Yahoo Academy Bust: EFCC Arrests 25 in Major Benin Operation
On January 16, 2025, operatives of the Economic and Financial Crimes Commission (EFCC) uncovered a cybercrime training center, commonly referred to as a “Yahoo Academy,” in Benin City, Edo State. The operation led to the arrest of 25 individuals suspected of undergoing training in internet fraud.
Items Recovered:
During the raid, the EFCC seized several items believed to be connected to cybercrime activities, including:
- Six exotic cars
- Multiple laptops
- Numerous mobile phones
Ongoing Investigations:
The EFCC has stated that investigations are ongoing to determine the extent of the suspects’ involvement in cybercrime and to identify any additional collaborators. The agency reiterated its commitment to eradicating cybercrime in Nigeria and urged the public to remain vigilant, providing credible information to aid their operations.
Public Advisory:
The EFCC continues to warn against participation in cybercrime, emphasizing the legal repercussions and the negative impact on Nigeria’s international reputation. The commission encourages citizens to engage in legitimate business activities and to report any suspicious activities to the appropriate authorities.