EFCC Parades Mompha For Internet Related Fraud And Money Laundering

The Economic and Financial Crimes Commission, EFCC has paraded internet celebrity Mompha over an alleged involvement in fraud.

In a statement released by the agency, the Dubai-based big boy has admitted to his involvement in some of the charges leveled against him.

Read the Official Statement by the anti-graft agency:

The EFCC, Lagos office, has arrested a renowned Social Media celebrity, Ismaila Mustapha popularly known as Mompha for an alleged involvement in internet related fraud and money laundering.

The suspect, a premium and first class customer of one of the popular international airlines, was arrested on Friday 18, October 2019 at the Nnamdi Azikiwe International Airport, Abuja on his way to Dubai Emirate following series of intelligence reports received by the Commission

According to the EFCC operatives, “actionable cross border intelligence received from collaborative law enforcement agencies about his alleged involvement in the criminal activities further strengthened our suspicion”.

Mompha

Ismaila who allegedly perpetrates his fraudulent activities under the guise of being a Bureau de Change operator is always seen with his little son flaunting huge amount of foreign currencies on his social medial platforms.

Investigations have also revealed that Ismaila is only using the BDC business, he jointly owned with his siblings, as a decoy to launder his proceeds of crime.

However, the suspect has volunteered useful information to the operatives and has admitted to be reasonably involved in the first two cases he was alleged to be involved.

However, the suspect has volunteered useful information to the operatives and has admitted to be reasonably involved in the first two cases he was alleged to be involved.

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