OPERATIVES of the Economic and Financial Crimes Commission (EFCC) have arrested no fewer than 16 suspected internet fraudsters also called Yahoo boys in Lagos and Ogun states.
Some of the suspects were arrested in Victoria Island, Lagos, in a raid which was prompted by intelligence reports.
The others were picked up in Otta area of Ogun State.
The anti-graft commission said the items recovered from the suspects included different brands of cars allegedly acquired from the proceeds of fraudulent activities.
The Commission said the suspects would be arraigned in court as soon as investigations were over.
Activities of internet fraudsters are on the rise across the country.