The operatives of the Economic and Financial Crimes Commission (EFCC) have arrested a teenager, Iredia Endurance, for alleged fraud.
Endurance was recently arrested by the EFCC operatives in Benin, the Edo State capital, sequel to a petition by a British citizen, Chrstine Brown, alleging that the suspect defrauded her of £450,000.
The anti-graft agency, in a statement on Tuesday, said the suspect, upon his arrest, confessed that he received £250,000 from the complainant in Bitcoin, FedEx, and gift cards.
READ ALSO: CBN limits cash withdrawals to N100,000 weekly
On what he did with the money, the suspect said they were expanded on cars, gold chains, and landed properties, among others.
Some of the items recovered from the suspect include mobile phones, laptops, sim cards and landed property.
The EFCC stated that Endurance would be charged to court as soon as investigations are concluded.
