RENT YOUR PROPERTY TO FRAUDSTERS, FACE 15 YEARS IN PRISON – EFCC.

Written by on June 29, 2022

The Economic and Financial Crime Commission, EFCC says landlords whose houses are used by Cyber fraudsters popularly known as “Yahoo boys.” to run their illegal businesses will face 15 years jail term when apprehended.

The Commission made this known ahead of its next edition of the public conversation series tagged, “EFCCConnect,” which has been slated for 6 pm, Wednesday, June 29th, 2022 on Twitter Space.

The EFCC Chairman, Abdulrasheed Bawa, met with hotel owners in Ilorin, the Kwara State capital to sensitize the hospitality business community on how to work with the Commission to tame the tide of cyber crimes.

EFCC Zonal Commander, Michael Nzekwe expressed concern about what he described as the “cold complicity by hospitality entrepreneurs.” Accusing some of the hotel owners of working with suspected fraudsters by providing accommodations for them over a long period and making internet facilities available.

The official stated that the act negates Section 3 of the Advance Fee Fraud and Other Fraud Related Offenses Act, 2006.

The EFCC had repeatedly warned house owners and Estate agents against making their property available to Cyber fraudsters and criminals.

Editor: Paul Akhagbemhe


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