EFCC nabs YahooYahoo Academy owner, and 16 ‘trainees’ with charms in Abuja estate


Operatives of the Abuja Zonal Command of the Economic and Financial Crimes Commission have arrested one Afolabi Samad, owner of a Yahoo Yahoo Academy in Abuja.

The 24-year-old was arrested in a sting operation on Thursday alongside 16 of his students.

The youngsters between the ages of 18 and 27 years, were arrested at their hideout located in Peace Court Estate, Lokogoma, a suburb of Abuja.

The owner of the alleged ‘Academy’ reportedly rented the 3-bedroom flat for N3 million to impact the tricks of cyber-frauds on his apprentices for undisclosed fees.

Item recovered from the suspects include laptops, phones, charms and two vehicles: a Lexus RX350 and Toyota Highlander.

A statement by EFCC spokesman Wilson Uwujaren said suspects would be charged to court as soon as investigations are concluded.