EFCC) has reported a significant operation in which they apprehended 120 individ

The Economic and Financial Crimes Commission (EFCC) has reported a significant operation in which they apprehended 120 individuals, 95 males and 25 females, on suspicion of internet fraud in various parts of Lagos. The arrests were made on May 19, 2025, based on credible intelligence and comprehensive surveillance efforts that linked the suspects to cybercrime activities.

Among the assets confiscated from the accused are 26 high-end vehicles, various pieces of expensive jewelry, smartphones, laptops, and several documents that may serve as evidence of their illicit activities. The operation is part of the EFCC's ongoing commitment to combating internet fraud and other forms of cybercrime in the country.

The suspects are currently being subjected to thorough investigations and will be presented in court upon the completion of these processes. This action underscores the commission's dedication to maintaining the integrity of the financial system and ensuring that perpetrators of financial crimes are brought to justice.

The seizure of the luxury items is indicative of the often high-profile lifestyles that internet fraudsters in Nigeria are known to lead, funded by their ill-gotten gains from scams and other forms of cybercrime. The EFCC's intervention in this case serves as a deterrent and a clear message to others engaged in such activities that they are not beyond the reach of the law.

The public is reminded to remain vigilant and report any suspicious activities to the appropriate authorities. The fight against financial crimes requires collective effort and information sharing to effectively curb the menace and protect unsuspecting victims from falling prey to these scams.