Hundreds arrested in Nigerian fraud bust targeting victims globally
In a sweeping raid, Nigerian authorities arrested nearly 800 suspects linked to a sophisticated fraud operation targeting victims worldwide with false cryptocurrency schemes and romantic scams.

The fraudsters reportedly used social media platforms such as WhatsApp and Instagram to lure individuals with promises of romance or lucrative investment opportunities. Victims were then coerced into transferring funds for fake cryptocurrency ventures. Nigeria’s Economic and Financial Crimes Commission (EFCC) revealed that local accomplices were recruited to build trust with targets, before handing them over to foreign organisers to complete the scams.
The EFCC spokesperson stated that agents had seized phones, computers, and vehicles during the raid and were working with international partners to investigate links to organised crime. This operation highlights the growing use of sophisticated technology in transnational fraud, as well as Nigeria’s commitment to combating such criminal activities.