‘70% of Nigerian university students are Internet fraudsters’ – EFCC chairman  

The Economic and Financial Crimes Commission (EFCC) chairman, Ola Olukoyede, has labelled 70 per cent of Nigerian university students as internet fraudsters. According to a statement on the anti-corruption agency’s X (formerly Twitter) page, the EFCC boss disclosed this while speaking on Monday with a delegation from Daar Communication Plc, at EFCC headquarters in Jabi, Abuja. Olukoyede had described internet-related crimes as a menace and cankerworm in society. According to him, “It is worrisome that seven out of 10 students today are involved in cyber-crimes”, indicating that 70 percent of Nigerian…

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INTERPOL arrests over 70 suspected fraudsters linked to Black Axe cult in Nigeria

The International Criminal Police Organisation, (Interpol), says it has arrested 75 persons linked to one of Nigeria’s biggest cult groups, Black Axe. In a report, Interpol said it coordinated a global operation, codenamed: ‘Operation Jackal’, specifically against Black Axe. The operation involved 14 countries across four continents from September 26 to September 30, 2022. The international police described the group as one that is “rapidly becoming a major security threat worldwide”. “Black Axe and similar groups are responsible for the majority of the world’s cyber-enabled financial fraud as well as…

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“We wan do yahoo-yahoo” – Teenage boys

A video of some “stranded” boys who were searching for where to learn yahoo-yahoo (online fraud) has gone viral. The boys were seen being queried by a man, whose gate they knocked at in an Edo community.  The teenage boys, who are between the ages of 14-16, told the man that they “want to hustle”, which they clarified to mean yahoo-yahoo (on-line fraud) and not yahoo plus (online fraud+rituals). They further revealed that they were sent out from where they were staying. When asked about their parents, they said their…

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