EFCC Arrests ‘Yahoo Corps Member’ In Fraud Since 2016, Two Others, Recovers 2 Houses, 3 Cars, Others

A serving corps member, Adetuberu Christopher Adetoyese and two others are currently cooling their heels in the custody of the Ilorin zonal command of the Economic and Financial Crimes Commission (EFCC).

The other two are Muhammed Soliu from Woru, Ilorin East local Government Area, Kwara State and Olayiwola Tunde Saheed, an aluminum fabricator from Olorunda, Oshogbo Local Government Area of Osun State.

The trio was arrested in separate operations carried out by operatives of zonal command of the EFCC over offences bordering on cyber-fraud.

This was disclosed in a statement issued on Thursday by EFCC Spokesman, Wilson Uwujaren.

The statement said the corps member, Adetoyese, 28, hails from Ilesha, Ilesha West Local Government Area of Osun State and currently serving in Ogbomosho, Oyo State, was arrested at Ogele area of Eyenkorin, Ilorin.

According to the statement, the suspect’s arrest followed credible intelligence on the activities of fraudsters otherwise known as “Yahoo-Yahoo Boys” within Ilorin metropolis and its environs.

It further said items recovered from Adetoyese at the point of arrest include a Lexus Car with registration number RBC 126 BJ, Laptop, iPhone 11 Pro Max and Samsung S9 Plus.

“In the course of investigation, Adetuberu Adetoyese revealed that he ventured into ‘Yahoo Yahoo Business’ in 2016 and had among other things built a house and sponsored himself in school with the proceeds of the illegal activities,” the statement reads briefly.

The statement also said upon interrogation of the two other suspects, Muhammed, 25, confessed that he joined ‘Yahoo-Yahoo business’ in 2020 and specialized in dating/love scam.

“According to him, he had bought a Toyota Camry car with registration number KSF 846 HG worth N2.7million and built a house with the proceeds of the illegal activities,” the statement added.

“In the same token, Olayiwola, 30, who claimed to be a ’Loader’ in the ‘Yahoo-Yahoo business’ confessed to have bought a Toyota Camry car worth over N2million with the proceeds of the alleged crime.

“The suspects will be charged to court upon conclusion of the ongoing investigations.”