Nigeria arrests 792 Bitcoin fraud suspects$BNSOL $OG $XRP

EFCC officers have shut down a major fraudulent call center in Lagos and arrested 792 suspects, local media reported.

Among those arrested are 158 foreigners, including citizens of China, the Philippines, and Kazakhstan.

According to authorities, foreign handlers hired Nigerians to commit investment and romance scams. They lured victims from Europe, North and South America to the fake investment platform Yooto. The fee for activating an account on it was from $35.

The correspondence was conducted via WhatsApp, Instagram, and Telegram.

Law enforcement officers seized more than 500 SIM cards, computers, mobile phones, and vehicles.

The suspects have been remanded in custody pending the court hearing. Other details and the identities of the organizers of the scheme are not disclosed.#2024withBinance