The Economic and Financial Crimes Commission (EFCC) has arrested one Precious Ofure Omonkhoa for an alleged $200,000 bitcoin investment scam in Ikoyi area of Lagos State.
EFCC’s Head of Media, Wilson Uwujaren, who disclosed this in a statement on Friday, said Precious was apprehended following credible intelligence about his illegal activities.
According to him, Precious claimed that he ran a bitcoin scheme where people invest money to make huge returns, but investigations revealed that he (suspect) allegedly posed as a Swedish national, Moshem Cnich, to defraud unsuspecting victims.
Uwujaren stated that preliminary investigation revealed that Precious engaged in a dating scam and had defrauded two unsuspecting victims in Canada.
He said, “The suspect confessed to have laundered the proceeds of his fraudulent activities by purchasing a piece of land worth $150,000 through bitcoin from CASA-Cubana, a project being run by the Cubana Group.”
Uwujaren further revealed that upon his arrest, $50,000 was found in Precious’ bitcoin wallet, adding that he will soon be charged to court.
Cubana Group is owned by popular socialite, Obinna Iyiegbu better known as Obi Cubana, who regained his freedom last week after spending three days in EFCC custody.
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