EFCC Arrests 3 Yahoo Boys In Ibadan

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The Economic and Financial Crimes Commission (EFCC), Ibadan Zonal Office has arrested a gang of internet fraudsters Davies Ayomide Rapheal who is a drop-out, Adeyemi Adewumi Segun and Oyewole Segun over alleged scam.

The suspects who were reportedly arrested by EFCC at different locations following tip-off, confessed to have accomplices abroad.

EFCC Arrests 3 Yahoo Boys In Ibadan

Rapheal said, “I usually pose like a genuine buyer and engage any seller in a bid to purchase a car. After the seller had agreed to the terms of purchase, I go online to edit any PayPal receipt online to reflect whatever agreement reached which includes cost of purchase and the accrued percentage for shipping.

”Our cohorts abroad, collect the shipping cost which had been added to the cost of the car on the PayPal receipt and send it to either Adeyemi or Oyewole who receives it in Nigeria for us to share.”

Raphael, 27, also said that he had to recruit his co-travelers, Adeyemi and Oyewole into the Syndicate in order to raise money to pursue his dream of becoming a music star, having dropped out of school.

He was said to have confessed that he made about N2.5million from the various scams from which he bought a car, Honda Accord (EOD) with registration number EKY437EA, and a Phantom 5 phone while Adeyemi and Oyewole also confessed to be members of the Syndicate.

One of the suspects, 27-year-old Adeyemi, also confessed that he was into romance scam and had fleeced some unsuspecting victims of their money, the latest being $250 that he got from an Australian.

Oyewole, 31, said that his share in the latest ‘deal’ was N247,000 which was ten percent of the sum realised.

EFCC, however, noted that the suspects will be charged to court as soon as investigation is concluded.

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