The Economic and Financial Crimes Commission has recovered a sum of $49,000 (about N17m) and five exotic cars from the mansion of a suspected Internet fraudster (popularly known as Yahoo boy), Tomilola Owootomo.
According Tony Orilade EFCC Acting spokesman,vehicles recovered are two Bugatti cars, a Mercedes Benz GLK, a Mercedes Benz car and a Porshe, while the house, a duplex, was valued at N300m
However, Owootomo, 22, evaded arrest.
Owootomo was one of the seven suspects whose locations were raided by the operatives on Wednesday.
Six other suspects – Chemezie Ezeife, John Onwochei, Joel Onwochei, Marvin Nwankwo, Prince Ojenike, and Jude Olatekobowale – were arrested.
Items allegedly recovered from Ezeife included a Mercedes Benz C300, a Toyota Camry and a Lexus Jeep, four laptop computers, a passport, several wrist watches, two iPhones, blackberry phones, and a Samsung phone.
Several suspicious emails were also said to have been traced to his account.
Orilade said, “Investigation into the activities of another syndicate traced to the Nova Estate in Apo, led to the arrest of two brothers, Joel and John. John, the younger brother, confessed that he got involved in Internet fraud as a student. He successfully defrauded one Miss Lynese from Zambia, using Facebook, in the guise that he was one Carlos Gomes, a British citizen. Joel confessed that his brother initiated him into love scam.
“Items found in his possession were iPhone 6 and iPhone 7. He also confessed to having a landed property in Benin, Edo State, all of which he acquired with the money he made from Internet fraud.
Two laptop computers, a white Range Rover Sport, white Mercedes Benz E350, and a grey Toyota Camry were recovered from him