The Economic and Financial Crimes Commission (EFCC), Ibadan Zonal Office, has arrested five university students for alleged internet fraud valued at N16 million.
The Head, Public Affairs of EFCC, Ibadan Zonal Office, Mr Ayo Oyewole, confirmed the arrest in Ibadan on Monday.
Oyewole said the EFFC on its official facebook page listed the names of the suspects as Paul Adeleke, 21;Tayo Adebiyi,22; Olusola Adeniyi, 21; James Ogundile,23; and Okali Ugochukwu. 21.
He said that Adeleke and his co-travellers called “Tsunnami Gang and Young Pablo Money’’ allegedly swindled unsuspecting foreigners and others to the tune of N16 million.
Oyewole said that the suspects had engaged in fraudulent activities of obtaining money by false pretence through scam mails.
The public affairs officer said that the commission got the wind of their activities through series of intelligence.
He claimed that four of the suspects were from the Federal University of Technology, Akure (FUTA), and the other one was from Adekunle Ajasin University, Akungba- Akoko (AAUA).
“Adeleke is a 300 student of Building Technology, Ogundile and Adeniyi are both 400 level students of Agricultural Resources and Mathematics,respectively at FUTA.
“Ugochukwu is a 200 level student of Urban and Regional Planning at FUTA, while Adebiyi is a 300 level Student of Mathematics from AAUA all in Ondo State, ’’ he said.
Oyewole said the suspects were picked up at an off-campus residence.
He said the EFCC recovered three Apple iPhone 6, three blackberry phones, and several incriminating documents at the scene and from their laptops.
Also recovered was a black Toyota Highlander (2006) with registration number (Lagos) LND 112 EG, light- green Toyota Camry (2010) with registration number (Lagos) AAA 850 EF, he said.
Oyewole said the EFCC would arraign the suspects in court as soon as investigation was completed.