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SCARS™ Scam News: Yahoo Boys In Ibadan Nigeria Go Into Hiding

As EFCC Intensifies Clampdown Scammer Crawl Back In Their Holes

Suspected internet fraudsters arrested in Abuja by the EFCC

Suspected internet fraudsters arrested in Abuja by the EFCC

Per The Nigeria Press:

One of the largest cities in West Africa, Ibadan of late has become a safe haven for Yahoo Boys taking refuge in the suburbs of the city of brown roofs.

Internet fraudsters in Ibadan, Oyo State popularly regarded as ‘Yahoo Boys’ or ‘G-Boys’ have been going into hiding as the foremost anti-graft agency in Nigeria – Economic and Financial Crimes Commission continues its massive raid of their hide-outs.

The EFCC stemmed up its harvest of the fraudsters across Nigeria with series of arrests recorded in Ibadan, Abuja, Lagos, Port Harcourt, Ilorin, Benin and other major cities in the country this year thereby unsettling the scammers living flamboyant lives.

One of the largest cities in West Africa – Ibadan, of late has become a safe haven for Yahoo Boys taking refuge in the suburbs of the city of brown roofs.
The story seems to be different this year as agents of the EFCC have been raiding the fraudsters at different locations with their suspected proceeds of fraud seized from them before subsequent arraignment in court.

A panicky source told Tori News he has been keeping a low profile to avoid the prying eyes of the EFCC.

“I have parked my car at a safe place. I’m not using it until the EFCC reduces its tempo of arrests. I can’t even use the bank to obtain money from my clients. I have also being avoiding beer parlours because one doesn’t know who is who presently.” he said.

Tori News was also informed that some Yahoo Boys have been taking up menial jobs temporarily to hoodwink the EFCC operatives who they believe are operating undercover in Ibadan.

Another source named Gabriel (not real name) revealed how he has been unable to drive the fairly used multi millionaire Honda Crosstour he just purchased with his loot.

“I can’t drive my new car around town. The street is not safe for now. These guys (EFCC operatives) are ruthless. They will seize all your properties and still parade you. I can’t stand the disgrace of having my pictures on social media pages and blogs with the tag of a ‘Yahoo Boy’. In fact, I don’t leave my house unless the reason is important. That’s how we are surviving now” he concluded.

Another fraudster, a young man in his late 20s who doubles as a music record label owner complained to a Tori News correspondent that the ‘fraud deals’ have been slow of late due to the activities of the EFCC officials. He alleged they seem to be working in concert with members of the controversial Special Anti Robbery Squad, SARS or prostitutes popularly regarded as ‘Oloshos’ in intelligence gathering.

“These EFCC guys are not joking; the raids are done with so much accuracy. The house they raided around the Ologuneru area last week is very close to mine. I almost rented an apartment there but I changed my mind. Just last week, I was apparently running helter skelter with my friend because they were at strategic locations in town and we had to avoid them” he said.

Most of the Yahoo Boys this paper contacted believe the heat is nothing but a ‘momentary madness’ which the EFCC can’t sustain.

“We have seen this before now, it happened early last year in Lagos and many of my friends had to leave the Island area to avoid arrest and asset seizure. Today, the guys have returned to their homes and they are working freely.”one young man named Haruna said.

Haruna revealed that they expect the war on Yahoo Boys to wind down in two months time. He went on to explain that the officials of the anti-corruption agency are hard to ‘negotiate’ with.

“Its very difficult to bribe these guys. They will dig out everything you are hiding. Even if they will set you free, they will make sure they strip you naked financially” he added.

Rumours making the round in Ibadan revealed the EFCC arrested one popular and established Yahoo Boy named Leke and rendered him bankrupt.

5 exotic cars, over N100 million and his house in Lagos State were allegedly confiscated after investigation. The former ‘poster boy’ who purportedly slept with ladies at will is presently moving around town on commercial motorcycles as he is completely broke.

 

SCARS the Society of Citizens Against Relationship Scams Incorporated

 
SCARS™ Team

A SCARS Division
Miami Florida U.S.A.

 

TAGS: Ibadan, Nigeria, Nigerian City, EFCC, Scammers Arrested, Yahoo Boys, Lagos State, G-Boys, Nigerian Scammers, Nigerian Fraudsters, Scammers Arrested, West Africa, Economic and Financial Crimes Commission, 


END


 

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Always report scams involving money lost or where you received money to:

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Yahoo Boys In Ibadan Nigeria Go Into Hiding - SCARS™ Scam News 1

 

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Published On: February 11th, 2019Last Updated: March 24th, 2022Categories: UncategorizedTags: , , , , , , , , , , , ,

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Important Information for New Scam Victims

If you are looking for local trauma counselors please visit counseling.AgainstScams.org or join SCARS for our counseling/therapy benefit: membership.AgainstScams.org

If you need to speak with someone now, you can dial 988 or find phone numbers for crisis hotlines all around the world here: www.opencounseling.com/suicide-hotlines

A Note About Labeling!

We often use the term ‘scam victim’ in our articles, but this is a convenience to help those searching for information in search engines like Google. It is just a convenience and has no deeper meaning. If you have come through such an experience, YOU are a Survivor! It was not your fault. You are not alone! Axios!

A Question of Trust

At the SCARS Institute, we invite you to do your own research on the topics we speak about and publish, Our team investigates the subject being discussed, especially when it comes to understanding the scam victims-survivors experience. You can do Google searches but in many cases, you will have to wade through scientific papers and studies. However, remember that biases and perspectives matter and influence the outcome. Regardless, we encourage you to explore these topics as thoroughly as you can for your own awareness.

Statement About Victim Blaming

Some of our articles discuss various aspects of victims. This is both about better understanding victims (the science of victimology) and their behaviors and psychology. This helps us to educate victims/survivors about why these crimes happened and to not blame themselves, better develop recovery programs, and to help victims avoid scams in the future. At times this may sound like blaming the victim, but it does not blame scam victims, we are simply explaining the hows and whys of the experience victims have.

These articles, about the Psychology of Scams or Victim Psychology – meaning that all humans have psychological or cognitive characteristics in common that can either be exploited or work against us – help us all to understand the unique challenges victims face before, during, and after scams, fraud, or cybercrimes. These sometimes talk about some of the vulnerabilities the scammers exploit. Victims rarely have control of them or are even aware of them, until something like a scam happens and then they can learn how their mind works and how to overcome these mechanisms.

Articles like these help victims and others understand these processes and how to help prevent them from being exploited again or to help them recover more easily by understanding their post-scam behaviors. Learn more about the Psychology of Scams at www.ScamPsychology.org

Psychology Disclaimer:

All articles about psychology and the human brain on this website are for information & education only

The information provided in this article is intended for educational and self-help purposes only and should not be construed as a substitute for professional therapy or counseling.

While any self-help techniques outlined herein may be beneficial for scam victims seeking to recover from their experience and move towards recovery, it is important to consult with a qualified mental health professional before initiating any course of action. Each individual’s experience and needs are unique, and what works for one person may not be suitable for another.

Additionally, any approach may not be appropriate for individuals with certain pre-existing mental health conditions or trauma histories. It is advisable to seek guidance from a licensed therapist or counselor who can provide personalized support, guidance, and treatment tailored to your specific needs.

If you are experiencing significant distress or emotional difficulties related to a scam or other traumatic event, please consult your doctor or mental health provider for appropriate care and support.

Also read our SCARS Institute Statement about Professional Care for Scam Victims – click here to go to our ScamsNOW.com website.

If you are in crisis, feeling desperate, or in despair please call 988 or your local crisis hotline.