Fake EFCC Operative Nabbed For Extorting Money From CEO

A man, Paschal Ugwu, has been arrested by the police for posing as an employee of the Economic and Financial Crimes Commission (EFCC) and defrauding unsuspecting persons.

The Commissioner of Police, Lagos State Command, Edgal Imohimi, who paraded Ugwu along with other suspects on Monday, said the imposter was nabbed on October 5, 2018, in Ijegun area of Lagos.

He said, “He pretended to be an EFCC officer and accused the Chief Executive Officer of Wire-My-Cake Company of defrauding GTB.

“He told the CEO that it was the proceeds of the fraud that he used to set up his company. He had extorted money from the company for two months before he was arrested.

“He was able to obtain N805,000 from the victim. An investigation was launched into the case by operatives of the command attached to Area ‘F’ Ikeja.

“This led to the arrest of one Sodiq Ibrahim, a dismissed worker of Wire-My-Cake Company, who connived with the suspect to defraud his former employer. The suspects will be charged to court at the end of investigation.”

The suspect will be arraigned in court soon.