Bitcoin trader, four others nabbed over internet fraud

The Ibadan office of the Economic and Financial Crimes Commission (EFCC) has arrested a bitcoin trader for his alleged involvement in cybercrime, the EFCC’s spokesperson Wilson Uwujaren said in a statement made available to newsmen on Friday.
The bitcoin trader was arrested alongside four others.
The EFCC spokesperson said the suspects were picked up from two locations at Elebu area in Ibadan.
He said the suspects, whose ages ranged from 21 to 37, were arrested sequel to series of intelligence received by the commission on their alleged involvement in internet-related crimes.
Mr Uwujaren said the items recovered from the suspects include two cars, laptops, phones and some documents.
He said the suspects would be charged to court as soon as the investigation was completed.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

NationWide
Tinubu inherited bad roads, tackling infrastructure deficit headlong, says senatorÂ
The senator said that the administration had been reconstructing existing roads.

States
Police nab eight Gombe suspects over alleged robbery, internet fraud
Mr Abdullahi urged them to report suspicious activities to the security agencies.

NationWide
Non-implementation of master plan responsible for Coastal road flooding: Umahi
Mr Umahi thanked the contractor handling the Sokoto-Badagry Superhighway, Hitech Construction Company Ltd. for efficiency.

NationWide
D’Tigers beat Rwanda 106-62 in World Cup Qualifier
Mr Okoye said, “Going home 3-0 feels amazing, but the job is not done. Representing Nigeria means the world to me, and every opportunity to wear this jersey is a blessing.”

NationWide
Lagos deputy governor, APC state chairmen hail Tinubu’s visionary leadership
Mr Hamzat described Mr Tinubu as an inclusive leader who encouraged innovation and welcomed superior ideas irrespective of their source.

NationWide
2027: Pray for Nigeria, vote credible leaders, ex-Niger CAN chairman urges votersÂ
Mr Echioda urged eligible Nigerians to participate actively by voting for competent, God-fearing, and credible candidates with proven records of service.






