The Economic and Financial Crimes Commission (EFCC) raided a suspected scam hub in Victoria Island, Lagos, arresting 792 individuals. Among them were 148 Chinese and 40 Filipino nationals, marking a significant international fraud operation.
Authorities seized 500 SIM cards and computers used in deceptive tactics. Local operatives impersonated foreign women, enticing victims into investing in fake cryptocurrency schemes, promising returns after initial fees starting at 35 USD.