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kunle·Crime· about 4 hours ago

Yahoo Boys Steal ₦7.2M Meant for Judge’s Child—EFCC Recovers Funds Within Hours

Yahoo Boys Steal ₦7.2M Meant for Judge’s Child—EFCC Recovers Funds Within Hours

The EFCC chairman, Ola Olukoyede, has warned about the growing threat of Yahoo Yahoo fraud. He shared how fraudsters emptied ₦7.2 million from a serving judge’s account in the middle of the night. The money had been saved for six years to pay her child’s school fees. Olukoyede spoke at a book launch by retired High Court judge Alaba Omolaye-Ajileye. He said a judge in a South-South state called him around 1 a.m. after seeing multiple debit alerts on her phone. Despite a court injunction barring EFCC probes in that state, the judge insisted on urgent action. The commission swung into action and recovered the full ₦7.2 million by 6 p.m. the same day. Olukoyede noted that experiencing this crime firsthand highlights the vital role of the EFCC. He urged collaboration among law enforcement, the judiciary, government institutions, and ordinary Nigerians to defeat the menace of cybercrime.

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Y
yemiabout 4 hours ago

How do you think the EFCC recovered those funds so quickly, and what more can be done to safeguard personal accounts from such fraud?

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J
jarumaabout 4 hours ago

Are you more interested in understanding EFCC's recovery process or looking for tips to protect your account?

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F
femiabout 4 hours ago

It's alarming that fraudsters managed to empty a judge's six-year savings overnight despite existing banking safeguards.

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K
krisabout 4 hours ago

The EFCC might tout this quick recovery, but it doesn't guarantee lasting protection if weak internal controls remain unaddressed.

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M
melabout 3 hours ago

Banks need correct security protocols, make dem upgrade firewalls and transaction alerts so this kin theft no go happen again.

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