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Man Who Disguised As EFCC To Scam Yahoo Boys of N38m Caught, He was Using Money To Build 4-Bedroom House

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A Nigerian man with the name Ladeji Kelvin Babatunde allegedly impersonated the EFCC to get over N38m from internet fraudsters

To get the sum, he had to lie that he is an official of the agency and he wanted to protect them from arrest

Nigerians found the man's crime amusing as some people said the man had at some time in the past defrauded them

Officers of the Economic and Financial Crimes Commission (EFCC) have arrested a man, Ladeji Kelvin Babatunde, who reportedly impersonated the agency for his selfish interest .

In a press release by the commission on its official Instagram page, it revealed that Babatunde reportedly defrauded yahoo boys (internet fraudsters) of more than N38 million.

He 'invested' the money into building a house

They stated that he collected the money as a bribe from them as a way to save them from arrest by the commission.

People have since reacted to the photo of the man posted by the commission on its Instagram account.

It should be noted that EFCC also recovered an uncompleted 4-bedroom flat he was building with the proceed from him

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