The Economic and Financial Crimes Commission (EFCC) arrested 16 young men suspected to be internet fraudster both in Lagos and Ogun State.
While five of the internet fraudsters were arrested in Ota, Ogun State, 11 others were arrested at Victoria Island in Lagos State.
Those arrested during the raid in Ota, Ogun State, were Adeshina Michael, Ayeni Emiloju, Odenigbo Anthony, Afolabi Gbenga and Oyibogbola David Seun.
Those arrested at Victoria Island in Lagos State were Onothebor Edmond, Suuru Blessing, Ifedapo Opeyemi, Samson Samuel, Oguntade Idowu, Emmanuel Akinyemi, Seyi Kazeem, Sulaiman Taoheed, Oduwale Oluwasesan, Adewoye Oluwasesan and Alex Abiodun.
The suspected internet fraudsters arrested in Ota were picked inside a building of six flats while those arrested in Victoria Island were picked up inside a two-wing duplex.
According to a statement by the anti-graft agency on Wednesday evening, their arrest followed intelligence received about their alleged involvement in duping foreigners of various sums of hard currencies.
The EFCC said in the statement that various items recovered from the suspects include different brands of cars allegedly acquired from the proceeds of fraudulent activities, while it added that they would be charged to court as soon as investigations are concluded.