The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has revealed the most dangerous aspects of the Nigerian internet fraudsters known as ‘Yahoo-Yahoo boys’.
In an interview video released by the commission on Monday, Olukoyede disclosed that Yahoo boys are also into banditry, kidnapping, money laundering for politically exposed persons, and other nefarious criminal activities.
According to him, the commission’s campaign against Yahoo-Yahoo is not ending any sooner because it has become a nationwide crisis.
He said the menace of ‘Yahoo-Yahoo boyz’ is a national shame that some young Nigerians have placed on the country locally and internationally.
Citing the recent arrest of over 120 young Nigerians by operatives of the EFCC, Olukoyede lamented that youths no longer believe in hard work.
“Let me tell you the most dangerous aspects of it. It is not just about Yahoo-Yahoo. Nigerians should know this: these guys, some of them, are into banditry. We have proof and evidence. Some are into kidnapping. When they don’t see people to scam on time, they go into kidnapping. Some of them launder money for politically exposed persons”, he stated.
