There may be cause for alarm in Ibadan, Oyo State as the Economic and Financial Crimes Commission, on Wednesday, said it arrested arrested 29 men suspected to be involved Yahoo fraud.
This is coming after a series of arrests earlier made.
Although Internet fraud is a national and international crisis, some stakeholders may worry that more people in the zone are getting prone to the crime.
A statement from the EFCC said the suspects were arrested at Akoto Estate, Elebu area in Ibadan during an early morning raid carried out by operatives of the Commission.
Preliminary investigation was found to be credible, leading to the sting operation. Among the items recovered from the suspects are eight exotic cars, many costly phones and laptops, as well as documents suspected to be used for their illicit dealings.
Another 29 Yahoo boys arrested in Ibadan?

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