Operatives of the Benin Zonal Command of the Economic and Financial Crimes Commission (EFCC) made an arrest of a 26-year-old man identified as Precious Ojo, also known as Obago, on allegations of internet fraud.
The arrest was made in Oghara, Delta State, Nigeria, after the EFCC received a petition from a US citizen accusing the suspect of defrauding her of $268,000 by impersonating a US Treasury employee named Raymond Bush.
Upon his arrest, the suspect reportedly confessed to using the proceeds of his fraudulent activities to construct a luxury hotel in Oghara where he was arrested.
In addition to the hotel, the EFCC recovered other items from the suspect, including a Mercedes-Benz car with a personalized number plate and mobile phones.
The suspect is in EFCC custody and will soon be arraigned to face charges for his alleged crimes.
The EFCC has continued to crack down on internet fraud and other financial crimes in Nigeria, working in collaboration with law enforcement agencies in other countries to bring perpetrators to justice.
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