Economic and Financial Crimes Commission (EFCC) said it had arrested 94 suspected internet fraudsters otherwise called Yahoo Boys at a party in Osogbo, Osun State.
It said the arrest followed a raid by operatives of its Osogbo zonal office yesterday.
Also, the anti-graft agency said 19 exotic cars, laptops and other items were recovered during the dawn operation.
The Head of Media and Publicity of the EFCC, Mr. Wilson Uwujarem, who made the disclosure in a statement yesterday, said the suspects were undergoing interrogation and that those indicted would face prosecution.
He said: “Operatives of the Economic and Financial Crimes Commission, EFCC, Ibadan zonal office, on Monday, October 14, 2019, raided an Osogbo-based nightclub notorious for hosting parties for suspected internet fraudsters.
“The raid led to the arrest of 94 suspects and confiscation of 19 exotic cars, laptops, scores of sophisticated mobile phones and other items.
“Popularly known as ‘Club Secret Underground,’ the nightclub is located on the Ibadan-Iwo Expressway, Osun State capital.”
Uwujarem noted that the operation was a product of an intelligence report that suspected Yahoo Boys had concluded plans to hold a night party at the club.
He said: “The wee-hour operation was sequel to an intelligence report hinting that the suspected internet fraudsters were organising a night party for Sunday, October 13 during which some of them intended to celebrate their loots.
“A discreet operation on the club had earlier been carried out to ascertain the authenticity of the intelligence.
“The confirmation led to the mega raid effected on Monday.
“The suspects are currently undergoing further interrogation, and those indicted would be charged to court as soon as investigations are concluded.”