EFCC Arrests 792 Crypto Fraudsters in Lagos’ Largest Crackdown
The Economic and Financial Crimes Commission (EFCC) has apprehended 792 individuals in what is being described as the largest one-day operation against cryptocurrency and romance fraud networks.
The arrests were made in a seven-story building in Victoria Island, Lagos, with the suspects linked to widespread online fraud schemes.
Among the arrested were 114 Chinese nationals, 40 Filipinos, two Khazartans, one Pakistani, and one Indonesian.
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EFCC spokesperson Wilson Uwujaren confirmed the operation and stated that the suspects were part of various fraud rings exploiting digital currencies and online romance scams.
The crackdown highlights the commission’s ongoing efforts to combat cybercrime in Nigeria.
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