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BREAKING: Osondu Igwilo, Okafor Nnamdi, others arrested by EFCC for $100m fraud

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Osondu Igwilo has been nabbed by the Economic and Financial Crimes Commission (EFCC).

He was picked up at a studio in the Sangotedo area of Lagos.

Before their arrest, Igwilo and his accomplices had allegedly been involved in an advance-fee scheme that involved false promises of investment funding by individuals who impersonated some United States of America, USA, bank officials in person and via the internet

His arrest was confirmed in a statement on Monday by spokesman Wilson Uwujaren.

“Following their arrest, five houses located in choice areas of Lagos were recovered from Igwilo. The suspects will soon be charged to court,” Uwujaren said in the statement.

Arrested alongside Igwilo were Okafor Nnamdi Chris, Nwodu Uchenna Emmaunel and John Anazo Achukwu.

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