EFCC raids Lagos auto shop allegedly linked to fraudsters

EFCC raids Lagos auto shop allegedly linked to fraudsters, recovers 29 exotic cars 

by  Eromosele Ebhomele

 - The Economic and Financial Crimes Commission (EFCC) says it has raided an auto shop in Lagos linked with alleged fraudsters 

- The anti-graft agency says it recovered 29 exotic cars after the raid - 

The agency says it arrested one of the syndicate members, Olusegun Micheal Adeyemi The Economic and Financial Crimes Commission (EFCC), Lagos office, on Tuesday, November 27, stormed the Astrax Auto Shop located in the state and seized a total of 29 exotic cars during a raid on the office of the car dealer. The EFCC said the raid followed intelligence report received by its men on the activities of the operators of the auto shop. According to a statement from the EFCC, the auto shop is said to be a syndicate of organized internet fraudsters. EFCC raids Lagos auto shop allegedly linked to fraudsters, recovers 29 exotic cars. Credit: EFCC “Investigation revealed that the syndicate, which specializes in Business Emails Compromise (BEC) in the United States of America (USA) usually moves proceeds of its alleged illicit business to a nominated bank account owned by their mules in the U.S. “The syndicate members allegedly launder the proceeds through money order, which they use to purchase cars in American auctions and ship same to Nigeria for sale. EFCC raids Lagos auto shop allegedly linked to fraudsters, recovers 29 exotic cars “The EFCC had earlier arrested one of the syndicate members, Olusegun Micheal Adeyemi,” the statement obtained by Legit.ng said. It added that in his statement to the EFCC, Adeyemi mentioned one Tayo Onilogbo Yusuf as the managing director of Astrax Autos and Automobile. 

The EFCC listed that cars recovered from the syndicate to include: four Toyota Corolla; seven Toyota Camry; two Toyota Highlander; two Toyota Venza; two Range Rover; one Ford SUV; three Mercedes Benz; one Toyota 4runner; one Toyota Sienna; four Honda Accord; one Toyota Sequoia and one Kia car. Legit.ng had reported recently how Pastor Cletus Chukwunweuba Ilongwo of the Pentecostal church, Power of the Holy Ghost Evangelical Ministry aka Tuesday Tuesday Church, was arrested by the EFCC and policemen. Ilongwo was arrested over allegations of scam made against him by some members of his church and Shoba community, Abule-Ado, Lagos state. Read more: https://www.legit.ng/1206362-efcc-raids-lagos-auto-shop-allegedly-linked-fraudsters-recovers-29-exotic-cars.html