The Economic and Financial Crimes Commission, EFCC, Ibadan zonal office today arraigned one David Ayomide Raphael before Justice Joyce Abdulmalik of the Federal High Court sitting in Ibadan, Oyo State, on an eight-count charge of money laundering .

Raphael was arraigned following an anonymous petition alleging that a syndicate of fraudsters who resides at Kola area, Oluyole, Ibadan was into fraudulent activities.

Investigation into the petition by operatives of Commission revealed that members of the syndicate - Davies Ayomide Raphael and two others at large (Oyewole Segun Samuel and Adeyemi Adewumi Segun) were specialized in internet scam through which they defraud innocent people, while using fictitious address to purchase items online such as cars and furniture with fake PayPal.
It was also discovered that the defendant also engages in online dating to defraud unsuspecting victims. One of the counts reads:
The charge reads:
“That you, Davies Ayomide Raphael on the 20th of June 2016, at Ibadan within the jurisdiction of this Federal High Court, did directly take possession of the sum of N235,000.00 (Two Hundred and Thirty Five Thousand Naira) only transferred to you by Adeyemi Adewumi Segun which sum you knew or reasonably ought to have known form part of the proceeds of your unlawful act and thereby committed an offence contrary to Section 15 (2) (d) of the Money Laundering (Prohibition) Act 2011 (As Amended) and punishable under Section 15 (3) of the same Act”.
The defendant pleaded not guilty to the charges preferred against him.
In view of his plea, counsel to the EFCC, Sanusi M. Galadanshi prayed the court for a trial date and urged the court to remand the defendant in prison custody.
However, counsel to the defendant, J. A. Sanusi informed the court of a pending bail application on behalf of his client and prayed the court to allow the defendant remain in the EFCC's custody pending the hearing of the application.
Justice Abdulmalik granted the prayer and ordered that the defendant be remanded in EFCC's custody pending hearing of his bail application.
The case is adjourned to February 27, 2018 for hearing of bail application and commencement of trial.

News From Ebiwali--
https://www.ebiwalismoment.com/2018/02/efcc-arrested-young-man-for-money.html?m=1

Let my people goo

I begi leave them jare, boys no go huzzle ni,as work no dey town boys must chop jare

My business here is to comment nothing else
I don't know why this poster hate this guy

Remember man must hustle double wahala

Yahoo Boy no Laptop

Casket driven boys

Efcc should free this guy joor,his just an apprentice.
They should rather go and arrest fraud kingpins like
the Jonathan's family, bukola saraki,dino melaye and co..

I suggest

Who are the victims?

Sometimes I wonder how many years court dey sentence yahoo Boiz coz av not really seen any of them sentence to jail. Highest na bail things after court froze your bank account and carry all your properties plus tarnished image.

The person below me, let tribalism not kill you one day. Right now every tribe in this country is into Yahoo.

The usual suspects... Ahonja

emmykey0128:
I begi leave them jare, boys no go huzzle ni,as work no dey town boys must chop jare

who tell u say work no dey?

Useful efcc. No prove or enough evidence. only one charge of someone transferring money into his account and it's money laundering. The case will be thrown out for lack evidence and stupidity. This is the exact reason why efcc always loose court cases.

ibadan and Benin city are the centres of yahoo. I hear the number of girls whose virtues are still intact are not up to 8 in ibadan.

Nonsense.

How many have been arrested after snake ate all the money?
Or embezzled govt funds and are still walking around?
..........

HausaOverlord:
who tell u say work no dey?

Look at this f00l. Which work? Cattle rearing?

this one did not settle. yahoo boy getting arrested is not supposed to be news.

Hmmmmn. Nigeria i hail

Lol!




He suppose settle dem now!

Josh44s:


Look at this f00l. Which work? Cattle rearing?

bros I no insult u nah, I just ask u simple question abi no be young entrepreneurs they spring up everyday, must u wait for government to do everything for u, even for advanced countries everybody still dey find him personal way out

I need a correct free VPN everyone, help a brother!