Wasiu was arrested by operatives of the Nigeria Security and Civil Defence Corps (NSCDC) following a petition by Ezekulie Stanley Chukwuamuanya, a BDC operator who alleged that the suspect defrauded him of $5,000.
Operatives of the Enugu Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) have commenced investigations into the activities of a 38-year-old man, Raheem Abiodun Wasiu, over an alleged $12,000 fraud involving Bureau de Change (BDC) operators in the South-East.
Wasiu was arrested by operatives of the Nigeria Security and Civil Defence Corps (NSCDC) following a petition by Ezekulie Stanley Chukwuamuanya, a BDC operator who alleged that the suspect defrauded him of $5,000.
According to the EFCC, preliminary investigations indicate that Wasiu allegedly posed as a wealthy contractor to gain the confidence of BDC operators before collecting their foreign currencies and presenting fake naira transfer alerts.
The anti-graft agency said Wasiu allegedly rented different Toyota Hilux trucks, moved around with escorts and travelled across parts of the South-East and Akwa Ibom State while allegedly using the same modus operandi to defraud BDC operators.
