Close Menu
Cryprovideos
    What's Hot

    CoinDesk 20 Efficiency Replace: Stellar (XLM) Surges 12.3%, Main Index Larger

    August 10, 2025

    Central Financial institution of Brazil Accelerates Drex Rollout, Strikes Away from Blockchain

    August 10, 2025

    Ethereum Value Prediction: 2 ETH Tokens That May Explode 5,000%+ When ETH Breaks ATH ‣ BlockNews

    August 10, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Bitcoin»Nigerian Authorities Arrest International Nationals in Crypto Fraud Operation | Stay Bitcoin Information
    Nigerian Authorities Arrest International Nationals in Crypto Fraud Operation | Stay Bitcoin Information
    Bitcoin

    Nigerian Authorities Arrest International Nationals in Crypto Fraud Operation | Stay Bitcoin Information

    By Crypto EditorDecember 19, 2024No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


     EFCC arrests 792 people, together with overseas nationals, for involvement in cryptocurrency romance scams. Main crackdown on crypto fraud.

    Nigeria’s Financial and Monetary Crimes Fee (EFCC) arrested 792 folks concerned in cryptocurrency romance scams. The arrests occurred on December 10, 2024, on the Massive Leaf Constructing in Victoria Island, Lagos. Among the many arrested folks had been 148 Chinese language, 40 Filipinos, and different foreigners.

    This operation was performed underneath info offered to the EFCC. The suspects had been charged with crimes of cryptocurrency fraud and romance scams. The Massive Leaf Constructing which seemed like an workplace of some massive firm was additionally utilized in coaching some Nigerian helpers. It was operated by foreigners who took up Nigerian personalities of their dealings.

    EFCC spokesperson, Commander CEWilson Uwujaren said that computer systems’ had been discovered on each flooring together with excessive finish ones. Police additional discovered fifty SIM playing cards bought for illegal use. The overseas suspects employed Nigerians to assist them in phishing scams involving victims from nations such because the U.S., Canada, and Mexico.

    EFCC Dismantles Worldwide Crypto Fraud Community in Lagos

    Nigerian accomplices had been instructed to make faux identities on social media platforms and work together with victims via WhatsApp, Instagram, Telegram and others. They persuaded victims to make an funding in a non-existent program at www.yooto.com. To start with, the victims had been anticipated to pay $35 USD as activation charge.

    The EFCC stated that the Nigerian recruits had been chosen for his or her laptop experience. To make the rip-off, they had been supplied with desktop computer systems and telephones. Following a two-week induction, they skilled to painting some worldwide girls within the romance fraud. After the victims have fallen for the rip-off, different overseas leaders take over and deny the Nigerian conspirators entry.

    The EFCC Chairman, Olukoyede, said that Nigerian recruits wanted to be made conscious of the actual house owners of the faux firm. They weren’t signed on authorized papers or paid via firm cheques. Nevertheless, they obtained their wages in money or via their financial institution accounts, because the case could also be.

    At the moment, the EFCC is collaborating with its counterparts in different nations to find out the magnitude of the rip-off. They’re additionally making an attempt to determine connections with worldwide legal organizations. As well as, Olukoyede famous that these crimes are being perpetrated via using the Nigerian picture by foreigners.

    Lastly, the raid led to confiscation of computer systems, telephones, and vehicles. The suspects will probably be charged as soon as police conduct their investigations. In the end, this operation marks a big step in tackling cryptocurrency fraud in Nigeria.

     



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Crypto Costs Prediction: Will Ethereum Outperform Bitcoin Worth In August?

    August 10, 2025

    Bitcoin Is Nonetheless King Of Capital Inflows, In accordance To Michael Saylor

    August 10, 2025

    Bitcoin Value (BTC) Evaluation: Report Gold Costs May Bode Nicely

    August 10, 2025

    Finest Low-Cap Crypto Tasks for August 2025: LYNO and Different Early Gems Underneath $0.10 to Watch Now

    August 10, 2025
    Latest Posts

    Crypto Costs Prediction: Will Ethereum Outperform Bitcoin Worth In August?

    August 10, 2025

    Bitcoin Is Nonetheless King Of Capital Inflows, In accordance To Michael Saylor

    August 10, 2025

    Bitcoin Value (BTC) Evaluation: Report Gold Costs May Bode Nicely

    August 10, 2025

    XRP Dominance Narrative Positive aspects Momentum as Analysts See Bitcoin, Ethereum Decoupling

    August 10, 2025

    Bitcoin Asia 2025 Brings Museum-Scale Artwork Exhibition to Hong Kong

    August 10, 2025

    Acacia Unveils Bitcoin-Backed Mortgage Program with New Companions

    August 10, 2025

    Binance Companions with BBVA for Crypto Custody: Greatest Bitcoin Pockets Choices

    August 10, 2025

    Bitcoin Strikes Into $12 Trillion Sector: Why BTC In 401Ks Is A Huge Deal

    August 10, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Koma Inu Worth Prediction: KOMA Soars 105% On Binance Futures Itemizing – Will Wall Road Pepe Be Subsequent?

    December 11, 2024

    Crypto Platform Suffers $12 Million Exploit Throughout A number of Blockchain Networks

    July 25, 2025

    Asia holds crypto liquidity, however US Treasurys will unlock institutional funds

    April 12, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.