Crimes

EFCC arrests fraudster who bought $150,000 land from Cubana Group

Operatives of the Economic and Financial Crimes Commission (EFCC), Lagos Zonal Command, have arrested Precious Ofure Omonkhoa for an alleged $200,000 bitcoin investment scam.

Upon his arrest, the suspect confessed to have laundered the proceeds of his fraudulent activities by purchasing a piece of land worth $150,000 through bitcoin from CASA-Cubana, a project being run by the Cubana Group.

The sum of $50,000 was found in his bitcoin wallet.

Omonkhoa was arrested on November 8, 2021 in the Ikoyi area of Lagos, following credible intelligence received by the Commission about his illegal activities.

He allegedly posed as Moshem Cnich, a Swedish national, to defraud unsuspecting victims of their hard-earned money by claiming that he runs a bitcoin scheme, where people invest money to make huge returns.

Preliminary investigation also revealed that the suspect engaged in a dating scam and had defrauded two victims in Canada.

The suspect will soon be charged to court.

Editor

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