The Economic and Financial Crimes Commission (EFCC), Ibadan zonal office, on Wednesday, December 4, 2019, busted a Lagos hotel believed to be a hideout for internet fraudsters.
According to a statement by the anti-graft agency’s spokesman, Wilson Uwujaren, the target of the raid was one Rasaq Balogun, a suspected internet fraud kingpin, whose illicit activities dominated intelligence gathered from the recently arrested ‘police spies’ during a raid on their Abeokuta base.
EFCC investigations revealed that Balogun harbors an army of young men recruited to carry out financial frauds through the use of the internet. Uwujaren said:
“The raid on his hotel, Modzak Hotel, at Abule-Egba, Lagos State, sufficiently gave credence to the suspicion as a retinue of young men were caught harbored in his hotel with no specific mission.
“The suspected kingpin and 26 other young men ranging between the ages of 18 and 35 years were arrested at the scene.”
Other suspects were also arrested at his Beckley Estate residence, Lagos from where they were all moved to the Commission’s Ibadan zonal office for further interrogation.
Officer of the anti-graft agency also recovered three vehicles, fetish items, laptops, mobile phones and documents suspected to contain fraudulent data from the suspect.
The indicted will be charged to court as soon as investigations are concluded.