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Nigeria: EFCC arrests 792 in cryptocurrency and romance scam operation

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The Economic and Financial Crimes Commission (EFCC) of Nigeria has arrested 792 individuals in a significant crackdown on a syndicate involved in cryptocurrency investment fraud and romance scams.

The raid, conducted on December 10, 2024, targeted a seven-story building known as the Big Leaf Building, located on Oyin Jolayemi Street in Victoria Island, Lagos.

This operation highlights the EFCC’s commitment to tackling cybercrime and fraudulent activities that exploit victims both locally and internationally. Investigations are ongoing, and the EFCC has promised to prosecute those found culpable.

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Nigeria: EFCC arrests 792 in cryptocurrency and romance scam operation

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