Operatives of the Economic and Financial Crime Commission, EFCC, Lagos Zonal command, have arrested a man for an alleged cryptocurrency fraud.
The man, identified as Omonkhoa, was arrested on November 8, 2021, in Ikoyi area of Lagos, for an alleged bitcoin investment scam, following credible informations recieved by the antigraft agency concerning his illegal activities.
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In a statement released by the EFCC, Omonkhoa allegely posed as Moshem Cnich, a Swedish national, to defraud unsuspecting victims by claiming he runs a bitcoin scheme which could generate huge profits for its investors.
”Preliminary investigation also revealed that the suspect engaged in a dating scam and had defrauded two victims in Canada.
Upon his arrest, the suspect confessed to have laundered the proceeds of his fraudulent activities by purchasing a piece of land worth $150,000USD (One Hundred and Fifty Thousand United States Dollars) through bitcoin from CASA-Cubana, a project being run by the Cubana Group.
Upon his arrest, the sum of $50,000USD was found in his bitcoin wallet.” the statement read
The suspect will soon be charged to court.
