The Economic and Financial Crimes Commission (EFCC) has detained billionaire Hyginus Nkwocha for his alleged involvement in internet fraud and money laundering activities in Abuja.
In a statement released on Thursday, Dele Oyewale, spokesperson for the anti-corruption agency, stated that 35-year-old Nkwocha was apprehended at Ever-Green Estate in the Lugbe area of Abuja on Wednesday.
Oyewale reported that the arrest followed actionable intelligence indicating Nkwocha’s connection to internet-related crimes.
Items seized from the suspect included “$2,200 in cash, an iPhone 15 Pro Max, a Samsung Galaxy S24 Ultra, a Samsung Galaxy S21 Ultra, an iPhone 13 Pro Max, and a MacBook.”
“Other seized items comprise a gold chain and pendant, a gold bracelet, a gold neck chain, a Mercedes Benz ML 350, a Chevrolet Camaro, and a Mustang car,” he added.
“Additionally, properties confiscated are located at Cookies Court 2 in Ocean Palm Estate, Ajah, Lagos; Unit C8, Lugbe Airport Road, Abuja; and Cookies Court 2, 2nd Avenue, Ocean Palm Estate, Ogombo, Lagos State.”
The EFCC spokesperson mentioned that Nkwocha will be formally charged once investigations are completed.
In February, the EFCC apprehended 26 suspected fraudsters in Abuja.
Recovered items included a Toyota Tacoma, a CLS Mercedes 450, three Lexus vehicles, 40 phones, and seven laptops.
During the same period, the agency also detained 14 students from the Federal University of Technology Akure (FUTA) over suspected internet fraud.
