Operatives of the Economic and Financial Crimes Commission (EFCC), Ilorin Zonal Directorate, have arrested a Nigerian-American, Adegoke Oluwatobi Adams, over an alleged cross-border vehicle import fraud involving more than $320,000 (approximately ₦434.88 million).
Details of the Alleged Fraud
Adams, who holds dual citizenship of Nigeria and the United States, is being investigated for alleged criminal breach of trust and obtaining money under false pretences. According to the EFCC, preliminary investigations revealed that the suspect allegedly belongs to a syndicate based in the United States that specialises in defrauding unsuspecting Nigerians under the guise of purchasing and importing vehicles from America.
How the Scheme Operated
Investigators said Adams allegedly advertised and circulated photographs of a 2024 Mercedes-Benz G63 AMG to prospective buyers in Nigeria, claiming he would purchase and ship the luxury vehicle to them. Findings showed that two victims allegedly paid a combined sum of $320,000 for the vehicle. One of the victims, Ikechukwu Osita Ifeabunike, reportedly paid $145,000 through an intermediary, while another victim, Godson Azubuike Amans, allegedly paid $175,000 for the same vehicle.
Prior Criminal Record
The anti-graft agency said further investigations uncovered a prior criminal record linked to Adams in the United States, allegedly involving the illegal acquisition of vehicles. The suspect was arrested by operatives of the EFCC's Ilorin Zonal Directorate upon his return to Nigeria.
Next Steps
The Commission said investigations are ongoing and that the suspect will be arraigned in court upon their conclusion.
