Skip to content
September 7, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • EFCC Traces over $300,000 Laundered Money to Arrested Yahoo Boy 
  • National News

EFCC Traces over $300,000 Laundered Money to Arrested Yahoo Boy 

Admin May 6, 2025
Scammers

EFCC office

May 6, 2025

The Economic and Financial Crimes Commission, EFCC, has traced money laundering activities in excess of $300,000 (Three Hundred Thousand United States Dollar) to a suspected internet fraudster.

According to the EFCC in a statement on Tuesday, the suspect was among the 35, picked up on Sunday, May 4, 2025 in Sabo Iyako area of Auchi, Edo State by the Commission, following credible intelligence that linked them to fraudulent internet activities.

As a “picker” or “azaman” in internet fraud lingo, investigations revealed that the suspect has collected and laundered over $300,000 (Three Hundred Thousand United States Dollars) for his syndicate members who are at large.

Apart from internet fraud, EFCC’s investigations revealed that the suspect is equally involved in investment and banking fraud.

He will be charged to court as soon as investigation is concluded.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Azaman EFCC

Post navigation

Previous ‘Cocoa boys’ flock to Nigerian farmlands, drawn by high prices
Next Alleged N2.7bn Fraud: Court Admits more Evidence against former aviation minister Sirika, others

Related Stories

NISO Rejects DisCos’ Debt Settlement Plans, Threatens Sanctions Over Outstanding Obligations
  • National News

NISO Rejects DisCos’ Debt Settlement Plans, Threatens Sanctions Over Outstanding Obligations

September 7, 2026
Police Neutralise 6 Bandits, Rescue Kidnap Victims, and Arrest Suspects Across 9 States Ekiti abductors
  • National News

Police Neutralise 6 Bandits, Rescue Kidnap Victims, and Arrest Suspects Across 9 States

September 7, 2026
NDLEA Intercepts Modified Fuel Tanker Carrying 2.1 Tonnes of Cannabis Worth N1.1bn in Ondo
  • National News

NDLEA Intercepts Modified Fuel Tanker Carrying 2.1 Tonnes of Cannabis Worth N1.1bn in Ondo

September 7, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

NISO Rejects DisCos’ Debt Settlement Plans, Threatens Sanctions Over Outstanding Obligations
  • National News

NISO Rejects DisCos’ Debt Settlement Plans, Threatens Sanctions Over Outstanding Obligations

September 7, 2026
GSMA Warns Delays in 6GHz Spectrum Decisions Risk Stalling 5G, 6G Deployment
  • Business & Economy

GSMA Warns Delays in 6GHz Spectrum Decisions Risk Stalling 5G, 6G Deployment

September 7, 2026
Police Neutralise 6 Bandits, Rescue Kidnap Victims, and Arrest Suspects Across 9 States Ekiti abductors
  • National News

Police Neutralise 6 Bandits, Rescue Kidnap Victims, and Arrest Suspects Across 9 States

September 7, 2026
NDLEA Intercepts Modified Fuel Tanker Carrying 2.1 Tonnes of Cannabis Worth N1.1bn in Ondo
  • National News

NDLEA Intercepts Modified Fuel Tanker Carrying 2.1 Tonnes of Cannabis Worth N1.1bn in Ondo

September 7, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.