Operatives of the Economic and Financial Crimes Commission EFCC Lagos Zonal Command, have arrested one Precious Ofure Omonkhoa for an alleged bitcoin investment scam.
According to a statement released by the EFCC director, Media and Publicity on Friday, November 12, 2021, Omonkhoa was arrested on November 8, 2021, in the Ikoyi area of Lagos, following credible intelligence received by the commission about his illegal activities.
He allegedly posed as Moshem Cnich, a Swedish national, to defraud unsuspecting victims of their hard-earned money by claiming that he runs a bitcoin scheme, where people invest money to make huge returns
Preliminary investigation, Uwujaren noted, revealed that Precious engaged in a dating scam and had defrauded two victims in Canada.
“The suspect confessed to have laundered the proceeds of his fraudulent activities by purchasing a piece of land worth $150,000 through bitcoin from CASA-Cubana, a project being run by the Cubana Group,” the statement said.
Cubana Group is owned by popular socialite, Obinna Iyiegbu better known as Obi Cubana.
It is unclear if the EFCC questioned the businessman about Precious’ transaction with CASA-Cubana during his 4-day interrogation in Abuja.
The EFCC spokesman added that upon his arrest, $50,000 was found in the suspect’s bitcoin wallet. He will soon be charged to court.