Nigeria’s ‘Yahoo boys’ arraigned for fraud

December 14, 2018 • Featured, Finance & Banks, Finance and Banking, News, Security, Software, Technology

EFCC-operatives arrest Nigeria’s notorious Yahoo Boys, photo supplied

from OKORO CHINEDU in Lagos, Nigeria
LAGOS – SOME 24 Nigerian university students have appeared in court for alleged involvement in cyber crime.

This follows their recent arrest for allegedly obtaining money by false pretence through fraudelent emails to unsuspecting victims, mostly in the United States of America, and engaging in romance scam online.

The Economic and Financial Crimes Commission (EFCC) is seeking their prosecution.

“The journey to the dock for the suspects began when the EFCC got wind of their activities through series of intelligence alleging that they engaged in fraudulent activities,” EFCC spokesperson, Tony Orilade, said.

Defendants have all been arraigned on separate charges bordering on obtaining money by false pretence, impersonation and possession of fraudulent documents.

One of the suspects is accused of pretending to be a woman, then defrauding an American man of $350 (about R500) through a bogus offer of marriage.

Another allegedly defrauded victims by presenting themselves as an agent for the non-existent Government/Facebook Compensation Bonus and Poverty Eradication scheme.

All suspects have pleaded not guilty to the charges preferred against them.

Fourteen suspects have secured bail.

The case has been adjourned to January and February.

Nigerian university students have a reputation for crimes committed over the internet, earning themselves a tag as “Yahoo boys.”

– CAJ News

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