Operatives of the Economic and Financial Crimes Commission, EFCC, Ibadan Zonal Office, on Tuesday, March 26, 2019 swooped on a location suspected to be a hideout of Yahoo Boys following series of reports from residents of the area on their alleged fraudulent activities.
The early morning raid on apartments within the Kolapo Ishola Estate, in Akobo area of Ibadan led to the arrest of six young men between the ages of 24 and 30 years.
The suspects include:
Tella Adefemi Ibrahim, Awoniyi Adeseye Abiodun, Oladele Olawale Wasiu, Olabiti Afeez Ajibola, Akeredolu Oluwafemi Temidayo and Oyaremi Olalekan Olabode.
A series of intelligence gathered on them suggested that they are deeply involved in all manners of fraudulent activities, including love scam, through which they illegally obtain money from unsuspecting victims.
At the point of their arrest, EFCC operatives recovered five different models of exotic cars, laptops, mobile phones and several documents containing false pretences from the suspects.
They will be charged to court as soon as investigations are completed.