The Economic and Financial Crimes Commission, EFCC has on Friday, October 2, 2020, arrested ten men over alleged involvement in internet frauds, popularly known as Yahoo Yahoo.
In a statement issued by the EFCC, the suspected Yahoo Boys were identified as Isaac Ogundayo, David Ayodele, Etiowe Kelvin, Seun Afolabi and Saheed Olalekan.
Others are Oluwatobi Damilola, Sukanmi Odofin, Ademola Okunola, Joseph Damilare and Abass Sodiq. It was gathered that the suspects were arrested in their hideout at Ajinde Road 4, off Akala-Expressway, Ibadan in the early hours of the day by men of the Commission from the Ibadan Zonal Office.
According to the EFCC, their arrest followed credible intelligence and many weeks of surveillance on the location. The commission stated that several fraudulent documents and other instruments of fraud were recovered from them at the point of the arrest.
The EFCC, however, stated that all the suspects will be charged to court as soon as investigations are completed.