Operatives of the Uyo Zonal Office of the Economic and Financial Crimes Commission, EFCC, have arrested four internet fraudsters in Calabar, Cross River State, following two seperate raids carried out in the early hours of Saturday, May 4, 2019 and Sunday, May 5, 2019.

A statement by the commission on Monday said the operation led to the arrest of a known “yahoo” kingpin, Akpojivi Joel Onoriode, a 29-year-old graduate of Delta State University, Abraka who is married with two kids.

Onoriode was arrested in his lavishly furnished duplex located at Plot 10, Block VI, Unical Satellite Town, Calabar, which he confessed was purchased with proceeds from his illicit “yahoo” business.

He confessed that he had been in the “yahoo-yahoo” business for a long time and was known as “Blinks” or “Mr White”.

He admitted that he has been in the “yahoo” business for a very long time and currently operates an offshore account in China.

He said: “I was really known in my school then as a yahoo boy. I have two kids. I didn’t want to bring them up where people will say, ah! your father is a yahoo boy. That was why I relocated my family from Asaba to Calabar.

“When I came out now and saw you people and the bus outside, my mind just told me there was a problem.”

The statement added that while conducting a search on the premises, three luxury cars were recovered from him – ZDX Acura car, E 300 Mercedes Benz and a Range Rover SUV.

“The Range Rover could, however, not be moved out of the premises with other exhibits due to mechanical problems. Other items recovered include, two iPhones, one Nokia phone, and documents of landed properties owned by the suspect.

“The morning raid on May 5, 2019 led to the arrest of Ifeanyi Chukwudi, Godwin Joseph and Iluobe Daniel.

“They were picked up at different locations within Calabar, following intelligence reports gathered by operatives of the Commission, as a result of the high rate of cybercrime in the town.

“Chukwudi confessed that he specialized in love scam, admitting that he had “made a lot of money from the business (yahoo-yahoo)”. The suspects are to be charged to court after investigation.