The Economic and Financial Crimes Commission said it has traced over $300,000, laundered to a suspected internet fraudster.
A statement by Dele Oyewale, the spokesperson of the EFCC, said the suspect was among the 35 arrested on Sunday in Auchi, Edo State.
Oyewale in the statement on Tuesday said the arrest was sequel to credible intelligence that linked the suspect to fraudulent internet activities.
He said investigations had revealed that the suspect had collected and laundered over $300,000 for his syndicate members who were at large.
”Apart from internet fraud, EFCC’s investigations revealed that the suspect is equally involved in investment and banking fraud.
”He will be charged to court as soon as the investigation is concluded,” he said.
