested if found committing any economic and financial crimes.

The anti-graft agency issued the warning during a question and answer section on its verified Twitter page.

The post read: “Nigerians beware of wonder banks, beware of “Money doublers. Flee from business entities with no office location! Don’t be pushed by greed!

READ ALSO: Nigerians React As EFCC Recovers Four ‘Ghana-Must-Go Bags


“It is better to act wisely than to regret the action. We also have what it takes to arrest and prosecute ANY Nigerian politician who has committed economic and financial crimes.”

EFCC added that Yahoo boys are a ‘Curse’ to Nigeria henceforth will continue to be hunted until they desist from the fraudulent activity. “Yahoo boys are actually A “CURSE” to the country and need to be stopped spreading at once

“For the purpose of education and information, internet fraud is a form of cybercrime punishable under several Sections of the Cyber Crimes (Prohibition Prevention, etc) Act, 2015. A jail term of 7 years awaits the convict or a fine of N5m,” the post added.

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