EFCC raises alarm over new dimension of cybercrime in South East


Economic and Financial Crimes Commission (EFCC) has said it is worried by the ‘frightening’ dimension which cybercrime has assumed in the country especially the South East.

Head of EFCC South East zone, Usman Imam, told journalists on Friday that the cases of cybercrime, locally known as ‘Yahoo Yahoo’ had become alarming in the zone.

“From investigations so far made, it is unfortunate that some parents are not only aware of their children’s involvements but even abet such terrible crime.

“What is very worrisome is that most of the perpetrators of this crime are either students of institutions of higher learning, graduates, youth corps members or secondary school students learning from their elders,” Mr Imam said.

He wondered how a student would own a car worth about N10 million without legal evidence of the source of the money.

“I want to appeal to parents to take up their God-given responsibilities of monitoring their children or wards,” he said.

The EFCC chair also said the commission was currently investigating cases involving several ponzi schemes portrayed as cooperative or empowerment schemes.

Some of such organisations he identified are Perfect Ladies, Unstoppable Ladies, Christian Ladies, Unlimited Ladies, Raising Lives and Ever Better Association.

“The current fight against corruption has not only gained traction but also succeeded due to the Federal Government’s resolve to tackle the menace headlong,” he said.