Two Blood Brothers Arrested For Defrauding ‘Yahoo Boys’ Using EFCC’s Name [Photos]

The Economic and Financial Crimes Commission (EFCC) Ibadan zonal office, has arrested two blood brothers for using the commissions’ name to extort internet fraudsters popularly known as ‘Yahoo Boys’.

The siblings – Olatunji Joe Beyioku (35) and Oluwayomi Beyioku (37) – were arrested in Abeokuta, Ogun State, on Friday, November 15, 2019, after the EFCC embarked on discreet investigations into their activities.

EFCC said during the investigation, it discovered that the two brothers are in the habit of extorting Yahoo Boys with promises to shield them from arrest by the Commission.

“The suspects claimed to be spy police officers with the rank of Deputy Superintendent of Police, DSP, and have ‘assisted’ the Commission with information on the whereabouts of internet fraudsters within the town, but it was discovered that they only expose those who failed to meet their demand, while others willing and ready to play ball are shielded.

“It was also discovered that they have made several million of naira sabotaging the Commission’s efforts and live large therefrom.

“A search conducted on the younger brother’s palatial residence along Lagos-Abeokuta Expressway suggested that they may be living far above their means. Items found in the multi-million naira building also raised suspicion of the brothers’ possible involvement in other forms of criminal activities.

“Items recovered from them include two cars, Honda Accord Crosstour and a Mercedes Benz GLK, different brands of mobile phones and charms,” EFCC added.

In other news, KanyiDaily had reported that the EFCC secured the conviction of a man identified as Aminu Ahmed, for defrauding people while impersonating former Vice President, Atiku Abubakar.

Aminu Ahmed was arraigned by EFCC for defrauding one Auwal Iliyasu by posing Atiku Abubakar.