How Man Impersonated EFCC, Defraud Suspected Yahoo Boys Of N38M

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The Economic and Financial Crimes Commission (EFCC), has arrested one Ladeji Kelvin Babatunde for impersonating the Commission and defrauding suspected internet fraudsters of alleged N38,000,000 Million.

A statement by the EFCC tagged; ‘EFCC Arrests Man for Allegedly Obtaining N38m from Internet Fraud Suspects’ read;

Operatives of the Economic  and Financial Crimes Commission,  EFCC, Lagos Zonal Command, have arrested one Ladeji Kelvin Babatunde for allegedly obtaining over N38,000,000.00( Thirty-eight Million Naira) from suspected internet fraudsters in order to prevent their arrest by the Commission.

The defendant allegedly impersonated officers of the Commission and obtained the sum of money by false pretense from the suspected cyber criminals.

Upon his arrest, a four-bedroom uncompleted apartment located at Ikola Road, Alagbado, Lagos, which was developed with the proceeds of the perpetrated fraud, was recovered from him.

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