EFCC Arrest of 792 Crypto Fraud Suspects in Lagos

EFCC Arrest 792 Crypto Fraud Suspects in Lagos

EFCC Arrest 792 Crypto Fraud Suspects in Lagos

The Economic and Financial Crimes Commission (EFCC) has achieved its biggest single-day arrest, detaining 792 people over suspected cryptocurrency fraud in Lagos.

EFCC spokesperson, Wilson Uwujaren, spoke at a press conference on Monday, where he confirmed the arrest. According to him, the operation happened at a seven-storey building located in Victoria Island, Lagos.

The suspects include individuals from different countries. Uwujaren said among those arrested were 114 Chinese nationals, 40 Filipinos, two Khazartans, one Pakistani, and one Indonesian.

“This is one of the largest crackdowns in our fight against financial crimes,” Uwujaren said.

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