EFCC nabs five herbalists over multimillion-naira fraud, fake foreign currencies
The Economic and Financial Crimes Commission (EFCC) has nabbed five herbalists for allegedly defrauding one of their victims of N26,550,000, and being in possession of fake $3.4 million, €280,000 notes.
The EFCC, in a statement on Wednesday, said its Ibadan Zonal Directorate nabbed the herbalists who engage in defrauding victims of their monies in exchange for providing fake spiritual cleansing and solutions to ailments.
The anti-graft agency said, “Operatives of the Ibadan Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, have uncovered huge counterfeit foreign notes to the tune of $3,430, 000 (Three Million, Four Hundred and Thirty Thousand United States Dollars) and €280, 000 (Two Hundred and Eighty Thousand Euros) in possession of a five-member syndicate arrested for allegedly swindling one Halima Sanni the sum of N26, 550, 000 (Twenty-Six Million, Five Hundred and Fifty Thousand Naira).”
According to the commission, the herbalists, Akingbola Omotayo, Adeola Funsho Ogunrinde, Yahaya Amodu, Kubratu Babalola Olaitan and Familola Sunday Olaitan, were nabbed on December 7 and 8, 2025, at their shrines in Osun and Lagos states, following a thorough surveillance and intelligence on their fraudulent activities.
According to the statement, investigation revealed that the suspects were allegedly defrauding unsuspecting individuals of their legitimate earnings under the pretence of providing spiritual cleansing and solutions to different ailments.
“They also allegedly assured their victims of their powers to conjure several currency notes which must be cleaned up by a genie through spiritual sacrifice before spending the money. They did all these by hypnotizing their victims to provide money for the sacrifice,” the statement added.
Stating that two exotic cars and mobile phones were recovered from the nabbed herbalists, the EFCC said the suspects will be charged to court after investigations are concluded.
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.”
Lagos
Lagos lawmaker empowers 60 Apapa residents with fish farming equipment
Mr Adedayo said the initiative was designed to create sustainable livelihoods, enhance food security and improve residents’ economic well-being.
Health
Health experts urge pet vaccination as rabies outbreak claims two lives in FCT
The experts said rabies is entirely preventable through routine animal vaccination and prompt medical treatment after exposure.
States
Police nab suspected armed robber in Oyo, recover stolen motorcycle
The suspect, identified as Shafiu Nuhu, allegedly attacked a commercial motorcyclist with a hammer before fleeing with the victim’s motorcycle.
Economy
Group seeks consumer representation in electricity act committee
“The committee members were drawn from the electricity supply and demand industry, while consumers, who are the key stakeholders on the demand side, were clearly excluded,” he said.
Heading 1
Two U.S. soldiers killed, four injured in Iran attack on Jordan
Two American soldiers were killed as U.S. and allied forces intercepted Iranian ballistic missiles and drones during an attack.
World
Turkey, Egypt deny access to LGBTQ cruise ship
Turkey denied the cruise ship permission to dock over what Ankara described as moral values inconsistent with the Muslim nation’s practices.
