Osondu Victor Igwilo, a suspect wanted by the Federal Bureau of Investigation (FBI) since 2018, has been apprehended by the Economic and Financial Crimes Commission (EFCC).
Wilson Uwujaren, a spokesman for the EFCC, announced this in a statement on Monday, March 14.
Igwilo, 52, is the suspected leader of a criminal network of “catchers,” according to Uwujaren.
At a studio in Lagos’ Sangotedo neighbourhood, he was arrested 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 found that victims of the suspects’ illicit operations were required to make various payments before receiving funds,” the EFCC stated.
Proceeds were reportedly laundered via American bank accounts and sent to the alleged Nigerian criminals.
Following a criminal complaint filed against him in the United States District Court in Houston, Texas, in December 2016, Igwilo was placed on the FBI’s watch list.
“Following their arrest, Igwilo was found with five properties in prime districts of Lagos. The accused will be prosecuted in court very shortly.” Uwujaren threw in his two cents.