Internet fraud: ‘Azaman’ with record $300,000 transactions arrested in Edo

….EFCC says the suspect was also involved in banking and investment fraud.

The Economic and Financial Crimes Commission, EFFC said a “picker” or “azaman” in internet fraud lingo who has collected and laundered over $300,000 (Three Hundred Thousand United States Dollars) for his syndicate members who are at large are among the internet fraud suspects arrested in Auchi, Edo State on Sunday.

Dele Oyewale, the spokesperson for the anti-graft agency said the suspects who are 35 in number were picked up on Sunday, May 4, 2025 in Sabo Iyako area of Auchi, Edo State by the Commission, following credible intelligence that linked them to fraudulent internet activities.

The anti-graft agency added that the suspect was also involved in banking and investment fraud.

However, EFCC did not reveal the name of the suspect.

“As a “picker” or “azaman” in internet fraud lingo, investigations revealed that the suspect has collected and laundered over $300,000 (Three Hundred Thousand United States Dollars) for his syndicate members who are at large. Apart from internet fraud, EFCC’s investigations revealed that the suspect is equally involved in investment and banking fraud.

“He will be charged to court as soon as investigation is concluded,” EFCC said in the statement released on Tuesday.