The Economic and Financial Crimes Commission (EFCC) has arrested 14 undergraduates of the Federal University of Technology, Akure (FUTA), Ondo State over alleged Internet fraud.
The EFCC Spokesman, Dele Oyewale, confirmed the arrest in a statement on Wednesday.
According to him, they were arrested alongside 19 others in the early hours of Wednesday, over suspected internet crimes.
Cars recovered from the suspected yahoo boys
“The suspects were arrested at different residential locations within Akure metropolis following intelligence on their alleged nefarious activities.
“Specifically, the sting operation that yielded their arrest was a response to strident calls to the EFCC by neighbours and parents around the locations, to save their children from being lured into internet-related activities by the suspects.
“Items recovered at the point of arrest include ten exotic cars, phones, laptops and one motor bike.
“The suspects would be charged to court as soon as investigations are concluded,” he said.