Lekki is now the hotbed of Cybercrime, 402 Suspects Arrested In 3 Months – EFCC

The Financial and Monetary Crimes Fee EFCC has mentioned that Lekki, the fast-developing higher middle-class space of Lagos Metropolis, is rising as the brand new hub of internet-related fraud.

An announcement launched by the company says information from the investigation actions of the Lagos Command of the Financial and Monetary Crimes Fee, EFCC, for the second quarter of 2021, signifies that Lekki District is the popular location for all method of cyber fraud syndicates.

Between April and June, 2021, the Advance Price Fraud and Cyber Crime Sections of the Command recorded a complete of 402 internet-related fraud arrests. Whereas the Advance Price Fraud Part was answerable for 243 arrests, the Cyber Crime Part executed 18 sting operations which resulted in 159 arrests, from which 13 convictions have thus far been recorded.

Of the 159 suspects arrested by the Cyber Crime Part, 70 are from Lekki, comprising communities similar to Ajah, Badore, Victoria Backyard Metropolis, Sangotedo and Oniru.

Ajah accounted for twenty-four suspects, whereas Oniru and Sangotedo had 14 and 13 suspects respectively. Badore had 8 suspects. Neighbouring Ikoyi and Eko Atlantic had 2 and one suspect every. Ikorodu and Alagbado on the Lagos Mainland make up the rest.

In keeping with the company, the suspects are principally millennials, with 82 of them aged between 25-34 years, which ”speaks to the truth that many of the people arrested are both nonetheless in class, latest graduates or college dropouts”.

”Evaluation of the information from the Cyber Crime Part additional reveals that the dominant type of web crime is Courting Rip-off/On-line Courting Rip-off/Romance Rip-off. Sixty 4 % (64%) of people arrested are concerned in romance rip-off, adopted intently by “Center Man Rip-off” and “Choosing” which account for 8% and seven% respectively of these arrested.

The 64% concerned within the courting rip-off benefitted to the tune of N8, 310,000; $349,290 USD; £ 900; €10 and Cryptocurrency 0.17513.

Different typologies of fraud recognized embrace forgery, possession of fraudulent paperwork, spamming, bank card fraud, impersonation, rental rip-off, mortgage fraud, Enterprise Electronic mail Compromise, Hacking, stealing, cheque rip-off, phishing, and cash laundering.

The info additionally reveals present playing cards, at 39%, because the prevalent methodology employed by the suspects to entry their illicit funds. It’s adopted by financial institution transfers at 27% and Cryptocurrency at 21%”the assertion additional learn.