The Economic and Financial Crimes Commission (EFCC) has achieved what it describes as its largest single-day crackdown on cybercrime in history, apprehending 792 suspected crypto fraudsters in Lagos. The arrests were carried out at a seven-story building located in the upscale Victoria Island area.
Wilson Uwujaren, the EFCC spokesperson, disclosed this on Monday during a press briefing, highlighting the significance of the operation in the commission’s intensified efforts to combat financial and cybercrimes.
According to Uwujaren, the suspects comprised individuals from diverse nationalities, emphasizing the global reach of the alleged fraud network. The breakdown of those apprehended includes 114 Chinese nationals, 40 Filipinos, two individuals from Kazakhstan, one Pakistani, and one Indonesian. The EFCC has revealed that the suspects were allegedly involved in large-scale crypto scams targeting victims across various continents.
“This operation underscores our commitment to dismantling transnational cybercrime syndicates operating within Nigeria,” Uwujaren said. “The sheer scale of this arrest demonstrates the EFCC’s ability to respond effectively to increasingly complex and sophisticated criminal activities.”
Preliminary investigations suggest that the building, which served as a hub for the fraudulent activities, was equipped with advanced technology used for cryptocurrency-related schemes. The EFCC spokesperson noted that several digital devices, computers, and electronic gadgets were confiscated during the raid, and forensic examinations are ongoing to extract evidence.
The commission has reassured the public of its determination to ensure that those involved are brought to justice. Uwujaren called on Nigerians and the international community to support the EFCC’s efforts in tackling cybercrime, noting the harm such activities cause to individuals and the economy.
This landmark operation represents a significant step in Nigeria’s broader fight against cybercrime and money laundering, as the country intensifies efforts to uphold its global reputation in the fight against financial crimes.
