Operatives of the Economic and Financial Crimes Commission (EFCC), Ibadan zonal office, on Wednesday, busted a Lagos hotel believed to be a hideout for internet fraudsters. It was gathered that the target of the raid was one Rasaq Balogun, a suspected internet fraud kingpin, whose alleged illicit activities dominated intelligence gathered from suspects recently arrested during a raid in Abeokuta, Ogun state.
According to a statement by the anti-graft agency’s spokesman, Wilson Uwujaren, Balogun harbours an army of young men recruited to carry out financial frauds through the use of the internet. He said some of the suspects were arrested at his Beckley Estate residence, also in Lagos State.
The raid on his hotel, Modzak Hotel, at Abule-Egba, Lagos State, sufficiently gave credence to the suspicion as a retinue of young men were caught harboured in his hotel with no specific mission. The suspected kingpin and 26 other young men ranging between the ages of 18 and 35 years were arrested at the scene. Some other were also arrested at his Beckley Estate residence, also in Lagos State.
They were all brought to the Commission’s Ibadan zonal office for further interrogation. Officers of the anti-graft agency also recovered three vehicles, fetish item, laptops, mobile phones and documents suspected to contain fraudulent data from the suspect. He added that the suspects would be charged to court as soon as investigations are concluded.