Operatives of the Lagos Command of the Economic and Financial Crimes Commission, EFCC, have re-arrested a suspected internet fraudster, Ismailia Mustapha for laundering funds obtained through unlawful activities and retention of alleged proceeds of crime.
A statement by the spokesperson of the commission, Wilson Uwujaren said Mompha was arrested on Monday.
“The suspect is currently standing trial alongside his company, Ismalob Global Investment Limited on an amended 22 count charge bordering on cyber fraud and money laundering to the tune of N32.9 billion brought against him by the EFCC.”
Recall that following an EFCC watch list, Mompha was arrested by the Nigeria Immigration Service on October 18, 2019 at Nnamdi Azikiwe International Airport while boarding an Emirates Airline Flight to Dubai.
He is alleged to have used his registered companies to receive illicit funds on behalf of “yahoo yahoo” boys from across the world in return for commission.
The account of one of his companies, Ismalob Global Investment Limited Bank, a Bureau de Change Company, domiciled in Zenith Bank Plc, was allegedly used to launder funds derived from unlawful activities.
Investigation has revealed a fraudulent transfer slip of $92,412,75 found in the suspect’s IPhone 8 device.
He will soon be charged to court.
