Nigeria’s Economic and Financial Crimes Commission (EFCC) has announced that it had busted a school for hopeful cybercriminals in the state of Akwa Ibom.
Taking to its Twitter account, the EFCC said the arrests and closing down of the building that housed the “Yahoo School” were made possible thanks to the Commission’s operatives in Abuja.
The arrested men allegedly used the building solely for the training of youngsters in various aspects of cyber criminality.
During the raid on Essien Essien Street, Ikot Ibiok village in Eket Local Government Area of Akwa Ibom State, 23 suspects including the operators and trainees were arrested.
The suspects were between the ages of 19 and 35. They have confessed that they were undergoing training in various aspects of cyber criminality such as scams on romance, online trading scams, identity theft among others.
Last month, Nigerian authorities began investigations into a convicted fraudster who allegedly managed to run one of the country’s most successful internet fraud scams, but from behind bars.
Hope Olusegun Aroke, aka H-Money, is said to have coordinated schemes by a “network of accomplices” from the Kirikiri Maximum Security Prisons in Lagos.