EFCC Herbalists with Over $3.4 Million in Fake Foreign Currency
The Economic and Financial Crimes Commission (EFCC) has arrested five suspected herbalists for allegedly possessing counterfeit foreign currencies valued at $3.43 million and €280,000 in Osun and Lagos states.
The suspects, Akingbola Omotayo, Adeola Ogunrinde, Yahaya Amodu, Kubratu Olaitan, and Familola Olaitan, allegedly defrauded a victim of ₦26.55 million through false spiritual cleansing promises and claims of curing illnesses.
According to the commission, the suspects convinced victims that they could supernaturally produce foreign currencies that required spiritual sacrifices, to be performed by a genie, before the money could be spent. EFCC spokesman Mr. Oyewale stated, “They did all these by hypnotising their victims to provide money for the sacrifice.”
Investigations revealed that the fraudsters targeted individuals by promising spiritual solutions to health and financial problems. Recovered items from the suspects include counterfeit foreign currencies, two luxury vehicles, and several mobile phones.
Mr. Oyewale confirmed that the suspects will be charged in court once the investigation is complete.
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