Breaking News
Translate

EFCC arrests Mompha with 5 wristwatches worth N20m

The Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, has arrested a social media celebrity, Ismaila Mustapha popularly known as Mompha for alleged involvement in internet-related fraud and money laundering.

Mompha, EFCC
Ismaila Mustapha ( a.k.a Mompha)

The suspect was arrested on Friday 18 October 2019 at the Nnamdi Azikiwe International Airport, Abuja on his way to Dubai, United Arab Emirate following series of actionable intelligence reports linking him to organised transnational cyber fraud and money laundering.

ALSO READ: EFCC nabs gang for impersonating the commission, ICPC

Ismaila allegedly perpetrates his fraudulent activities under the cover of being a Bureau de Change operator, to launder his proceeds of crime.

A statement by the Spokesman for the EFCC, Wilson Uwujaren, said that the suspect had volunteered useful information while an investigation continues.

Wilson said that at the point of arrest, five wristwatches with a total value of over twenty million naira (N20, 000, 000: 00) was recovered from him.

“The suspect will be charged to court as soon as investigation is concluded,” Uwujaren said.

Vanguard

All rights reserved. This material and any other digital content on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from VANGUARD NEWS.

Disclaimer

Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.