Operatives of the Economic and Financial Crimes Commission (EFCC), Lagos Command, have arrested one Osondu Victor Igwilo, who had been on the watch list of the Federal Bureau of Investigation (FBI), since 2018.
According to the anti-graft agency, 43 year-old Igwilo, who is the alleged leader of a criminal network of “ catchers’’ was arrested on Thursday, alongside Okafor Nnamdi Chris, Nwodu Uchenna Emmaunel and John Anazo Achukwu at a studio in the Sangotedo area of Lagos for an alleged fraud, money laundering and identity theft to the tune of about $100m.
Before their arrest, Igwilo and his accomplices had allegedly been involved in an advance-fee scheme that involved false promises of investment funding by individuals who impersonated some United States of America, USA, bank officials in person and via the internet.
Investigation revealed that those who fell victims of the suspects’ criminal activities were asked to make certain payments before they could receive their funding.
It was also revealed that proceeds of the scheme were allegedly laundered through U.S. bank accounts and diverted back to the alleged perpetrators in Nigeria.
Consequently, Igwilo was placed on the FBI watch list, following a criminal complaint filed against him in the United States District Court, Houston, Texas in December 2016.
Following their arrest, five houses located in choice areas of Lagos were recovered from Igwilo.
Head, Media & Publicity, Wilson Uwujaren said in a release on Monday that the suspects will soon be charged to court.