The Financial and Monetary Crimes Fee, EFCC, Lagos workplace, at this time November 27th, seized a complete of 29 unique vehicles throughout a raid on the workplace of a Lagos-based automobile supplier, Astrax Auto Store.
In keeping with a press release launched by the company, the raid adopted intelligence report obtained by the Fee on the actions of the operators of the auto store, who’re stated to be a syndicate of organized Web fraudsters.
Investigation revealed that the syndicate, which makes a speciality of Enterprise Emails Compromise, BEC, in the USA of America, USA, often strikes proceeds of its alleged illicit enterprise to a nominated checking account owned by their mules within the U.S.
The syndicate members allegedly launder the proceeds by way of cash order, which they use to buy vehicles in American auctions and ship identical to Nigeria on the market.
The EFCC had earlier arrested one of many syndicate members, Olusegun Micheal Adeyemi.
In his assertion to the EFCC, Adeyemi confirmed one Tayo Onilogbo Yusuf because the Managing Director of Astrax Autos and Automobile.
The vehicles recovered from the syndicate embody: 4 Toyota Corolla; seven Toyota Camry; two Toyota Highlander; two Toyota Venza; two Vary Rover; one Ford SUV; three Mercedes Benz; one Toyota 4runner; one Toyota Sienna; 4 Honda Accord; one Toyota Sequoia and one Kia automobile.