EFCC nab suspected fraudster Hyginus Nkwocha, recover luxury cars, properties

The Economic and Financial Crimes Commission (EFCC) has arrested Hyginus Nkwocha, a 35-year-old man in Abuja, over allegations of internet fraud and money laundering.

Nkwocha, often referred to as a ‘young billionaire,’ was apprehended at Ever Green Estate, Lugbe, Abuja, following intelligence reports linking him to fraudulent activities.

During the arrest, the EFCC recovered several luxury items, including $2,200 in cash, an iPhone 15 Pro Max, Samsung Galaxy S24 Ultra, Samsung Galaxy S21 Ultra, an iPhone 13 Pro Max, a MacBook, and various gold accessories.

The commission also seized three high-end vehicles: a Mercedes Benz ML 350, a Chevrolet Camaro, and a Mustang.

Additionally, the EFCC discovered multiple properties linked to Nkwocha, located in Cookies Court 2, Ocean Palm Estate, Ajah, Lagos; Unit C8, Lugbe Airport Road, Abuja; and Cookies Court 2, 2nd Avenue, Ocean Palm Estate, Ogombo, Lagos State.

Dele Oyewale, Head of Media and Publicity at the EFCC, confirmed the arrest and stated that Nkwocha would face charges once the investigation is completed.

The arrest is part of the EFCC’s ongoing efforts to combat internet fraud and money laundering in Nigeria.