EFCC arrests four-man syndicate for impersonating Olukoyede in $1M fraud scheme

The Economic and Financial Crimes Commission (EFCC) has arrested a four-man syndicate accused of impersonating its Chairman, Mr. Ola Olukoyede, in a fraudulent scheme worth one million dollars.

The EFCC Spokesperson, Dele Oyewale, disclosed this in a statement on Thursday in Abuja.

The suspects were apprehended on Wednesday at Gimbiya Street, Garki, and Apo Legislative Quarters, both in Abuja.

According to the statement, the alleged fraudsters posed as the EFCC Chairman and contacted Mohammed Bello-Koko, the former Managing Director of the Nigeria Port Authority (NPA), claiming that he was implicated in fabricated EFCC investigative activities during his tenure.

The EFCC’s swift action led to the arrest of the syndicate, bringing an end to their illicit activities.

“The impersonators allegedly demanded one million dollars from Bello-Koko, threatening arrest and prosecution if he failed to comply.

“Upon receiving intelligence about the impersonators, EFCC operatives were deployed to collaborate with the alleged fraudsters, leading to their successful arrest.

“The suspects are currently in EFCC custody and will be charged to court once investigations are concluded,” he said.