Four internet fraudsters in Calabar, Cross River State, have been arrested by operatives of the Uyo Zonal Office of the Economic and Financial Crimes Commission, reports say.
According to the reports, the fraudsters were arrested after two separate raids were carried out in the early hours of Saturday, May 4, and Sunday, May 5, 2019.
The raid on Saturday morning led to the arrest of a 29-year-old graduate of Delta State University, Abraka, Akpojivi Joel Onoriode, who is a known "yahoo" kingpin.
Onoriode, who is now married with two kids, was arrested in his lavishly furnished duplex located at Plot 10, Block VI, Unical Satellite Town, Calabar.
The suspect, after his arrest, confessed the property was purchased with proceeds from his illicit “yahoo” business.
Onoriode revealed that he had been in the game from his school days and was known as “Blinks” or “Mr. White”. He currently operates an offshore account in China.
He said, “I was really known in my school then as a yahoo boy. I have two kids. I didn’t want to bring them up where people will say, ah! your father is a yahoo boy. That was why I relocated my family from Asaba to Calabar.
“When I came out now and saw you people and the bus outside, my mind just told me there was a problem.”
A search was conducted on the premises, and three luxury cars – ZDX Acura car, E 300 Mercedes Benz and a Range Rover SUV - were recovered from him.
Documents of landed properties owned by the suspect, as well as two iPhones and one Nokia phone were also recovered.
On Sunday, May 5, 2019, another raid at different locations within Calabar led to the arrest of Ifeanyi Chukwudi, Godwin Joseph and Iluobe Daniel following intelligence reports gathered by operatives of the commission.
One of the suspects, Ifeanyi Chukwudi, confessed that he specialized in love scam and admitted to having “made a lot of money from the business (yahoo-yahoo)”.