Abuja billionaire apprehended by EFCC for alleged involvement in internet fraud
The arrest of the Abuja-based billionaire, Hyginus Nkwocha, by the Economic and Financial Crimes Commission (EFCC) on charges of internet fraud and money laundering has been confirmed.
According to EFCC spokesperson Dele Oyewale, Nkwocha was taken into custody on Wednesday in the Ever Green Estate of Lugbe, Abuja.
The Commission recovered several items from the suspect, including $2,200 in cash, various high-end smartphones like iPhone 15 Pro Max, Samsung Galaxy S24 Ultra, Samsung Galaxy S21 Ultra, iPhone 13 Pro Max, and a MacBook. Additionally, they seized a gold chain, a gold bracelet, a gold neck chain, a Mercedes Benz ML 350, a Chevrolet Camaro, and a Mustang car.
Furthermore, the investigation also led to the discovery of properties owned by the suspect in Cookies Court 2 at Ocean Palm Estate in Ajah, Lagos; Unit C8 on Lugbe Airport Road, Abuja; and Cookies Court 2, 2nd Avenue at Ocean Palm Estate, Ogombo, Lagos State.
The EFCC affirmed that investigations are ongoing, and once completed, the suspect will be brought to justice and face legal charges.