Five Undergraduates In N16 Million Internet Fraud


With the current economic situation in Nigeria, even undergraduates are not smiling. The Economic and Financial Crimes Commission (EFCC), Ibadan Zonal Office, recently arrested five university students for alleged internet fraud valued at N16 million.

The fraudsters are between the ages of 31 and 24 and EFCC listed their names on its official Facebook page. The suspects are Paul Adeleke, 21; Tayo Adebiyi, 22; Olusola Adeniyi, 21; James Ogundile, 23; and Okali Ugochukwu, 21.

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The statement said that Adeleke and his co-travellers called “Tsunami Gang and Young Pablo Money” allegedly scammed unsuspecting foreigners and others and took the sum of N16 million from them.

The statement also stated that the suspects had engaged in fraudulent activities of obtaining money by false pretence through scam mails. The EFFC got hold of the situation and their activities through series of intelligence. Four of the suspects were from the Federal University of Technology, Akure (FUTA), and the other one was from Adekunle Ajasin University, Akungba- Akoko (AAUA).

“Adeleke is a 300 student of Building Technology, Ogundile and Adeniyi are both 400 level students of Agricultural Resources and Mathematics, respectively at FUTA. Ugochukwu is a 200 level student of Urban and Regional Planning at FUTA, while Adebiyi is a 300 level Student of Mathematics from AAUA all in Ondo State,” the statement read.

The suspects were picked up at an off-campus residence. The EFCC recovered three Apple iPhone 6, three blackberry phones, and several incriminating documents at the scene and from their laptops. Also recovered was a black Toyota Highlander (2006) with registration number (Lagos) LND 112 EG, light- green Toyota Camry (2010) with registration number (Lagos) AAA 850 EF.

Read Also: Nigerian Fraudster Sentenced To Prison In The UK

According to the EFCC the suspects would be arraigned as soon as the investigations are completed. Here are the fraudulent undergraduates.

Undergraduates Fraud
Undergraduates Fraud

See Also: 25-Year Old Gets 24 Years Jail Term Over N25m Internet Scam

Undergraduates Fraud

Undergraduates Fraud

Undergraduates Fraud