EFCC Arrests FBI Most Wanted Osondu Igwilo, others for $100m fraud
Osondu Victor Igwilo, a suspect wanted by the Federal Bureau of Investigation (FBI) since 2018, has been nabbed by the Economic and Financial Crimes Commission (EFCC).
Igwilo, 52, is the suspected head of a criminal network of “catchers,” according to a statement released by spokesperson Wilson Uwujaren on Monday.
At a studio in Lagos’ Sangotedo neighborhood, he was apprehended with Okafor Nnamdi Chris, Nwodu Uchenna Emmanuel, and John Anazo Achukwu.
They’ve been charged with $100 million in fraud, money laundering, and identity theft.
The individuals are accused of perpetrating a fraud involving bogus investment financing offers and impersonating US bank employees in person and over the internet.
“Investigation revealed that those who fell victims of the suspects’ criminal activities were asked to make certain payments before they could receive their funding”, EFCC noted.
Proceeds were reportedly laundered via American bank accounts and sent to the alleged Nigerian criminals.
After a criminal legal complaint against him in the United States District Court in Houston, Texas, in December 2016, Igwilo was listed on the FBI’s most wanted list.
“Following their arrest, five houses located in choice areas of Lagos were recovered from Igwilo. The suspects will soon be charged to court.” Uwujaren added