Operatives of the Economic and Financial Crimes Commission (EFCC), Ibadan Zonal Office, have arrested eight suspected internet fraudsters at the Elebu-Oja area of Ibadan, Oyo State.
A statement from the EFCC said the suspects include: Ojo Ayobami, Dayo Adedokun, Ojo Ayotunde, Ibidapo Ileriayo, Ibidapo Kolade, Adeniyi Gbenga, Aluko Idowu and Adeusi Olatunji.
The Yahoo Boys were rounded up on February 8, 2019, following action on a series of intelligence reports.
The suspects were alleged to be involved in fraudulent activities ranging from love scam and other forms of internet fraud, through which they obtain money from unsuspecting victims.
Three different models of exotic cars, laptop computers, telephones, international passports and several incriminating documents were recovered from them.
The anti-graft agency noted that the suspects will soon be charged to court.
According to the EFCC, the action on the Yahoo Boys took place after a tip-off and surveillance carried out around Agric Estate, Ilorin, Kwara State.
The suspects, who were rounded up at about 11 pm on February 4, 2019, include, Oluyomi Kadri, Adeseye Ogundele, Olasoji Alabi, Abdullahi Saliu, Abdullahi Ibrahim and Abolarin Kayode.
Also arrested during the raid were five ladies, Momoh Aminat, Momoh Nimota, Kelvin Blessing, Sunday Ruth and Oyinlola Awokunle.
Among items recovered from them were land purchase documents, three exotic cars, laptops, internet modem, mobile phones and ATM cards.
Some of them have already confessed to their involvement in various forms of internet fraud.
Concise News, however, learned that they will be charged to court as soon as investigations are concluded.