The Sokoto Zonal Office of the Economic and Financial Crime Commission (EFCC), in collaboration with the FBI, recorded a breakthrough with the arrest of one Emmanuel Oluwatosin, who is on the wanted list of the FBI, on August 29, 2019.
The Zonal Head, Abdullahi Lawal while parading the suspect in Sokoto on Thursday, September 5, 2019, explained that the suspect Emmanuel Oluwatosin was arrested in Kaduna. Items recovered from the residence include two cars; Mercedes Benz E550, Mercedes Benz C450, an iPhone, laptops, modem and SIM cards
Lawal added that the suspect Emmanuel Oluwatosin and his accomplices both in Nigeria and overseas acquired retirement account information (RAI) and personally identifiable information (PII) of multiple persons which they fraudulently used to wire funds into newly created business bank accounts tied to the fraudulently created business. The proceeds were then converted into cryptocurrency.
He said the preliminary investigation had so far revealed that about N 1, 437, 889, 157.15 passed through the suspect’s accounts and the commission have also traced the sum of N 70, 000,000.00 he invested somewhere. Efforts are made, to recover the money.
In a related development, Lawal said the Commission has arrested a wanted suspect, Muzakkir Muhammad, through a sister agency, in connection with an alleged case of obtaining money under pretences and production of fake currencies.
He said the suspect was reported by one of his victims, Abdullahi Ibrahim after he had defrauded another victim, Samaila Sani, a Bureau de Change operator to the tune of $33,850.
“Meanwhile, the first complainant, Ibrahim alleged that Muzakkri Muhammad collected the sum of N2, 350,000 from him on the pretext of producing the $100,000 for him, which he has neither produced nor refunded the Naira equivalent given to him.
“However, a search was conducted at his house and several incriminating items which the suspect used in luring and defrauding his victims were recovered” he said.