EFCC nabs herbalists with fake $3.4m, €280,000 in Osun, Lagos

The operatives of the Economic and Financial Crimes Commission (EFCC) have arrested five herbalists with counterfeit foreign notes comprising $3,430,000 and €280,000 in Osun and Lagos States.

The EFCC, in a statement on Wednesday, disclosed that the herbalists were apprehended for allegedly swindling one Halima Sanni the sum of N26,550,000.

The anti-graft agency, said the herbalists ― Akingbola Omotayo, Adeola Funsho Ogunrinde, Yahaya Amodu, Kubratu Babalola Olaitan (female), and Familola Sunday Olaitan ―  were arrested on December 7 and 8, 2025, at their shrines in Osun and Lagos States, following a thorough surveillance and intelligence on their fraudulent activities.

The commission stated that an investigation revealed that the suspects were allegedly defrauding unsuspecting individuals of their earnings under the pretence of providing spiritual cleansing and solutions to different ailments.

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It added: “They also allegedly assured their victims of their powers to conjure several currency notes which must be cleaned up by a genie through spiritual sacrifice before spending the money.

“They did all these by hypnotising their victims to provide money for the sacrifice.”

The EFCC listed other items recovered from the herbalists to include two exotic cars and mobile phones.

The EFCC added that the suspects will be charged to court as soon upon the conclusion of investigations.

The Star